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    Providence Rd Columbia, MO 65203

    For Sale
    Contact for pricing

    1.13 Acres, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.13-acre commercial lot is situated in South Columbia, Missouri, at the signalized intersection of East SouthHampton Drive and South Providence Road. Boasting an enviable location, this property benefits from its proximity to major employers, including the corporate headquarters of Veterans United Home Loans (over 300,000 square feet and 1,400+ employees), and is directly across from University of Missouri Healthcare (85,512 square feet and approximately 250 employees) and Rock Bridge High School (enrollment 1,971 students). The high visibility and accessibility are further enhanced by an average daily traffic count of 30,618 vehicles. The property is zoned M-C, offering flexibility for various commercial developments. This site presents multiple pad site opportunities. A significant advantage is the planned development of over 350 units of high-end Class A multifamily housing on an adjacent tract, promising increased foot traffic and a thriving surrounding community. This location offers unparalleled potential for businesses seeking high visibility and a strong demographic base. The property's strategic placement ensures maximum exposure and accessibility, making it an ideal investment opportunity.

    Property Features for 0 Providence Rd

    General Information

    Property type
    Land
    Lot Size
    49,223 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Columbia
    County
    Boone
    State
    Missouri
    Longitude
    -92.3351958
    Latitude
    38.8996035

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    FAQs

    What type of property is this?
    Land - 1.13 Acres, High-Traffic Location
    Where is this land located?
    The property is located at Providence Rd Columbia, MO.
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    Columbia, MO 65203
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    Realmo Value Estimation

    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.

    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.

    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
    Providence Rd Columbia, MO 65203
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