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    1205 Grindstone Pkwy Columbia, MO 65201
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    Property profile & analytics

    1205 Grindstone Pkwy Columbia, MO 65201


    • Strip malls
    • 31,200 SF
    • 14.84 lot acres
    Retail Space in Grindstone Plaza For Lease
    $1,240,000

    Retail Space in Grindstone Plaza

    Retail space for rent in South Columbia shopping center.

    1205 Grindstone Pkwy, Columbia, MO 65201
    View Listing
    Property ID
    US48-0764230
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dollar Tree / Discount Store
    • McAlister's Deli / Take-out & Catering
    • Walmart Deli / Food Market / Restaurant
    • America's Best Contacts & Eyeglasses / Physician
    • AAA Insurance - Jim Smothers, Columbia, Missouri Agent / Insurance Agency

    Property Details for 1205 Grindstone Pkwy

    Year built
    2006
    Lot size
    14.84 lot acres
    Property size
    31,200 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    17-701-00-26-001.01 01
    APU
    1770100260010101

    Description

    This exceptional retail opportunity is located within the bustling Grindstone Plaza Shopping Center in South Columbia. The property, totaling 8,614 square feet, is currently 100% vacant and offers flexible space options for multiple tenants. Individual spaces range from a minimum of 2,114 square feet to a maximum contiguous space of 4,000 square feet, providing versatility for various business needs. The property is classified as Class C and zoned M-C, allowing for a wide range of commercial uses. The center enjoys a prime location, anchored by a Walmart and complemented by a diverse mix of established tenants, including Dollar Tree and America's Best Contacts & Eyeglasses. This strategic positioning ensures high visibility and significant foot traffic, creating an ideal environment for attracting customers. The space is available for lease on a triple net (NNN) basis, aligning with the lease structure of the anchor tenant, Walmart. Previously occupied by Cato Fashions, the space is ready for immediate occupancy, offering a blank canvas for your business to thrive. The property's ample square footage and flexible layout present a unique opportunity to establish a strong presence in a thriving retail environment. Available for lease starting January 31st, 2024.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,177,000
      Market price range: $393k - $1.18M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $850,000
      Current use
      MEDICAL BUILDING
      $2,035,000
      Change: +140% Conversion: Difficult
      RETAIL STORES
      $2,035,000
      Change: +140% Conversion: Easy
      AUTO REPAIR, GARAGE
      $1,760,000
      Change: +108% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $1,525,000
      Change: +80% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Boone
    State
    Missouri
    Longitude
    -92.3222
    Latitude
    38.9145
    CBSA code
    17860
    CBSA name
    COLUMBIA, MO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $176,782
    $682,624
    $1,738,880
    $2,421,504
    -
    $2,133,200
    $5,434,000
    $7,567,200
    View Listing
    More about this property
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