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Property profile & analytics
OFF-MARKET
Estimated value
$11,465,000
Outlet malls
1201 Grindstone Pkwy Columbia, MO 65201-3741
Entity Owned
~
Est. High Equity
Property ID
US48-0453004
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2006
Total area
185,585 SF
Lot
18.57 ac (808,909 SF)
APN
17-701-00-26-001.00 01
UPID
US48-0453004
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
All City Water Heating Repair Columbia HVAC Service General Contractor
-
Walmart Bakery Bakery Specialty Food Shop
-
Walmart Patio & Garden Services Landscaping General Contractor
-
Ria Money Transfer - Walmart Bank Credit Union
-
MoneyGram Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$10.86M
Comparable Approach
Comparable
$12.07M
Blend (final)
Blend
$11.47M
Owner & transaction history
Thf Grindstone Plaza Dev LLC
Thf Grindstone Plaza Dev LLC
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$13.2M
+9.3%
Medical building
$12.1M
+0.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Columbia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Columbia submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$11,760,000
6.5%
$10,855,000
7%
$10,080,000
Alternative Use
Use
Estimation
RETAIL STORES
$12,100,000
Current use
OFFICE BUILDING
$13,215,000
Change: +9% · Conversion: Easy
MEDICAL BUILDING
$12,115,000
Change: +0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$10,480,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$11.47M
Range $10.32M – $12.61M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$62 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$266,251
Tax year 2023
Assessed value
$3,647,027
Assessed 2024
Previous assessed
$3,647,027
+0.0% YoY
Effective rate
7.30%
On assessed value
Assessed land
$854,208
Assessed improvement
$2,792,819
Land market value
$2,669,400
Improvement market value
$8,727,560
Total market value
$11,396,960
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2006
Heating
NONE
Units
1
Total area
185,585 SF
Lot
18.57 ac (808,909 SF)
APN
17-701-00-26-001.00 01
UPID
US48-0453004
Jurisdiction
BOONE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$12.1M
OFFICE BUILDING
Est. value
$13.2M
MEDICAL BUILDING
Est. value
$12.1M
AUTO REPAIR, GARAGE
Est. value
$10.5M
RETAIL STORES Current
OFFICE BUILDING
MEDICAL BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Units
1
Lot
18.57 ac
Current owner
From public records · entity-resolved
Thf Grindstone Plaza Dev LLC
Entity
Mailing address
PO BOX 8050, BENTONVILLE, AR 72712-8055
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Thf Grindstone Plaza Dev LLC
—
Deed Of Trust
related
$13,700,000 · Equitrust Life Insurance Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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