1450 Cinnamon Hl Ln Columbia, MO 65201-7252
- Retail space
- 31,860 SF
- 2.88 lot acres
Current Use by Public Records
- American Freight - Furniture, Mattress, Appliance / Mattress Store / Appliance Store
Property Details for 1450 Cinnamon Hl Ln
- Year built
- 2012
- Lot size
- 2.88 lot acres
- Property size
- 31,860 SF
- Property type
- Retail space
- APN
- 17-404-00-05-001.00 01
- APU
- 1740400050010001
Description
This exceptional 30,000-square-foot commercial building presents a unique opportunity in Columbia, Missouri. Located at 1450 Cinnamon Hill Ln, this Class A property boasts a versatile design suitable for a variety of uses, including retail, office, industrial, and more. The building features a single tenancy, offering 30,000 square feet of vacant space on a 2.88-acre lot. Built in 2013, the property benefits from high ceilings ranging from 18 to 20 feet, ideal for various operational needs. Two loading docks with two dock-high doors facilitate efficient loading and unloading. The strategic location offers excellent visibility from Highway 63 and Stadium Boulevard, ensuring high traffic exposure. Convenient access to major thoroughfares, including Stadium Boulevard, Highway 63, and Interstate 70, provides easy transportation links. The property is zoned for retail, office, and industrial uses, offering maximum flexibility. A load-bearing mezzanine with a freight elevator adds to the functional versatility. The surrounding area is vibrant, with nearby businesses including Little Dixie Construction, Taco Bell, Break Time, Holiday Inn, and numerous residential complexes, creating a strong customer base and employee pool. Proximity to the University of Missouri and major employers like Ameren Missouri and FedEx further enhances the property's appeal. This is a rare opportunity to secure a high-quality, versatile commercial space in a thriving location.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,020,000
- 6.5%
- $1,865,000
- 7%
- $1,730,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,205,000
Market price range: $1.07M - $3.37M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $2,075,000 Current use
- OFFICE BUILDING
- $2,270,000 Change: +9% Conversion: Easy
- MEDICAL BUILDING
- $2,080,000 Change: +0% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,800,000 Change: -13% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Columbia
- County
- Boone
- State
- Missouri
- Longitude
- -92.2903
- Latitude
- 38.934
- CBSA code
- 17860
- CBSA name
- COLUMBIA, MO METROPOLITAN STATISTICAL AREA
