Technical
Financial
Distress signals
Property profile

2207 Nelwood Dr Columbia, MO 65202

OFF-MARKET
Warehouses
Property ID
US48-3321617
25,920 SF 1.43 ac lot Built 1980
Entity Owned 6-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This Boone County property offers a substantial 26,118-square-foot industrial space, ideal for manufacturing or warehousing operations. The single-tenant building features a flexible layout adaptable to various needs. Currently configured with high ceilings, three restrooms, and a 220-square-foot climate-controlled office, the space also boasts a large showroom suitable for retail, additional office space, or storefront use. The property offers ample parking in front of the building. This versatile space presents a unique opportunity; it can be leased in its current state or customized to meet specific tenant requirements through a build-to-suit option. The existing improvements include high ceilings, three restrooms, and a dedicated 220-square-foot office with its own HVAC system. The large showroom area provides significant flexibility for a variety of uses, enhancing the property's overall functionality and appeal. The combination of existing features and build-to-suit potential makes this Boone County industrial space a highly attractive option for businesses seeking a functional and adaptable workspace. The property's location in Boone County offers convenient access to transportation routes and other essential amenities.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1980
Construction STEEL FRAME
Total area 25,920 SF
Lot 1.43 ac (62,291 SF)
Zoning code M1
APN 17-107-00-04-008.00 01
UPID US48-3321617

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store Building Supply
  • Gym & Fitness Center
  • Storage Facility
  • Training Center

Location

2207 Nelwood Dr Columbia, MO 65202-2532
Columbia metro Census 1506 COLUMBIA, MO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$465k

Owner & transaction history

since 2020
7 recorded transactions
2020
Price N/A
2020
Price N/A
2013
Price N/A
2013
Price N/A
2011
$418,199
2006
Price N/A
2005
Price N/A

Zoning & alternative use

M1 · Columbia, MO

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
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