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Property profile & analytics
FOR SALE
Retail space
3340 Vandiver Dr, Columbia, MO 65202
Entity Owned
16-yr Hold
Absentee Owner
Free & Clear
Property ID
US48-0502324
For Sale
$9,735,000
3340 Vandiver Dr, Columbia, MO 65202
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2008
Total area
184,413 SF
Lot
17.63 ac (767,963 SF)
Zoning code
CP
APN
17-102-00-03-016.00 01
UPID
US48-0502324
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
-
Pittsburgh Paints & Stains - Available At Menard's Hardware & Home Improvement Building Supply
-
Menards Building Supply Hardware & Home Improvement
-
KeyMe Locksmiths Locksmith (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$10.79M
Comparable Approach
Comparable
$8.69M
Blend (final)
Blend
$9.74M
Owner & transaction history
MENARD INC
MENARD INC
Zoning & alternative use
CP · Columbia, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$15.5M
+61.8%
Office building
$12.8M
+33.1%
Medical building
$11.8M
+22.8%
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%
$11,685,000
6.5%
$10,785,000
7%
$10,015,000
Alternative Use
Use
Estimation
RETAIL STORES
$9,600,000
Current use
RESTAURANT
$15,535,000
Change: +62% · Conversion: Easy
OFFICE BUILDING
$12,780,000
Change: +33% · Conversion: Easy
MEDICAL BUILDING
$11,780,000
Change: +23% · Conversion: Difficult
AUTO REPAIR, GARAGE
$9,130,000
Change: -5% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$8,730,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$9.74M
Range $8.76M – $10.71M · ±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
$53 / 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
$227,953
Tax year 2023
Assessed value
$3,122,432
Assessed 2024
Previous assessed
$3,122,432
+0.0% YoY
Effective rate
7.30%
On assessed value
Assessed land
$491,488
Assessed improvement
$2,630,944
Land market value
$1,535,900
Improvement market value
$8,221,700
Total market value
$9,757,600
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
2008
Heating
NONE
Units
1
Total area
184,413 SF
Lot
17.63 ac (767,963 SF)
Zoning code
CP
APN
17-102-00-03-016.00 01
UPID
US48-0502324
Jurisdiction
BOONE
Zoning & alternative use
CP · Columbia, MO
Zoning CP · permitted uses
CP · 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
$9.6M
RESTAURANT
Est. value
$15.5M
OFFICE BUILDING
Est. value
$12.8M
MEDICAL BUILDING
Est. value
$11.8M
AUTO REPAIR, GARAGE
Est. value
$9.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$8.7M
RETAIL STORES Current
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
2008
Heating
NONE
Units
1
Lot
17.63 ac
Current owner
From public records · entity-resolved
MENARD INC
Entity
Free & Clear · 0 yrs held
Mailing address
4777 MENARD DR, EAU CLAIRE, WI 54703-9604
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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