Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Tarkio Ct, Unit 3 Columbia, MO 65202

    Sponsored
    For Sale
    $862,488

    COMMERCIAL - Columbia, MO

    Lot size:
    0.90 Acres
    Days on Market:
    2
    Last Refresh:
    Feb 24 at 6:06 pm

    Property Features for Tarkio Ct

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    1720400000120001
    Lot size
    0.90 Acres

    Utilities

    Utilities
    Electricity Available
    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Cheryl Maupin

    Real Broker, LLC (855) 450-0442

    Listing agent Cheryl Maupin (573) 239-1087

    Listing date Feb 23, 2026

    MLS# 10072372 Listing URL

    Copyright © 2026 Jefferson City Area Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Commercial Land Near I-70

    This commercial land offers an excellent opportunity in a high visibility area of Columbia, Missouri, conveniently located near I-70 and Hwy 63. Situated close to Clark Lane, the parcel provides convenient access to major roadways, ensuring strong exposure and accessibility for various commercial or mixed-use possibilities. The surrounding area is characterized by established businesses, residential neighborhoods, and ongoing development, fostering future growth and demand. This site presents a strategic location suitable for retail, office, service, or investment purposes, subject to local zoning and approvals. With its proximity to I-70, downtown Columbia, and key amenities, this property offers a compelling opportunity for developers and investors seeking a well-positioned commercial site in a growing market. The lot size is 0.9 acres and is located on TARKIO Court.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Columbia
    County
    Boone
    State
    Missouri
    Longitude
    -92.256403
    Latitude
    38.962513

    Nearby Similar for Sale

    • $50,000
      1,120 SF

      Farmhouse with Outbuildings and Pond

      11-acre farm with house, outbuildings, and pond near Columbia.
      1402 Jade Rd, Columbia, MO 65201
      View Details
    • $1,855,000
      1.67 Acres

      High-Visibility Columbia Retail Lot

      Prime 1.67-Acre Retail Site
      9 Corporate Lake Dr, Columbia, MO 65203
      View Details
    • $1,792,885
      718 SF

      Columbia Medical Office Condos

      Five Medical Suites, Prime Location
      500 Keene St, Columbia, MO 65201
      View Details
    • $750,000
      0.86 Acres

      Columbia Shopping Center Investment

      Prime retail center, high traffic area.
      3200 Clark Ln, Columbia, MO 65202
      View Details
    • Contact for pricing
      29.00 Acres

      Trade Winds Industrial Park Lots

      Columbia, MO Industrial Land: 8 Lots Available
      0 Tradewinds Pkwy, Columbia, MO 65203
      View Details
    • $690,000
      0.90 Acres

      High-Visibility Retail Lot in Columbia, MO

      Prime Retail Location, High Traffic, 0.9 Acres
      5 Corporate Plz Dr, Columbia, MO 65202
      View Details
    • $2,375,000
      3.00 Acres

      Prime I-70 Columbia Industrial Land

      3-Acre Pad-Ready Site, High Visibility
      5609 St. Charles Rd, Columbia, MO 65202
      View Details
    • $425,000
      2,082 SF

      Columbia Executive Office Building

      Prime Location, Two Units, $425,000
      3506 Interstate 70 Dr, Columbia, MO 65201
      View Details
    • $2,650,000
      27,000 SF

      Columbia Shopping Center Value-Add Opportunity

      High-yield retail investment, 27,000 sq ft
      5695 Clark Ln, Columbia, MO 65202
      View Details
    • $425,000
      2,400 SF

      Prime Columbia Office Building

      Executive Suite, I-70 Frontage, $425K
      3504 Interstate 70 Dr, Columbia, MO 65201
      View Details
    • Contact for pricing
      41,509 SF

      Columbia Medical Office Portfolio

      Three Class A Medical Buildings, 41,509 SF
      812 Keene St, Columbia, MO 65201
      View Details
    • $875,000
      5,336 SF

      Prime Columbia Retail Space

      High-traffic Cherry Hill Village location.
      2024 Cherry Hill Dr, Columbia, MO 65203
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land in high-visibility area near I-70 and Hwy 63.
    Where is this commercial land located?
    The property is located at Tarkio Ct, Unit 3 Columbia, MO.
    What is the asking price?
    The asking price for this property is $862,488.
    What are key features of this property?
    This property features: - High visibility location in Columbia, Missouri.; - Close proximity to I-70 and Hwy 63.; - Convenient access to major roadways (near Clark Lane).
    (573) 239-1087
    Request Owner's contact information
    Tarkio Ct, Unit 3 Columbia, MO 65202
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Tarkio Ct, Unit 3
    Columbia, MO 65202
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Tarkio Ct, Unit 3 Columbia, MO 65202
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Cheryl Maupin
    Real Estate License ID: 2012041666
    (573) 239-1087 (855) 450-0442 (573) 520-3099
    Learn more
    Google sign-in failed. Please try again or use another login method.