Property profile

2 Columbia St Farmington, MO 63640

OFF-MARKET
Banks
Property ID
US48-1202840
10,048 SF 0.57 ac lot Built 1972
Individually Owned 1-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional commercial property, located at 2 W Columbia Street in the heart of Farmington, MO, presents a unique investment opportunity. Encompassing an entire city block, this substantial building offers 18,000 square feet of versatile space, providing unmatched visibility and high foot traffic. Its central downtown location ensures maximum exposure to potential customers. Currently, a portion of the building is already leased, generating immediate rental income. This existing income stream provides a solid foundation for future growth and expansion. The upper level presents significant untapped potential, suitable for conversion into additional office space or the creation of attractive residential apartments. The 0.33-acre lot provides ample space for various uses and future development. This property is ideally suited for investors seeking a strong return on investment or entrepreneurs looking to establish a thriving business in a prime, high-traffic location. The building's size and location make it a rare find in Farmington's most desirable area. Don't miss this chance to acquire a truly exceptional commercial property with significant upside potential. The asking price is $1,125,000.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1972
Total area 10,048 SF
Lot 0.57 ac (24,699 SF)
APN 10-90-31-03-039-0003.00
UPID US48-1202840

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2 Columbia St Farmington, MO 63640-3101
Farmington metro Census 950902 FARMINGTON, MO MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$375k

Owner & transaction history

since 2025
1 recorded transaction
2025
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2 Columbia St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
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