Property profile

201 S Providence Rd Columbia, MO 65203

FOR LEASE
Drive through restaurants
Property ID
US48-2683046
3,296 SF 3.26 ac lot Built 2021
Entity Owned Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 0.96-acre parcel presents a rare opportunity for retail development in Columbia, Missouri. Located at 201 S Providence Rd, this single-tenant property boasts a highly visible location west of Raising Cane's, ensuring significant foot traffic and brand exposure. The property is zoned M-DT, offering flexibility for a variety of retail uses. The land itself is classified as Class C and encompasses a total of 0.96 acres, providing ample space for construction. The address is conveniently situated in Boone County, Missouri, with a zip code of 65203. This is a ground lease opportunity, ideal for businesses seeking a strategic location with high visibility and accessibility. The property's location within a thriving commercial area promises strong returns on investment. Given its size and zoning, this land is perfect for a variety of retail concepts. The site's proximity to established businesses and high traffic volume makes it an attractive proposition for entrepreneurs and investors alike. This is a unique chance to acquire a prime retail location in a rapidly growing market. The property's single-tenant nature simplifies management and leasing, making it an attractive option for both developers and end-users. Don't miss this chance to secure a prominent position in Columbia's vibrant retail landscape.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2021
Total area 3,296 SF
Lot 3.26 ac (142,006 SF)
APN 16-607-00-08-001.00 01
UPID US48-2683046

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

201 S Providence Rd Columbia, MO 65203
Columbia metro Census 600 COLUMBIA, MO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$365k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$365k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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