Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1427 Thomas Dr Cape Girardeau, MO 63701

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $850 /Mo

    Centrally located office space with modern finishes and included amenities.

    Type:Office
    Property size:
    275 SF
    Added:
    Mar 5, 2026
    Days on Market:
    28
    Last Refresh:
    Apr 1 at 10:07 pm

    Property Features for 1427 Thomas Dr

    General Information

    Standard status
    Active
    Size
    275 SF
    Property subtype
    Office

    Spaces For Lease

    at 1427 Thomas Dr Contact us

    We can help!

    Listing Contact
    Matt Huber

    Listing agent Matt Huber License #MO #2023031239

    Listing office

    Listing date Mar 5, 2026

    Source Lorimont

    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 Matt Huber

    Overview

    Remodeled Office Space with Amenities

    Suite 6 offers 275 square feet of space and includes 2 desks/memberships. The lease is full-service, covering all utilities, printing, snacks, coffee, conference room and common area access, and a dedicated mailbox. Signage options are available. The property is conveniently situated in a central location with easy access to major highways. The surrounding area offers a variety of amenities, including dining, entertainment, and cultural attractions. The property has been completely remodeled with stylish mid-century modern finishes. It is a multi-tenant office space with dedicated parking and high-speed internet connectivity.
    Location Intelligence

    Current Use by Public Records

    Modern Woodmen of America Insurance Agency Diebold Morrel Insurance Agency Timothy D. Gould, ... Counselor Leonard Mary M Counselor HomeStar Home Loans Loan Service

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cape Girardeau
    County
    Cape Girardeau
    State
    Missouri
    Longitude
    -89.5645
    Latitude
    37.326

    Nearby Similar for Lease

    • Contact for pricing

      Office Suite in Cape Girardeau

      Office suite with high visibility and traffic in Cape Girardeau.
      450 Siemers Drive, Cape Girardeau, MO 63701
      View Details
    • Contact for pricing

      Renovated Commercial Space For Lease

      Renovated commercial space with high visibility in a prime location.
      230 N Sprigg Street, Cape Girardeau, MO 63701
      View Details
    • Contact for pricing

      Mixed-Use Commercial Space Available

      Versatile storefront and warehouse space in downtown Cape Girardeau.
      2117 Broadway St. Suite B, Cape Girardeau, MO 63701
      View Details
    • Contact for pricing

      Historic Art Deco Landmark Space

      Restored historic building in downtown Cape Girardeau's commercial district.
      824 Broadway St, Cape Girardeau, MO 63701
      View Details
    • Contact for pricing

      Remodeled Office Space with Amenities

      Centrally located office space with modern finishes and included amenities.
      1427 Thomas Dr, Cape Girardeau, MO 63701
      View Details
    • Contact for pricing

      Downtown Office Building For Lease

      13,694 SF office building in historic downtown Cape Girardeau.
      18 N. Main, Cape Girardeau, MO 63701
      View Details
    • Contact for pricing

      Professional Office Building For Rent

      1,218 SF professional office building in good location.
      720 Forest Ave, Cape Girardeau, MO 63701
      View Details
    • Contact for pricing

      Cape Girardeau Warehouse Space Available

      Versatile warehouse space with high ceilings and ample parking.
      45 N Broadview St - Middle, Cape Girardeau, MO 63701
      View Details
    • Contact for pricing

      Versatile Warehouse Space Available

      9600 sf warehouse with high ceilings, shared loading dock.
      45 N Broadview St - Front, Cape Girardeau, MO 63701
      View Details
    • Contact for pricing

      600 SF Commercial Storage Space

      Commercial space ideal for off-site storage with drive-in door.
      2222 Kingsway Dr, Suite C, Cape Girardeau, MO 63701
      View Details
    • Contact for pricing

      Spacious Office Space For Rent

      15,100 SF office space near dining and shopping.
      301 South Broadview Street, Cape Girardeau, MO 63703
      View Details
    • Contact for pricing

      New Development Retail Space Available

      Prime lease space with high visibility and build-out allowance.
      2510 Veterans Memorial Drive, Cape Girardeau, MO 63701
      View Details

    FAQs

    What type of property is this?
    Coworking space - Centrally located office space with modern finishes and included amenities.
    Where is this coworking space located?
    The property is located at 1427 Thomas Dr Cape Girardeau, MO.
    What is the lease rate?
    The lease rate is $850 /Mo.
    What are key features of this property?
    This property features: Full‑service lease includes all utilities, printing, snacks, coffee, conference room access, common area access, and dedicated mailbox.; Convenient central location with easy access to major highways and nearby dining, entertainment, and cultural attractions.; **Includes 2 desks/memberships within the 275 SF suite.**
    (573) 334-5200
    We can help!
    Listing Contact
    Matt Huber
    Real Estate License ID: MO #2023031239
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!