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Flexible Industrial Space
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500 William St, Cape Girardeau, MO 63703

Industrial-zoned space offers commercial-grade electrical service, heavy-duty concrete flooring, and dock access.

Property Size29,752 SF
Price / SF$0.00
Days on Market3

Property Features for 500 William St

General Information

Standard status Active
Size 29,752 SF
Property subtype Industrial
Lease Term Full Service

Additional Details

Utilities to Site Yes

Amenities

Commercial-grade electrical service
Heavy-duty concrete floors
Shared loading dock access
Dedicated dock door access

Building Details

Building Size 29,752 SF

Properties For Sale

at 500 William St Contact us

500 William Suite A

Size 2,093 SF
Type Warehouse/Distribution
Term Negotiable
Contact us

500 William Suite B

Size 3,311 SF
Type Manufacturing
Term Negotiable
Contact us

500 William Suite C

Size 2,483 SF
Type Flex Space
Term Negotiable
Contact us

500 William Suite D

Size 3,105 SF
Type Flex Space
Term Negotiable
Contact us

500 William Suites A-D

Size 10,992 SF
Type Flex Space
Term Negotiable
Contact us
Listed By: Matt Huber · License #MO #2023031239
Source: Lorimont
Added: Oct 30 Last Checked: Nov 1 at 4:54AM

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

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Investment Insights

Based on property information with market context.

This flex property provides approximately 11,000 SF of industrial area, divisible into four suites of approximately 2,000 SF to 3,300 SF each. The building has heavy-duty concrete floors suited to industrial equipment and commercial-grade electrical service. Tenants have access to a shared loading dock, with dedicated dock door access also noted.

The facility is located in Cape Girardeau, Missouri, at 500 William St. Its industrial zoning and range of suite sizes accommodate leasing an individual space or the full building.

Key Highlights

  • Approximately 11,000 SF of industrial space, available as a whole or in separate suites
  • Four suites ranging from approximately 2,000 SF to 3,300 SF
  • Industrial zoning and commercial‑grade electrical service

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$59,202
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,184,040 $1.2M
Cap Rate 7%
$845,743 $845.7K
Cap Rate 9%
$657,800 $657.8K
Market Conditions
NOI Build-Up for 11,000 SF
Gross rent
$99.0K $9.00/SF
− Vacancy
−$7.9K −$0.72/SF
EGI
$91.1K $8.28/SF
− OpEx
−$31.9K −$2.90/SF
NOI
$59.2K $5.38/SF
Area
Cape Girardeau County, MO
Vacancy
8.00%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,184,040
Cap Rate 7%
$845,743
Cap Rate 9%
$657,800

Alternative Uses

Best Use
Industrial
$1.02M
$896.3K – $1.20M (±1% cap)
NOI $71,707 @ 7.0% cap · market cap 843,611.76%
Second Best
Flex RnD
$845.7K
$740.0K – $986.7K (±1% cap)
NOI $59,202 @ 7.0% cap · market cap 696,494.12%
Theoretical Best
Office A
$3.47M
$3.04M – $4.05M (±1% cap)
NOI $242,920 @ 7.0% cap · market cap 2,857,882.35%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Dental Office Building Supply Big Box & Wholesale Store Pharmacy Auto Parts Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,047
Businesses Nearby
Balanced
Demand for This Use

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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Similar Off Market Nearby

  • The Munchbox — 632 Broadway St, Cape Girardeau, MO 63701
  • Chartwells — 1 University Plaza # 257, Cape Girardeau, MO 63701

Frequently Asked Questions

What type of property is this?
Flex space - Industrial-zoned space offers commercial-grade electrical service, heavy-duty concrete flooring, and dock access.
Where is this flex space located?
The property is located at 500 William St Cape Girardeau, MO.
What are key features of this property?
This property features: Approximately 11,000 SF of industrial space, available as a whole or in separate suites; Four suites ranging from approximately 2,000 SF to 3,300 SF; Industrial zoning and commercial‑grade electrical service
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Includes: Price & PSF · Cap rate · Location · Zoning

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