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    Providence Rd Columbia, MO 65203

    Sponsored
    For Sale
    Contact for pricing

    Prime South Columbia commercial lot, high traffic, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.81-acre commercial land parcel presents a unique investment opportunity in a highly desirable South Columbia location. Situated at the signalized intersection of East SouthHampton Drive and South Providence Road, this property boasts exceptional visibility and accessibility. The site is directly across from the corporate headquarters of Veterans United Home Loans, a significant employer with over 300,000 square feet of office space and 1,400+ employees. Its proximity to University of Missouri Healthcare (an 85,512 square foot facility with approximately 250 employees) and Rock Bridge High School (enrollment 1,971 students) further enhances its appeal. The property is zoned M-C, allowing for a variety of commercial development options. The average daily traffic count of 30,618 vehicles ensures high exposure for any business established here. Adding to its desirability, a planned development of over 350 high-end Class A multifamily units is underway on an adjacent tract, promising increased foot traffic and a thriving surrounding community. This prime location offers unparalleled potential for developers seeking a high-impact commercial project in a rapidly growing area of Columbia, Missouri. The property's size and strategic placement make it an exceptional opportunity for significant return on investment.

    Property Features for 0 Providence Rd

    General Information

    Property type
    Land
    Lot Size
    78,844 SF

    HighLights

    • Multiple pad sites available in highly desirable South Columbia location.
    • Signalized intersection of Providence & Southampton Roads.
    • Across from Veterans United Home Loans headquarters (300,000+ SF, 1,400+ employees), near University of Missouri Healthcare (85,512 SF, ~250 employees), and Rock Bridge High School (1,971 students); adjacent to planned 350+ unit Class A multifamily development.
    • Average daily traffic count: 30,618 vehicles.
    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 - Prime South Columbia commercial lot, high traffic, ideal for development.
    Where is this land located?
    The property is located at Providence Rd Columbia, MO.
    What are key features of this property?
    This property features: Multiple pad sites available in highly desirable South Columbia location.; Signalized intersection of Providence & Southampton Roads.; Across from Veterans United Home Loans headquarters (300,000+ SF, 1,400+ employees), near University of Missouri Healthcare (85,512 SF, ~250 employees), and Rock Bridge High School (1,971 students); adjacent to planned 350+ unit Class A multifamily development.
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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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