Flex Space with
For Sale
$650,000
3082 County Road 620, Cape Girardeau, MO 63701
Commercial Sale, Cape Girardeau, MO
Property Size7,200 SF
Lot Size1.37 Acres
Price / SF$90.28
Days on Market73
Property Features for 3082 County Road 620
General Information
Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Standard status
Active
APN
15-600-00-04-00400-0000
Lot size
1.37 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
2026
Floors in Building
2
Flooring type
Concrete
Building materials
Metal Siding
Listing Agency:
EDGE Realty ERA Powered
(573) 335-8111
Listed By:
Jacob Fish · License #2010013545
(573) 450-3791
Added: Jul 30
Changed: Sep 25
Last Checked: Oct 10 at 12:06AM
MLS# 26035541
Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 7,200-square-foot flex property combines finished commercial space with a substantial shop area and additional framed expansion space. The layout includes approximately 2,400 square feet of finished showroom area, 3,600 square feet dedicated to shop use, and 1,200 square feet upstairs that can be completed for office, storage, or living quarters. Two large garage doors support movement of vehicles, materials, and equipment, while on-site parking serves employees and visitors.
Located at 3082 County Road 620 in Cape Girardeau, the property occupies 1.37 acres. Metal siding, concrete flooring, forced-air heating, and central air are in place. Construction is identified as under construction, with a 2026 year built.
Located at 3082 County Road 620 in Cape Girardeau, the property occupies 1.37 acres. Metal siding, concrete flooring, forced-air heating, and central air are in place. Construction is identified as under construction, with a 2026 year built.
Key Highlights
- 7,200 square feet across showroom, shop, and upstairs expansion areas
- Approximately 2,400 square feet of finished showroom space
- 3,600‑square‑foot shop area for commercial or industrial operations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,896
Cap Rate
8.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,117,920
$1.1M
Cap Rate 7%
$798,514
$798.5K
Cap Rate 9%
$621,067
$621.1K
Market Conditions
NOI Build-Up for 7,200 SF
Gross rent
$71.7K $9.96/SF
− Vacancy
−$6.0K −$0.83/SF
EGI
$65.8K $9.13/SF
− OpEx
−$9.9K −$1.37/SF
NOI
$55.9K $7.76/SF
Area
Cape Girardeau County, MO
Vacancy
8.30%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,117,920
Cap Rate 7%
$798,514
Cap Rate 9%
$621,067
Alternative Uses
Best Use
Retail
$948.5K
$830.0K – $1.11M
NOI $66,396 @ 7.0% cap · market cap 10.21%
Second Best
Warehouse
$798.5K
$698.7K – $931.6K
NOI $55,896 @ 7.0% cap · market cap 8.60%
Theoretical Best
Office A
$2.27M
$1.99M – $2.65M
NOI $159,002 @ 7.0% cap · market cap 24.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Drive-in doors
Location Intelligence
Trade Area within ½ mile
60
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
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Similar Off Market Nearby
- Pilot House Restaurant & Catering — 3532 Perryville Rd, Cape Girardeau, MO 63701
Frequently Asked Questions
What type of property is this?
Flex space - Versatile commercial facility combining customer-facing space, industrial work areas, and unfinished expansion capacity.
Where is this flex space located?
The property is located at 3082 County Road 620 Cape Girardeau, MO.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 7,200 square feet across showroom, shop, and upstairs expansion areas; Approximately 2,400 square feet of finished showroom space; 3,600‑square‑foot shop area for commercial or industrial operations
