Technical
Financial
Distress signals
Property profile

3200 Clark Ln Columbia, MO 65202

FOR LEASE
Auto shops
Property ID
US48-3345715
3,952 SF 0.88 ac lot Built 1976
Entity Owned 20-yr Hold Absentee Owner Free & Clear
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3200 Clark Ln, Columbia, MO 65202 For Lease
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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

Current use

Occupant on record · Public records
  • Carpet & Flooring Store Hardware & Home Improvement

Location

3200 Clark Ln Columbia, MO 65202
Columbia metro Census 1505 COLUMBIA, MO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$330k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$330k

Owner & transaction history

since 2006
2 recorded transactions
2006
Price N/A
2006
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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