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    Providence Rd Columbia, MO 65203

    For Sale
    Contact for pricing

    1.96 Acres, Prime Location, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 1.96-acre commercial land parcel presents a unique investment opportunity in the highly sought-after South Columbia area of Boone County, Missouri. Located at the signalized intersection of East SouthHampton Drive and South Providence Road, this M-C zoned property boasts unparalleled visibility and accessibility. The site is situated directly across from the corporate headquarters of Veterans United Home Loans, a substantial facility encompassing over 300,000 square feet and employing more than 1,400 people. Its proximity to the University of Missouri Healthcare (an 85,512 square foot facility with approximately 250 employees) and Rock Bridge High School (with an enrollment of 1,971 students) further enhances its desirability. The property benefits from an average daily traffic count of 30,618 vehicles, ensuring significant exposure for any development. Adding to its appeal, a developer is planning to construct over 700 units of high-end Class A multifamily housing on an adjacent tract, promising increased foot traffic and a thriving surrounding community. This prime location offers multiple pad site opportunities, making it ideal for a variety of commercial ventures. The zip code is 65203.

    Property Features for 0 Providence Rd

    General Information

    Property type
    Land
    Lot Size
    85,378 SF

    HighLights

    • 1.96‑acre commercial land parcel in highly desirable South Columbia, MO.
    • Located at the signalized intersection of Providence and Southampton Roads.
    • High visibility site adjacent to Veterans United Home Loans headquarters (300,000+ sq ft, 1,400+ employees), University of Missouri Healthcare (85,512 sq ft, ~250 employees), and Rock Bridge High School (1,971 students).
    • Average daily traffic count of 30,618 vehicles.
    • Adjacent to a planned 700‑unit Class A multifamily development.
    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 - 1.96 Acres, Prime Location, High Traffic
    Where is this land located?
    The property is located at Providence Rd Columbia, MO.
    What are key features of this property?
    This property features: 1.96-acre commercial land parcel in highly desirable South Columbia, MO.; Located at the signalized intersection of Providence and Southampton Roads.; High visibility site adjacent to Veterans United Home Loans headquarters (300,000+ sq ft, 1,400+ employees), University of Missouri Healthcare (85,512 sq ft, ~250 employees), and Rock Bridge High School (1,971 students).
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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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