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    FOR SALE
    Auto shops

    3200 Clark Ln, Columbia, MO 65202

    3,952 SF 0.88 ac lot Built 1976
    Entity Owned 20-yr Hold Absentee Owner Free & Clear
    Property ID
    US48-3345715
    3200 Clark Ln, Columbia, MO 65202 For Sale
    $750,000 3,952 SF
    3200 Clark Ln, Columbia, MO 65202
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    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 3,992 square foot retail building situated on a 0.86-acre lot in Columbia, Missouri. Located at 3200 Clark Lane, this single-tenant shopping center benefits from a highly visible location off Interstate 70, a major transportation artery. The property enjoys excellent visibility and accessibility, with pylon signage enhancing its prominence. The strategic location within a regional shopping hub in central Missouri ensures consistent traffic and strong retail and food sales potential. The property is situated in a high-traffic area, with Clark Lane boasting 22,889 vehicles per day (VPD), the I-70 Connector seeing 37,785 VPD, and I-70 itself recording 52,065 VPD. This translates to significant exposure for any business operating within the center. The asking price for this property is $750,000. It's important to note that the property operates under a ground lease. This well-positioned shopping center represents a compelling investment opportunity for those seeking a strong return in a thriving retail market. The property's size, location, and high traffic counts make it an ideal investment for both seasoned investors and those new to the commercial real estate market. The property is zoned for retail use and is ready for immediate occupancy.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1976
    Total area 3,952 SF
    Lot 0.88 ac (38,284 SF)
    Zoning code M1
    APN 17-116-00-01-004.00 01
    UPID US48-3345715
    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
    • LL Flooring Carpet & Flooring Store Hardware & Home Improvement
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Drury Dev Corp · 20 yrs held
    Drury Dev Corp
    since 2006
    2 recorded transactions
    2006
    2006
    Zoning & alternative use
    M1 · Columbia, MO
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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