Heated Shop
1070 W Cape Rock Dr Cape Girardeau, MO 63701
1070 W Cape Rock Dr, Cape Girardeau, MO, 63701
$180,000
For Sale
$180,000
Heated 1,800 sq. ft. shop includes blown-in wall insulation and a bathroom, with option to add air conditioning.
Property Size1,800 SF
Price / SF$100
Days on Market113
Property Features for 1070 W Cape Rock Dr
General Information
- Standard status
- Active
- Size
- 1,800 SF
Listing agency
Special T Realty, LLC
(573) 450-1996
Listed by
Teresa Hastings
(573) 450-1996
Source
Exprealty
Added: Apr 1 Updated: Jul 22 at 11:11AM Checked: Jul 22 at 11:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Special T Realty, LLC
Investment Insights
Based on property information with market context.
This heated shop space offers 1,800 sq. ft. of enclosed area, with the option to add air conditioning. The building includes 6 inches of insulation blown into the walls and a bathroom.
The property is located at 1070 W Cape Rock Dr in Cape Girardeau, MO.
Ideal for an owner-operator seeking a dedicated workspace, the interior is set up as a self-contained shop with climate support and basic restroom facilities.
The property is located at 1070 W Cape Rock Dr in Cape Girardeau, MO.
Ideal for an owner-operator seeking a dedicated workspace, the interior is set up as a self-contained shop with climate support and basic restroom facilities.
Key Highlights
- Heated 1,800 sq. ft. shop space
- Includes 6 inches of insulation blown in the walls
- Bathroom included
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $17.9k | $9.96 |
| − Vacancy | −$1.5k | −$0.83 |
| EGI | $16.4k | $9.13 |
| − OpEx | −$2.5k | −$1.37 |
| NOI | $14.0k | $7.76 |
1,800 SF · lease $9.96/SF/yr · vacancy 8.30% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$199.6K
$174.7K – $232.9K
NOI $13,974 @ 7.0% cap · market cap 7.76%
Second Best
Industrial
$167.6K
$146.7K – $195.6K
NOI $11,734 @ 7.0% cap · market cap 6.52%
Theoretical Best
Office A
$567.9K
$496.9K – $662.5K
NOI $39,750 @ 7.0% cap · market cap 22.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
A & D Fire/ Water ...
Hardware & Home Improvement
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Heated 1,800 sq. ft. shop includes blown-in wall insulation and a bathroom, with option to add air conditioning.
Where is this flex space located?
The property is located at 1070 W Cape Rock Dr Cape Girardeau, MO.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Heated 1,800 sq. ft. shop space; Includes 6 inches of insulation blown in the walls; Bathroom included
