Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3049 William St Cape Girardeau, MO 63703

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Highly desirable commercial lots, various sizes.

    Property size:
    1,002 SF

    Property Features for 3049 William St

    General Information

    Property type
    Land
    Square Feet
    1,002 SF
    Lot Size
    36,155 SF

    We can help!

    Listing Contact
    Adam Walz
    Adam Walz

    Listing Agency: Pace Properties Listing Agent: Adam Walz

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional offering presents a rare opportunity to acquire prime commercial land in the thriving city of Cape Girardeau, Missouri. Located at 3049 William St, this property encompasses multiple lots ranging in size from 0.83 to 1.56 acres, providing flexibility for a variety of development projects. The total buildable square footage potential spans a significant range, from 1,002 to 24,221 square feet, catering to diverse commercial needs. Situated in Cape Girardeau County, with a convenient 63703 zip code, this location offers excellent accessibility and visibility. The property is designated as commercial land, ideal for businesses seeking a strategic location within a dynamic market. The latitude and longitude coordinates are 37.2987625 and -89.5689217 respectively, allowing for precise location identification and mapping. This is a remarkable chance to secure a substantial parcel of land in a rapidly growing area, presenting significant potential for long-term investment and development. The property is currently listed for sale and offers a unique opportunity for businesses seeking to establish a strong presence in Cape Girardeau. The flexible lot sizes and substantial buildable square footage make this an attractive proposition for a wide range of commercial ventures. Don't miss this chance to acquire this valuable commercial land.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Maurices Clothing & Fashion Store American Eagle Store Clothing Store Ochs Rent A Car ... Car Rental Facility Champs Sports Clothing & Fashion Store Safari Gift Shop (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cape Girardeau
    County
    Cape Girardeau
    State
    Missouri
    Longitude
    -89.5689217
    Latitude
    37.2987625

    Nearby Similar for Sale

    • $400,000
      Pending

      Versatile Riverfront Commercial Property

      Prime riverfront property suitable for office, restaurant, warehouse, or mixed-use.
      450 N Main St, Cape Girardeau, MO 63701
      View Details
    • $900,000
      7,396 SF

      Versatile Commercial Space in Missouri

      7,396 SF commercial building with banquet, dining, and bar areas.
      20 N Spanish St, Cape Girardeau, MO 63701
      View Details
    • $295,000
      2,920 SF

      Versatile Commercial Property For Sale

      High-visibility commercial property with flexible layout and spacious attached warehouse.
      225 Clark Ave, Cape Girardeau, MO 63701
      View Details
    • $825,000
      Pending

      Cape Girardeau Commercial Property

      Well-maintained commercial property with over 7,000 square feet.
      340 S Broadview St, Cape Girardeau, MO 63703
      View Details
    • $225,000
      0.57 Acres

      Versatile Commercial Building in Cape

      Adaptable 1800 sq ft commercial building in thriving Cape Girardeau.
      2357 Rust Ave, Cape Girardeau, MO 63703
      View Details
    • New
      $749,900
      5,611 SF

      All Brick Ranch Duplex

      Duplex in Baldwin Place Subdivision with walkout basement and fenced yard.
      119-121 Summerfield Way, Cape Girardeau, MO 63701
      View Details
    • New
      $489,900
      7,282 SF

      Cape Girardeau Mixed-Use Investment

      Leased commercial spaces with residential unit for income growth.
      1606 Independence St, Cape Girardeau, MO 63703
      View Details
    • $334,900
      Pending

      Cape Girardeau Duplex For Sale

      Well-maintained duplex in a serene, wooded area near Cape Girardeau.
      164/168 Waller Ln, Cape Girardeau, MO 63701
      View Details
    • $500,000
      4,548 SF

      Renovated Downtown Commercial Property

      Versatile 11-bedroom property in downtown Cape Girardeau.
      224 N Frederick St, Cape Girardeau, MO 63701
      View Details
    • $500,000
      7,140 SF

      Leased Office Building For Sale

      Two-story office building with 21 units and parking.
      2711 Thomas Dr, Cape Girardeau, MO 63701
      View Details
    • $239,900
      2,937 SF

      Renovated Commercial Space in Cape Girardeau

      Renovated commercial space with high potential in a prime location.
      230 N Sprigg St, Cape Girardeau, MO 63701
      View Details
    • New
      $249,900
      2,016 SF

      Cape Girardeau Duplex on Corner Lot

      All-brick duplex with basements and new windows, close to downtown.
      3-5 N Henderson Ave, Cape Girardeau, MO 63701
      View Details

    FAQs

    What type of property is this?
    Land - Highly desirable commercial lots, various sizes.
    Where is this land located?
    The property is located at 3049 William St Cape Girardeau, MO.
    What are key features of this property?
    This property features: Commercial land for sale in Cape Girardeau, MO.; Lots range from 0.83 to 1.56 acres.; Building sizes available from 1,002 to 24,221 square feet.
    (314) 968-9898 Call to check price and availability
    Request Owner's contact information
    3049 William St Cape Girardeau, MO 63703
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3049 William St
    Cape Girardeau, MO 63703
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3049 William St Cape Girardeau, MO 63703
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Adam Walz
    Adam Walz
    (314) 968-9898
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!