Columbia Commercial Property For
For Sale
Contact for pricing
901 Safari & 904-906 Rain Forest Pkwy, Columbia, MO 65202
Commercial property available for sale in Columbia, Missouri.
Property Size16,440 SF
Price / SF$130.78
Days on Market988
Property Features for 901 Safari & 904-906 Rain Forest Pkwy
General Information
Standard status
Active
Size
16,440 SF
Class
A
Property subtype
Retail, Office
Zoning
IG
Occupancy
100%
Lease Type
Gross
Investment Type
Stabilized
Building Details
Buildings
3
Tenancy
Multi
Listing Agency:
Plaza Commercial Realty
Listed By:
Mike Grellner · License #2002031391
(573) 445-1020
Source:
Crexi
Added: Feb 10, 2024
Changed: Oct 18
Last Checked: Oct 24 at 5:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Plaza Commercial Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial property for sale in Columbia, Missouri, encompasses 16,440 square feet. The property is suitable for retail and office use, including other retail and office property types.
Key Highlights
- No property information was provided to analyze.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,495
Cap Rate
2.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,249,900
$1.2M
Cap Rate 7%
$892,786
$892.8K
Cap Rate 9%
$694,389
$694.4K
Market Conditions
NOI Build-Up for 16,440 SF
Gross rent
$90.7K $5.52/SF
− Vacancy
−$1.5K −$0.09/SF
EGI
$89.3K $5.43/SF
− OpEx
−$26.8K −$1.63/SF
NOI
$62.5K $3.80/SF
Area
Columbia, MO
Vacancy
1.62%
Lease Rate
$5.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,249,900
Cap Rate 7%
$892,786
Cap Rate 9%
$694,389
Alternative Uses
Best Use
Retail
$892.8K
$781.2K – $1.04M
NOI $62,495 @ 7.0% cap · market cap 2.91%
Second Best
Office B
$454.9K
$398.0K – $530.7K
NOI $31,843 @ 7.0% cap · market cap 1.48%
Theoretical Best
Warehouse
$2.55M
$2.23M – $2.97M
NOI $178,420 @ 7.0% cap · market cap 8.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
171
Businesses Nearby
Explore this area
Business Placement
Demographics for 65202, MO
48,239
Population
20,342
Households
2.4
Avg Household Size
35
Median Age
40%
College-Educated
93%
High-School Grad
141.3 sq mi
ZIP Area
341
Density / Sq Mi
$69,740
Median Household Income
$42,020
Median Earnings
$1,091
Median Rent
$202,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Retail property - Commercial property available for sale in Columbia, Missouri.
Where is this retail property located?
The property is located at 901 Safari & 904-906 Rain Forest Pkwy Columbia, MO.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: No property information was provided to analyze.
