Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    00000 I-70 Dr Columbia, MO 65201
    Back to Search
    Property profile & analytics

    00000 I-70 Dr Columbia, MO 65201

    View on Map
    • Industrial properties
    • 2.08 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 00000 I-70 Dr

    Lot size
    2.08 lot acres
    Property type
    Industrial properties

    Description

    This exceptional 2.08-acre industrial property boasts 260 feet of prime I-70 frontage in Columbia, Missouri. Zoned for general industrial use, this site is build-ready and offers significant development potential. A current billboard lease generates a net annual income of $7,200, providing immediate return on investment. The property has recently undergone a survey conducted by Brush and Associates, ensuring a clear understanding of boundaries and site characteristics. Its strategic location offers unparalleled accessibility, situated just over half a mile from the planned I-70 - Hanover Boulevard off-ramp and underpass connecting Clark Lane and I-70 Southeast. This connection will significantly enhance traffic flow and visibility, making this property an ideal location for businesses seeking high-traffic exposure and convenient access to major transportation arteries. The property's size and zoning regulations allow for a wide range of industrial uses, from warehousing and distribution to light manufacturing and more. This is a rare opportunity to acquire a highly visible and strategically located industrial parcel with existing income generation. The property's proximity to the planned infrastructure improvements further solidifies its long-term value and potential for growth. Serious inquiries are encouraged. The asking price is $899,000.

    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
    -92.2923
    Latitude
    38.9594

    Comparable in this City

    • Value Estimation by Request
      44.40 Acres

      7 Meyer Industrial Dr

      Land • 44.40 Acres
      7 Meyer Industrial Dr, Columbia, MO 65201
      View Details
    • Value Estimation by Request
      2.43 Acres

      Trade Winds Industrial Park

      Land • 2.43 Acres
      0 Trade Winds Industrial Park, Columbia, MO 65201
      View Details
    • Value Estimation by Request
      0.44 Acres

      10 Rangeline Rd

      INDUSTRIAL (GENERAL) • 0.44 Acres
      10 Rangeline Rd, Columbia, MO 65201-8718
      View Details
    • Value Estimation by Request
      4,140 SF

      1204 Business Loop 70

      INDUSTRIAL (GENERAL) • 4,140 SF
      1204 Business Loop 70, Columbia, MO 65201-4608
      View Details
    • Value Estimation
      $1,085,000
      55,822 SF

      50 Rangeline Rd

      INDUSTRIAL (GENERAL) • 55,822 SF
      50 Rangeline Rd, Columbia, MO 65201-9691
      View Details
    • Value Estimation by Request
      10,600 SF

      1111 Park Ave

      LUMBERYARD, BUILDING MATERIALS • 10,600 SF
      1111 Park Ave, Columbia, MO 65201
      View Details

    Similar Nearby for Sale

    • $100,000
      50.00 Acres

      Ashland Industrial Lot - 50 Acres

      Prime Industrial Land Near Columbia Airport
      1 Baldrige Ave, Ashland, MO 65201
      View Details
    • Contact for pricing
      1,980 SF

      Warehouse Space For Sale

      Standalone building with warehouse space, ideal for contractors.
      3502 Interstate 70 Dr Se, Columbia, MO 65201
      View Details
    • Contact for pricing

      5.5 Acres of Land

      5.5 acres of land in Trade Winds Industrial Park.
      Trade Winds Industrial Park, Columbia, MO 65201
      View Details
    • Contact for pricing

      Columbia Medical Office Condominiums

      Medical office condominiums for sale or lease in Columbia, Missouri.
      500 N Keene St, Columbia, MO 65201
      View Details
    • Contact for pricing
      2,400 SF

      Standalone Office Building For Sale

      Standalone office building with 2400 square feet of space.
      3504 Interstate 70 Dr SE, Columbia, MO 65201
      View Details
    • Contact for pricing

      Concorde Plaza Vertical Ready Land

      4.48 acre industrial, office, retail land in Columbia, Missouri.
      25 Maguire Blvd, Columbia, MO 65201
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      43,810 SF

      Class A Office Space in Columbia, MO

      Modern Office Suite, Shell Condition, Discovery Park
      4215 Philips Farm Rd, Columbia, MO 65201
      View Details
    • Contact for pricing

      Commercial Space in South Columbia

      Commercial space available for rent in south Columbia, Missouri.
      3220 Bluff Creek Dr, Columbia, MO 65201
      View Details
    • Contact for pricing
      1,810 SF

      Retail Space on Broadway

      Retail space with high visibility and easy access.
      2703 E Broadway, Columbia, MO 65201
      View Details
    • $16,320 /Mo

      Retail/Office Space for Rent

      Retail and office spaces available for rent.
      4 S 9Th St, Columbia, MO 65201
      View Details
    • Contact for pricing

      Commercial Space For Lease

      Commercial space available for lease in Columbia, Missouri.
      2900 Falling Leaf Ln, Columbia, MO 65201
      View Details
    • Contact for pricing

      Retail Space in Grindstone Plaza

      Retail space for rent in South Columbia shopping center.
      1205 Grindstone Pkwy, Columbia, MO 65201
      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.
    00000 I-70 Dr
    Columbia, MO 65201
    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
    00000 I-70 Dr, Columbia, MO, 65201
    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!