Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    Ballenger Ln And Geyser Blvd Columbia, MO 65202

    • Specialty properties
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 0 Ballenger Ln And Geyser Blvd

    Property type
    Specialty properties
    Property subtype
    Land

    Description

    This exceptional 6.21-acre commercial land parcel presents a unique investment opportunity in the thriving city of Columbia, Missouri. Located at the intersection of Ballenger Lane and Geyser Boulevard, this property boasts a prime location within Boone County, offering excellent visibility and accessibility. The zoning (not specified in provided information) allows for a wide range of commercial development possibilities, making it ideal for businesses seeking a strategic location to establish or expand their operations. The asking price for this expansive tract is $2,500,000. Given its size and strategic location, this property represents a significant opportunity for developers and investors seeking a substantial land holding in a rapidly growing area. The property's address is clearly identified as Ballenger Ln and Geyser Blvd, Columbia, MO 65202. Its geographical coordinates are 38.9732722 latitude and -92.2647668 longitude. The property is classified as Special Purpose Land and is currently unimproved, offering a blank canvas for creative development plans. Serious inquiries are encouraged to explore the potential of this remarkable commercial land offering. The absence of existing structures provides flexibility for customized development tailored to specific business needs. This presents a rare chance to shape the future of a key location in Columbia. The property's size and location make it an attractive investment for long-term growth and potential appreciation.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Boone
    State
    Missouri
    Longitude
    -92.2648
    Latitude
    38.9733

    Comparable in this City

    • Value Estimation by Request
      1.26 Acres

      2513 Stadium Blvd

      CHARITABLE ORGANIZATION • 1.26 Acres
      2513 Stadium Blvd, Columbia, MO 65202-1270
      View Details
    • Value Estimation
      $285,000
      3,808 SF

      5611 Saint Charles Rd

      FUNERAL HOME • 3,808 SF
      5611 Saint Charles Rd, Columbia, MO 65202-3029
      View Details
    • Value Estimation
      $270,000
      2.20 Acres

      7817 Chesley Dr

      PROFESSIONAL CLUBS/ASSOCIATIONS • 2.20 Acres
      7817 Chesley Dr, Columbia, MO 65202
      View Details
    • Value Estimation
      $340,000
      7,421 SF

      2625 Stinson Ave

      PROFESSIONAL CLUBS/ASSOCIATIONS • 7,421 SF
      2625 Stinson Ave, Columbia, MO 65202-5592
      View Details
    • Value Estimation
      $265,000
      2,080 SF

      2200 Aaron Dr

      PROFESSIONAL CLUBS/ASSOCIATIONS • 2,080 SF
      2200 Aaron Dr, Columbia, MO 65202-1963
      View Details
    • Value Estimation by Request
      3,895 SF

      2410 Parker St

      CHARITABLE ORGANIZATION • 3,895 SF
      2410 Parker St, Columbia, MO 65202-1874
      View Details

    Similar Nearby for Sale

    • $941,767
      3.76 Acres

      Prime Columbia Commercial Land

      3.76 Acres, High Traffic Area
      0 Rangeline & Brown School Rd, Columbia, MO 65202
      View Details
    • $450,000
      3.39 Acres

      Columbia Commercial Land - 3.39 Acres

      Prime 3.39-acre commercial lot in Columbia, MO.
      0 Brown School Rd, Columbia, MO 65202
      View Details
    • $566,280
      1.30 Acres

      Interstate 70 Commercial Land Plot

      Prime 1.3-acre commercial lot, ideal for QSR or hotel.
      70 & Rte Z -, Columbia, MO 65202
      View Details
    • $2,900,000
      8.19 Acres

      Prime Columbia Commercial Land

      8.19 Acres, I-70 Frontage, High Traffic
      0 Cunningham Dr, Columbia, MO 65202
      View Details
    • $2,000,000
      9.00 Acres

      Prime Columbia Commercial Land

      9 Acres, Mixed-Use Zoning, High Traffic
      1301 Ballenger Ln, Columbia, MO 65202
      View Details
    • $1,149,984
      2.20 Acres

      Interstate 70 Commercial Land, Columbia MO

      2.2-Acre Commercial Lot, Prime Location
      Z Interstate 70 & Rte, Columbia, MO 65202
      View Details

    Similar Nearby for Lease

    • $1,000 /Mo

      Vacant Land For Lease

      Vacant lot available for lease in Columbia, Missouri.
      2116 Paris Rd, Columbia, MO 65202
      View Details
    • Contact for pricing
      217,800 SF

      Prime Boone County Commercial Land

      High-visibility land, ideal for development.
      63 Vandiver & Bass Pro, Columbia, MO 65202
      View Details
    • Contact for pricing

      Commercial Pad Sites For Rent

      Two pad sites available in high-volume, grocery-anchored center.
      2716 Paris Rd, Columbia, MO 65202
      View Details
    • Contact for pricing

      Commercial Pad Sites For Lease

      Two pad sites available in high-volume, grocery-anchored center.
      Mexico Gravel Rd, Columbia, MO 65202
      View Details
    • Contact for pricing

      Retail Building Near Interstate 70

      3,992 SF retail building on 0.86 acres near I-70.
      3200 Clark Ln, Columbia, MO 65202
      View Details
    • Contact for pricing
      55,436 SF

      Prime Retail Space in Columbia, MO

      High-visibility retail spaces available now.
      5414 Clark Ln, Columbia, MO 65202
      View Details
    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.
    Ballenger Ln And Geyser Blvd
    Columbia, MO 65202
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.