Retail/Office Space Near
For Sale
Contact for pricing
3065 William, Cape Girardeau, MO 63703
Prime location near I-55 and West Park Mall.
Property Size50,000 SF
Lot Size5.13 Acres
Days on Market232
Property Features for 3065 William
General Information
Standard status
Active
Size
50,000 SF
Class
A
Lot size
5.13 Acres
Property subtype
Office, Retail, Service
Lease Term
+ NNN
Building Details
Building Size
50,000 SF
Properties For Sale
at 3065 William Contact usSuite 109
Size
4,273 SF
Type
Office Building
Term
Negotiable
Suite 202
Size
775 SF
Type
Office Building
Term
Negotiable
Suite 305
Size
976 SF
Type
Office Building
Term
Negotiable
Suite 310
Size
1,009 SF
Type
Office Building
Term
Negotiable
Listing Agency:
Lorimont L.C.
Listed By:
Tom Kelsey · License #2018017771
(573) 334-5200
Source:
Lorimont
Added: Mar 5
Changed: Oct 21
Last Checked: Oct 20 at 5:30PM
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 property at 3065 William, Cape Girardeau, MO 63703, offers a leasing opportunity in a quality-constructed building. Its location just off I-55 provides high traffic and excellent visibility. Situated adjacent to West Park Mall, it offers convenience and accessibility. The location is near restaurants, the mall, and other retail establishments, making it suitable for establishing or expanding a business.
Key Highlights
- Prime location directly off I‑55, providing exceptional accessibility.
- High traffic and excellent visibility, maximizing business exposure.
- Adjacent to West Park Mall, offering convenience and attracting customers.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$461,081
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,221,620
$9.2M
Cap Rate 7%
$6,586,871
$6.6M
Cap Rate 9%
$5,123,122
$5.1M
Market Conditions
NOI Build-Up for 50,000 SF
Gross rent
$702.0K $14.04/SF
− Vacancy
−$43.3K −$0.87/SF
EGI
$658.7K $13.17/SF
− OpEx
−$197.6K −$3.95/SF
NOI
$461.1K $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%
$9,221,620
Cap Rate 7%
$6,586,871
Cap Rate 9%
$5,123,122
Alternative Uses
Best Use
Retail
$6.59M
$5.76M – $7.68M
NOI $461,081 @ 7.0% cap · market cap 38,778.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$15.77M
$13.80M – $18.40M
NOI $1,104,180 @ 7.0% cap · market cap 92,866.27%
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
1,872
Businesses Nearby
877k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 49%
Apparel 16%
Superstores 11%
Shops & Services 11%
Target
Superstores
95,301 visits/mo
0.4 miles
T.J. Maxx
Apparel
66,995 visits/mo
0.3 miles
Chick-fil-A
Dining
63,268 visits/mo
0.2 miles
Rural King
Home Improvements & Furnishings
47,104 visits/mo
0.4 miles
JCPenney
Apparel
36,561 visits/mo
0.1 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
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Prime location near I-55 and West Park Mall.
Where is this retail space located?
The property is located at 3065 William Cape Girardeau, MO.
What are key features of this property?
This property features: Prime location directly off I‑55, providing exceptional accessibility.; High traffic and excellent visibility, maximizing business exposure.; Adjacent to West Park Mall, offering convenience and attracting customers.
