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Property profile & analytics
OFF-MARKET
Estimated value
$4,075,000
Grocery and convenience stores
3100 Broadway Columbia, MO 65203-0102
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US48-0584573
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2001
Total area
80,685 SF
Lot
13.93 ac (606,791 SF)
Zoning code
C1
APN
16-501-00-02-038.00 01
UPID
US48-0584573
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
-
Erika Griesemer Pharmacy
-
Hy-Vee Floral (Bike/Boat/Book/etc) Store Florist
-
Hy-Vee Market Grille Bar & Pub Restaurant
-
Hy-Vee Pharmacy Pharmacy
-
Hy-Vee Grocery Store Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.72M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.08M
Owner & transaction history
Hv Columbia LLC · 1 yrs held
Hv Columbia LLC
since 2024
2 recorded transactions
Zoning & alternative use
C1 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,110,000
6.5%
$4,720,000
7%
$4,380,000
Alternative Use
Use
Estimation
RETAIL STORES
$6,060,000
Current use
MEDICAL BUILDING
$5,155,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$4.08M
Range $3.67M – $4.48M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$51 / 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
Tax billed
$161,195
Tax year 2023
Assessed value
$2,208,000
Assessed 2024
Previous assessed
$2,208,000
+0.0% YoY
Effective rate
7.30%
On assessed value
Assessed land
$640,772
Assessed improvement
$1,567,228
Land market value
$2,002,410
Improvement market value
$4,897,590
Total market value
$6,900,000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2001
Heating
YES
Buildings
2
Total area
80,685 SF
Lot
13.93 ac (606,791 SF)
Zoning code
C1
APN
16-501-00-02-038.00 01
UPID
US48-0584573
Jurisdiction
BOONE
Zoning & alternative use
C1 · Columbia, MO
Zoning C1 · permitted uses
C1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$6.1M
MEDICAL BUILDING
Est. value
$5.2M
RETAIL STORES Current
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2001
Heating
YES
Buildings
2
Lot
13.93 ac
Current owner
From public records · entity-resolved
Hv Columbia LLC
Entity
Mailing address
5959 VLG VW DR STE #200, WEST DES MOINES, IA 50266-3845
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Aug 13, 2024
—
Hv Columbia LLC
Hurd Hv Columbia LLC
Lease
$766,170 · Bankers Trust Company NA
Sep 28, 2015
—
River Region Cu
Hy-vee INC
Grant Deed
related
—
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.
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