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Property profile & analytics
FOR LEASE
Strip malls
1400 Forum Blvd, Columbia, MO 65203
Entity Owned
~
Est. High Equity
Property ID
US48-0465127
For Lease
1 / 3
$860,000
1400 Forum Blvd, Columbia, MO 65203
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1965
Total area
64,533 SF
Lot
9.35 ac (407,286 SF)
Zoning code
C3
APN
16-613-00-00-004.00 01
UPID
US48-0465127
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
-
Schnucks Columbia Grocery & Convenience Store Food Market
-
Central Methodist University University
-
Shelter Insurance - Jon Hartman Insurance Agency
-
Above the Beyond Yoga & Healing Arts Gym & Fitness Center
-
Green Acres Septic Tank Services Plumbing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$860k
Owner & transaction history
Forum Shopping Center LLC
Forum Shopping Center LLC
2 recorded transactions
Zoning & alternative use
C3 · Columbia, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$13 / 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
Assessed value
$1,484,992
Assessed 2024
Previous assessed
$1,474,537
+0.7% YoY
Assessed land
$202,016
Assessed improvement
$1,282,976
Land market value
$631,300
Improvement market value
$4,009,300
Total market value
$4,640,600
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1965
Heating
NONE
Buildings
5
Stories
9
Total area
64,533 SF
Lot
9.35 ac (407,286 SF)
Zoning code
C3
APN
16-613-00-00-004.00 01
UPID
US48-0465127
Jurisdiction
BOONE
Zoning & alternative use
C3 · Columbia, MO
Zoning C3 · permitted uses
C3 · Columbia, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Columbia. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Heating
NONE
Stories
9
Buildings
5
Lot
9.35 ac
Current owner
From public records · entity-resolved
Forum Shopping Center LLC
Entity
Mailing address
PO BOX 1037, COLUMBIA, MO 65205-1037
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Forum Shopping Center LLC
—
Deed Of Trust
related
$2,102,690 · First Midwest
—
—
Shafer Kline & Warren INC
—
Deed Of Trust
related
$174,731 · Umb Bank NA
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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