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

    3049 William St Cape Girardeau, MO 63703

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Missouri medical office suites for lease

    Lot size:
    79,122 SF

    Property Features for 3049 William St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    79,122 SF

    Spaces For Lease

    at 3049 William St, Cape Girardeau, MO 63703 Contact us

    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

    West Park Mall, located at 3049 William St, Cape Girardeau, MO 63703, offers exceptional medical office space for lease. This multi-tenant property boasts a total of 79,122 square feet, with a significant amount currently available. Individual suites range from a minimum of 1,002 square feet to a maximum contiguous space of 24,221 square feet, providing flexibility for practices of various sizes. A total of 22 spaces are currently available for lease. The property is classified as both retail and office space, with a primary focus on medical office use. Situated on a lot ranging from 0.83 to 1.56 acres in Cape Girardeau County, this location offers convenient access and ample parking. The property's versatile layout and substantial available square footage (91,122 square feet vacant) present a unique opportunity for medical professionals seeking to establish or expand their practice in a thriving Missouri community. The property's prime location and ample space make it an ideal choice for a variety of medical specialties. Inquire today to learn more about leasing opportunities at West Park Mall.
    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 Lease

    • $5,500 /Mo
      Pending

      Cape Girardeau Office Space Available

      Well-maintained commercial property with ample space in a convenient location.
      340 S Broadview St, Cape Girardeau, MO 63703
      View Details
    • $5,641 /Mo
      6,770 SF

      Office Suite in Cape Girardeau

      Office suite with high visibility and traffic in Cape Girardeau.
      450 Siemers Dr, Cape Girardeau, MO 63701
      View Details
    • $2,500 /Mo
      2,937 SF

      Renovated Commercial Space For Lease

      Renovated commercial space with high visibility in a prime location.
      230 N Sprigg St, Cape Girardeau, MO 63701
      View Details
    • Contact for pricing
      7,908 SF

      Retail Space Near West Park

      Retail space in regional shopping hub with easy Interstate access.
      3047 William St, Cape Girardeau, MO 63703
      View Details
    • Contact for pricing
      4,970 SF

      Retail Space Near West Park

      Retail space in regional shopping hub with high visibility.
      3036-3048 William St, Cape Girardeau, MO 63703
      View Details
    • Contact for pricing
      1,595 SF

      Retail Space Near West Park

      Retail space available in regional shopping hub near West Park.
      240-250 S Silver Springs Rd, Cape Girardeau, MO 63703
      View Details
    • Contact for pricing
      10,800 SF

      Retail Space Near Interstate 55

      Retail space in regional shopping hub with interstate access.
      258 Siemers Dr, Cape Girardeau, MO 63701
      View Details
    • Contact for pricing
      9,400 SF

      Regional Shopping Center Near I-55

      Regional shopping center with easy access to Interstate 55.
      155-157 Siemers Dr, Cape Girardeau, MO 63701
      View Details
    • Contact for pricing
      3,154 SF

      Retail Space Near St. Francis

      Retail space available across from St. Francis Medical Center.
      3049 Williams St, Cape Girardeau, MO
      View Details
    • Contact for pricing
      23,464 SF

      West Park Strip Center Retail Space

      High-traffic retail center; two spaces available.
      250 Silver Springs Rd, Cape Girardeau, MO 63703
      View Details
    • Contact for pricing
      46,692 SF

      Lambert Plaza Retail Space

      Cape Girardeau, MO Retail Opportunity
      155 Siemers Dr, Cape Girardeau, MO 63701
      View Details
    • $36 SF/Yr
      8,200 SF

      HubCo Coworking Office Space

      Modern Cape Girardeau Office Suites
      1427 Thomas Dr, Cape Girardeau, MO 63701
      View Details

    FAQs

    What type of property is this?
    Medical office - Missouri medical office suites for lease
    Where is this medical office located?
    The property is located at 3049 William St Cape Girardeau, MO.
    What are key features of this property?
    This property features: West Park Mall, 3049 William St, Cape Girardeau, MO, offers 79,122 SF of medical office space for lease; 22 suites available, ranging from 1,002 SF to 24,221 SF contiguous.; Located directly across from St. Francis Medical Center.; High visibility and accessibility from William Street (21,647 VPD).
    (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!