Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2680 E Starke Ave Columbia, MO 65202

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Commercial land with high traffic and development potential.

    Type:Land
    Added:
    Jan 27, 2022
    Days on Market:
    1559
    Last Refresh:
    Mar 17 at 1:23 pm

    Property Features for 2680 E Starke Ave

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    John John

    Listing agent John John License #MO 1999055483

    Listing office Boulevard Realty LLC

    Listing date Jan 27, 2022

    Source Crexi

    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 Boulevard Realty LLC

    Overview

    Commercial Land with High Visibility

    This development tract features commercial zoning and excellent visibility from US-63, which sees an average annual daily traffic count of 24,000 vehicles. The property offers easy access via the Oakland Gravel Road exit from US-63. It is located across from the Boone County Fair Grounds. Water and electricity are available on Starke Avenue, and a trunk sewer line runs through the property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Building Supply Spa & Massage Center Auto Repair Shop Hotel & Motel Pharmacy Gym & Fitness Center Department Store Kitchen & Bath Showroom

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Boone
    State
    Missouri
    Longitude
    -92.2982891
    Latitude
    38.9991323

    Nearby Similar for Sale

    • $872,071

      Commercial Land in High Visibility Area

      Commercial land with high visibility and convenient access to roadways.
      TARKIO Court lot: 6, Columbia, MO 65202
      View Details
    • $910,404

      Commercial Land Near I-70

      Commercial land in high-visibility area near I-70 and Hwy 63.
      TARKIO Court lot: 2, Columbia, MO 65202
      View Details
    • $862,488

      Commercial Land Near I-70

      Commercial land in high-visibility area near I-70 and Hwy 63.
      TARKIO Court lot: 3, Columbia, MO 65202
      View Details
    • $900,821

      Commercial Land in Columbia, MO

      Prime mixed-use commercial development land with high visibility.
      TARKIO Court lot: 1, Columbia, MO 65202
      View Details
    • $1,006,236

      Commercial Land at I-70

      1.05 acre commercial land near I-70 in Columbia, MO.
      TARKIO Court lot: 5, Columbia, MO 65202
      View Details
    • $650,000

      Versatile Land Near Columbia, MO

      40-acre property with commercial potential and recreational amenities near Columbia.
      9830 INTERSTATE 70 DR SE, Columbia, MO 65201
      View Details
    • Contact for pricing
      5,577 SF

      Freestanding Restaurant on Large Parcel

      Single-tenant Hooters on 1.5 acres in Columbia, Missouri.
      1101 Woodland Springs Ct, Columbia, MO 65202
      View Details
    • Contact for pricing
      20,000 SF

      Retail Space Near Home Depot

      20,000 SF retail space adjacent to The Home Depot.
      3215 Clark Ln., Columbia, MO 65202
      View Details
    • $2,090,000
      5,577 SF

      Freestanding Restaurant Building on 1.5 Acres

      Single-tenant Hooters on 1.5 acres in Columbia, Missouri.
      1101 Woodland Springs Ct, Columbia, MO 65202
      View Details
    • Contact for pricing
      20,000 SF

      Retail Space Near Major Retailers

      20,000 SF retail space near signalized intersection.
      3215 Clark Ln., Columbia, MO 65202
      View Details
    • $36,850

      Residential Land in Columbia, MO

      Affordable building lot in a desirable Columbia location.
      L22 Lookout Peak Dr, Columbia, MO 65202
      View Details
    • $36,850

      Residential Land in Columbia, MO

      Affordable lot in a great location, ready to build.
      L23 Lookout Peak Dr, Columbia, MO 65202
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land with high traffic and development potential.
    Where is this commercial land located?
    The property is located at 2680 E Starke Ave Columbia, MO.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: Commercial zoning in place; Excellent visibility from US‑63 (24,000 AADT); Easy access at Oakland Gravel Road Exit from US 63
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    John John
    Real Estate License ID: MO 1999055483
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2680 E Starke Ave, Columbia, MO 65202
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!