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    Hwy 63 & Grindstone Pkwy Columbia, MO 65201

    Sponsored
    For Lease
    $17 SF/Yr

    High-traffic Columbia, MO retail opportunity.

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, situated on the southwest corner of Highway 63 and Grindstone Parkway in South Columbia, Missouri, presents a prime retail or office opportunity. The 0.85 to 12.5-acre lot boasts unparalleled visibility and accessibility from two major thoroughfares, ensuring high traffic counts and exposure to a strong demographic. Zoned M-C, this single-tenant property is ideal for businesses seeking a prominent location with significant foot and vehicle traffic. The address is Highway 63 & Grindstone Pkwy, Columbia, MO 65201, in Boone County. Its location in South Columbia offers easy access for customers and employees. The property's size allows for flexibility in development and design, catering to a variety of business needs. This is a rare chance to secure a highly visible and strategically located commercial site in a thriving area of Columbia. The property's location at the intersection of two busy roads guarantees excellent visibility and accessibility, making it an attractive option for businesses seeking high traffic volume. The zoning designation allows for a range of commercial uses, providing flexibility for potential buyers or tenants. This presents a unique opportunity to establish a successful business in a high-demand area.

    Property Features for 0 Hwy 63 & Grindstone Pkwy

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Unit(s) available at that property

    Space
    Highway 63 & Grindstone Pkwy
    Size
    1 SF
    Rate per SF
    $26

    HighLights

    • 1‑Acre site available for lease at $90,000 annually.
    • Office space available for lease at $17 per square foot, NNN.
    • Retail space available for lease at $20-$26 per square foot, NNN.
    • High visibility and accessibility from Grindstone Parkway and Highway 63.
    • Highway 63 boasts an ADT of 48,567 vehicles.
    • Grindstone Parkway has an ADT of 33,585 vehicles.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Columbia
    County
    Boone
    State
    Missouri
    Longitude
    -92.332541
    Latitude
    38.951674

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    FAQs

    What type of property is this?
    Office Property / Space - High-traffic Columbia, MO retail opportunity.
    Where is this office property / space located?
    The property is located at Hwy 63 & Grindstone Pkwy Columbia, MO.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: 1-Acre site available for lease at $90,000 annually.; Office space available for lease at $17 per square foot, NNN.; Retail space available for lease at $20-$26 per square foot, NNN.
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    Hwy 63 & Grindstone Pkwy Columbia, MO 65201
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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
    Hwy 63 & Grindstone Pkwy Columbia, MO 65201
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