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5230 E Route, Columbia, MO, 65202
Gas Station and Convenience Store

5230 E Route Columbia, MO 65202

For Sale
Contact for pricing

Former gas station and convenience store with an attached one-bedroom unit and additional rented structures.

Property Size1,640 SF
Price / SF$182.87
Days on Market8

Property Features for 5230 E Route

General Information

Standard status Active
Size 1,640 SF
Property subtype Retail
Listing Agency: The Heartland
Listed By: Norma Hooton · License #MO 2000156716
Source: Crexi
Added: Jul 23 Changed: Jul 28 Last Checked: Jul 29 at 11:54AM

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 The Heartland

Investment Insights

Based on property information with market context.

This property was previously a gas station and convenience store and includes an attached living layout with one bedroom and one nonconforming bedroom, a living room, and a large eat-in kitchen. In addition, there is a large 60' x 40' butler-style building that is currently rented on a month-to-month basis. A three-car detached garage (36' x 26') is also included.

The property is listed for sale and is located at 5230 E Route, Columbia, MO 65202.

The existing improvements include the attached residential portion, the leased butler-style building, and the detached garage, providing multiple structures under single ownership.

Key Highlights

  • Previously operated as a gas station and convenience store
  • Attached living area includes a one‑bedroom plus one nonconforming bedroom, living room, and large eat‑in kitchen
  • Includes a large 60' x 40' butler‑style building rented on a month‑to‑month basis

Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $22.0k $13.44
− Vacancy −$1.1k −$0.67
EGI $20.9k $12.77
− OpEx −$6.3k −$3.83
NOI $14.7k $8.94
1,640 SF · lease $13.44/SF/yr · vacancy 5.00% · expense 30.00%

Alternative Uses

Best Use
Industrial
$209.4K
$183.2K – $244.3K (±1% cap)
NOI $14,658 @ 7.0% cap · market cap 4.89%
Second Best
Specialty Retail
$95.4K
$83.5K – $111.3K (±1% cap)
NOI $6,680 @ 7.0% cap · market cap 2.23%
Theoretical Best
Warehouse
$254.3K
$222.5K – $296.7K (±1% cap)
NOI $17,799 @ 7.0% cap · market cap 5.93%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Location Intelligence

Current Use

Gas stations

Suggested Use

Top Pick Carpet & Flooring Store Computer & Electronic Repair

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Gas station - Former gas station and convenience store with an attached one-bedroom unit and additional rented structures.
Where is this gas station located?
The property is located at 5230 E Route Columbia, MO.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Previously operated as a gas station and convenience store; Attached living area includes a one‑bedroom plus one nonconforming bedroom, living room, and large eat‑in kitchen; Includes a large 60' x 40' butler‑style building rented on a month‑to‑month basis
More about this property
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