Grindstone Pkwy & Bearfield Rd Columbia, MO 65203
- Retail properties
- 111,950 SF
- 1.00 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 Grindstone Pkwy & Bearfield Rd
- Lot size
- 1.00 lot acres
- Property size
- 111,950 SF
- Property type
- Retail properties
- Property subtype
- Land
Description
Bearfield Plaza Shops presents a remarkable investment opportunity in Southeast Columbia, Missouri. This prime retail property, situated at the highly visible corner of Grindstone Parkway and Bearfield Road, boasts a total of 111,950 square feet and sits on a sizable lot ranging from 1 to 2.57 acres. Currently zoned PD, the property offers significant flexibility for various commercial developments. The asking price is $2,966,653, translating to $26.50 per square foot. This exceptional location benefits from an average daily traffic count of 35,970 vehicles on Grindstone Parkway, ensuring high visibility and accessibility for businesses. The property is ideally suited for multi-tenant occupancy and is offered as a Net Net Net (NNN) lease. Furthermore, the land is divisible, with the corner lot available at a premium price. This presents a unique opportunity for developers seeking a high-traffic location with the potential for significant returns. The property's adjacency to Scooter's Coffee further enhances its desirability and potential for attracting a diverse range of businesses. This is a rare chance to acquire a substantial retail property in a thriving area of Columbia.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Columbia
- County
- Boone
- State
- Missouri
- Longitude
- -92.3714
- Latitude
- 38.9538
