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    3200 Clark Ln Columbia, MO 65202

    For Sale
    $750,000

    Prime retail center, high traffic area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional investment opportunity presents a 3,992 square foot retail building situated on a 0.86-acre lot in Columbia, Missouri. Located at 3200 Clark Lane, this single-tenant shopping center benefits from a highly visible location off Interstate 70, a major transportation artery. The property enjoys excellent visibility and accessibility, with pylon signage enhancing its prominence. The strategic location within a regional shopping hub in central Missouri ensures consistent traffic and strong retail and food sales potential. The property is situated in a high-traffic area, with Clark Lane boasting 22,889 vehicles per day (VPD), the I-70 Connector seeing 37,785 VPD, and I-70 itself recording 52,065 VPD. This translates to significant exposure for any business operating within the center. The asking price for this property is $750,000. It's important to note that the property operates under a ground lease. This well-positioned shopping center represents a compelling investment opportunity for those seeking a strong return in a thriving retail market. The property's size, location, and high traffic counts make it an ideal investment for both seasoned investors and those new to the commercial real estate market. The property is zoned for retail use and is ready for immediate occupancy.

    Property Features for 3200 Clark Ln

    General Information

    Property type
    Lifestyle centers
    Lot Size
    37,462 SF

    HighLights

    • 3,992 SF retail building on a 0.86‑acre lot.
    • Located in a central Missouri regional shopping hub with strong retail/food sales potential.
    • High‑visibility location with pylon signage off Interstate 70.
    • High traffic counts: Clark Lane (22,889 VPD), I‑70 Connector (37,785 VPD), I‑70 (52,065 VPD).
    • $750,000 asking price; ground lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    LL Flooring Flooring Store

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Boone
    State
    Missouri
    Longitude
    -92.2903202
    Latitude
    38.9632876

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    FAQs

    What type of property is this?
    Lifestyle center - Prime retail center, high traffic area.
    Where is this lifestyle center located?
    The property is located at 3200 Clark Ln Columbia, MO.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: 3,992 SF retail building on a 0.86-acre lot.; Located in a central Missouri regional shopping hub with strong retail/food sales potential.; High-visibility location with pylon signage off Interstate 70.
    Request Owner's contact information
    3200 Clark Ln Columbia, MO 65202
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    Columbia, MO 65202
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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
    3200 Clark Ln Columbia, MO 65202
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