Prime Commercial Space on Mount
For Sale
Contact for pricing
326 S Mount Auburn, Cape Girardeau, MO 63703
Versatile commercial space with parking and high visibility.
Property Size6,552 SF
Price / SF$1.05
Days on Market232
Property Features for 326 S Mount Auburn
General Information
Standard status
Active
Size
6,552 SF
Class
A
Property subtype
Office/Retail/Service Spaces
Lease Term
+ NNN
Building Details
Building Size
6,552 SF
Properties For Sale
at 326 S Mount Auburn
Suite 101
Size
1,620 SF
Type
Office Building
Term
Negotiable
Listing Agency:
Lorimont L.C.
Listed By:
Tom Kelsey · License #2018017771
(573) 334-5200
Source:
Lorimont
Added: Mar 6
Changed: Oct 21
Last Checked: Oct 24 at 1:44PM
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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Investment Insights
Based on property information with market context.
This commercial space features ground-level accessibility and a spacious off-street parking lot. A prominent monument sign on Mount Auburn provides unparalleled visibility. The space, ranging from 1,500 to 1,660 square feet, is suitable for various uses, including retail, service provision, or professional office purposes. Located in a high-traffic area, the property offers maximum exposure. It features both public and private entrances. The space can be finished to tenant specifications.
Key Highlights
- High‑traffic location on Mount Auburn ensures maximum business exposure.
- Spacious off‑street parking lot provides convenient access for customers and employees.
- Prominent monument sign on Mount Auburn offers unparalleled visibility.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,308
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,160
$306.2K
Cap Rate 7%
$218,686
$218.7K
Cap Rate 9%
$170,089
$170.1K
Market Conditions
NOI Build-Up for 1,660 SF
Gross rent
$23.3K $14.04/SF
− Vacancy
−$1.4K −$0.87/SF
EGI
$21.9K $13.17/SF
− OpEx
−$6.6K −$3.95/SF
NOI
$15.3K $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%
$306,160
Cap Rate 7%
$218,686
Cap Rate 9%
$170,089
Alternative Uses
Best Use
Office B
$325.1K
$284.5K – $379.3K
NOI $22,756 @ 7.0% cap · market cap 1,300.34%
Second Best
Retail
$218.7K
$191.4K – $255.1K
NOI $15,308 @ 7.0% cap · market cap 874.74%
Theoretical Best
Office A
$523.7K
$458.2K – $611.0K
NOI $36,659 @ 7.0% cap · market cap 2,094.80%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,263
Businesses Nearby
Explore this area
Business Placement
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 Office in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Versatile commercial space with parking and high visibility.
Where is this retail space located?
The property is located at 326 S Mount Auburn Cape Girardeau, MO.
What are key features of this property?
This property features: High‑traffic location on Mount Auburn ensures maximum business exposure.; Spacious off‑street parking lot provides convenient access for customers and employees.; Prominent monument sign on Mount Auburn offers unparalleled visibility.
