High Traffic Retail/Office
For Sale
Contact for pricing
2500 - 2536 William, Cape Girardeau, MO 63703
Neighborhood center with high visibility and excellent tenant mix.
Property Size29,000 SF
Lot Size4.45 Acres
Price / SF$1.14
Days on Market206
Property Features for 2500 - 2536 William
General Information
Standard status
Active
Size
29,000 SF
Lot size
4.45 Acres
Property subtype
Office/Retail
Lease Term
+ NNN
Building Details
Building Size
29,000 SF
Properties For Sale
at 2500 - 2536 William
2534 William Street
Size
1,450 SF
Term
Negotiable
Listing Agency:
Lorimont L.C.
Listed By:
Tom Kelsey · License #2018017771
(573) 334-5200
Source:
Lorimont
Added: Apr 1
Changed: Oct 21
Last Checked: Oct 20 at 6:14PM
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 Lorimont L.C.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This neighborhood center offers high traffic and visibility, featuring an excellent tenant mix. The property provides abundant off-street parking and signage opportunities. There is 1,450 square feet of total lease space available. Located on William Street, this space is suitable for office, retail, or service-type businesses. The property includes plenty of paved off-street parking and excellent signage opportunities.
Key Highlights
- High traffic and visibility location
- Abundant off‑street parking
- Excellent signage opportunities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,371
Suggested Prices Based on Cap Rates
Cap Rate 5%
$267,420
$267.4K
Cap Rate 7%
$191,014
$191.0K
Cap Rate 9%
$148,567
$148.6K
Market Conditions
NOI Build-Up for 1,450 SF
Gross rent
$20.4K $14.04/SF
− Vacancy
−$1.3K −$0.87/SF
EGI
$19.1K $13.17/SF
− OpEx
−$5.7K −$3.95/SF
NOI
$13.4K $9.22/SF
Area
Cape Girardeau County, MO
Vacancy
6.17%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$267,420
Cap Rate 7%
$191,014
Cap Rate 9%
$148,567
Alternative Uses
Best Use
Retail
$191.0K
$167.1K – $222.9K
NOI $13,371 @ 7.0% cap · market cap 810.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$457.4K
$400.3K – $533.7K
NOI $32,021 @ 7.0% cap · market cap 1,940.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,001
Businesses Nearby
420k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 32%
Groceries 29%
Dining 29%
Apparel 5%
Hobby Lobby
Shops & Services
56,739 visits/mo
0.2 miles
Schnucks
Groceries
49,791 visits/mo
0.2 miles
Walmart Neighborhood Market
Groceries
46,893 visits/mo
0.4 miles
Huck's
Shops & Services
28,887 visits/mo
0.4 miles
Culver's
Dining
28,406 visits/mo
0.5 miles
Demographics for 63703, MO
8,599
Population
4,182
Households
2.1
Avg Household Size
37
Median Age
22%
College-Educated
86%
High-School Grad
12.9 sq mi
ZIP Area
667
Density / Sq Mi
$36,909
Median Household Income
$28,121
Median Earnings
$843
Median Rent
$127,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Neighborhood center with high visibility and excellent tenant mix.
Where is this retail space located?
The property is located at 2500 - 2536 William Cape Girardeau, MO.
What are key features of this property?
This property features: High traffic and visibility location; Abundant off‑street parking; Excellent signage opportunities
