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    1004 William St Cape Girardeau, MO 63703

    Sponsored
    For Sale
    $259,000

    0.51-Acre Commercial Lot, $259,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.51-acre commercial lot is ideally situated at 1004 William Street in Cape Girardeau, Missouri, zip code 63703. The property's location offers high visibility and traffic counts, making it an attractive investment opportunity. Currently configured as a five-bay self-service carwash, the site presents a turnkey operation with significant potential. The carwash features updated equipment, including new hoses in each bay and a new bill-coin changer. Payment options include quarters, credit, and debit cards, catering to a wide range of customers. The property's size and existing infrastructure provide a solid foundation for continued operation or potential redevelopment. This is a rare opportunity to acquire a well-established commercial property in a thriving Missouri market. The asking price for this exceptional property is $259,000. Detailed site plans and financial information are available upon request. Don't miss this chance to own a piece of Cape Girardeau's commercial landscape. Contact us today to schedule a showing.

    Property Features for 1004 William St

    General Information

    Property type
    Land
    Lot Size
    22,216 SF

    HighLights

    • 0.51‑acre commercial lot at 1004 William Street, Cape Girardeau, MO 63703.
    • High visibility and traffic counts offer strong investment potential.
    • Turnkey five‑bay self‑service carwash with updated equipment.
    • Accepts quarters, credit, and debit cards.
    • Asking price: $259,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    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
    -89.5322705
    Latitude
    37.3018178

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    FAQs

    What type of property is this?
    Land - 0.51-Acre Commercial Lot, $259,000
    Where is this land located?
    The property is located at 1004 William St Cape Girardeau, MO.
    What is the asking price?
    The asking price for this property is $259,000.
    What are key features of this property?
    This property features: 0.51-acre commercial lot at 1004 William Street, Cape Girardeau, MO 63703.; High visibility and traffic counts offer strong investment potential.; Turnkey five-bay self-service carwash with updated equipment.
    (573) 275-1509
    Request Owner's contact information
    1004 William St Cape Girardeau, MO 63703
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    Cape Girardeau, MO 63703
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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
    1004 William St Cape Girardeau, MO 63703
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