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M2-Zoned Flex Space
For Sale
Contact for pricing
Pending

429 Optimist Drive, Cape Girardeau, MO 63701

Three-unit commercial property with separate HVAC systems and individually metered service.

Property Size6,288 SF
Days on Market142

Property Features for 429 Optimist Drive

General Information

Standard status Pending
Size 6,288 SF
Property subtype Special Purpose
Zoning M2

Additional Details

Office Units 3
Listing Agency: CENTURY 21 Ashland Realty
Listed By: Kim Baker · License #MO
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 1:37AM

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 CENTURY 21 Ashland Realty

Investment Insights

Based on property information with market context.

This flex property contains three units measuring 2,720 square feet, 2,688 square feet, and 880 square feet. The building has separate HVAC systems, two meters, and an approximately 10-year-old roof. M2 zoning supports its established commercial and industrial positioning.

The property is located at 429 Optimist Drive in Cape Girardeau and overlooks the Arena Building. Approximately half of the building is currently rented, providing an existing occupancy component alongside the available space.

Key Highlights

  • Three units totaling 6,288 square feet: 2,720 SF, 2,688 SF, and 880 SF
  • M2 zoning
  • Separate HVAC systems for the property

Property Analytics

Current Use

Bubbles N Barks ... Kennel & Boarding Facility Rock A By Baby's ... Daycare Center

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Grocery & Convenience Store Plumbing Service (Bike/Boat/Book/etc) Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Office units

Location Intelligence

Trade Area within ½ mile

722
Businesses Nearby
Under-served
Demand for This Use

Demographics for 63701, MO

39,246
Population
17,834
Households
2.2
Avg Household Size
35
Median Age
39%
College-Educated
94%
High-School Grad
132.7 sq mi
ZIP Area
296
Density / Sq Mi
$67,904
Median Household Income
$32,655
Median Earnings
$863
Median Rent
$209,600
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Three-unit commercial property with separate HVAC systems and individually metered service.
Where is this flex space located?
The property is located at 429 Optimist Drive Cape Girardeau, MO.
What are key features of this property?
This property features: Three units totaling 6,288 square feet: 2,720 SF, 2,688 SF, and 880 SF; M2 zoning; Separate HVAC systems for the property
More about this property
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