Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3506 Interstate 70 Dr SE Columbia, MO 65201

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3506 Interstate 70 Dr SE Columbia, MO 65201

    View on Map
    • Retail space
    • 1,760 SF
    For Sale
    $425,000
    View Listing →
    Standalone Building For Sale For Sale
    $425,000
    2,082 SF

    Standalone Building For Sale

    Standalone mixed-use building with office space for sale.

    3506 Interstate 70 Dr SE, Columbia, MO 65201
    View Listing
    Property ID
    US48-1285839
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 3506 Interstate 70 Dr SE

    Year built
    1986
    Property size
    1,760 SF
    Property type
    Retail space
    APN
    17-116-00-13-003.00 01
    APU
    1711600130030001

    Description

    This exceptional 2,082 square foot standalone office building in Columbia, Missouri, presents a unique investment opportunity. Situated at 3506 Interstate 70 Dr SE, this property boasts two distinct units, offering versatility and potential for diverse uses. Unit A, currently utilized as a construction company's storage facility, provides ample space for various storage or operational needs. Unit B is a fully equipped commercial catering kitchen, featuring stainless steel appliances, a commercial-grade refrigerator, and freezer, ideal for food service businesses or related ventures. The building is partially owner-occupied, with a business leasing space through April 2025. The existing lease is negotiable, offering flexibility for new ownership to establish favorable rental terms. The property is zoned M-C, allowing for a range of commercial uses. Located in Boone County, Missouri, with a zip code of 65201, this property benefits from excellent visibility and accessibility along Interstate 70. The asking price for this turnkey investment is $425,000. This presents a rare chance to acquire a versatile commercial property with existing income and significant upside potential in a thriving Missouri market. The property's location and existing infrastructure make it an attractive option for both investors and owner-occupiers seeking a strategic foothold in the Columbia area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Boone
    State
    Missouri
    Longitude
    -92.2849
    Latitude
    38.9608
    CBSA code
    17860
    CBSA name
    COLUMBIA, MO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $12,019
    $11,872
    $23,891
    -
    $37,560
    $37,100
    $74,660

    Comparable in this City

    • Value Estimation by Request
      6,056 SF

      Bus Lo

      RETAIL STORES (PERSONAL SERVICES) • 6,056 SF
      Bus Lo, Columbia, MO 65201
      View Details
    • Value Estimation by Request
      3,840 SF

      805 Old 63rd N

      RETAIL STORES (PERSONAL SERVICES) • 3,840 SF
      805 Old 63rd N, Columbia, MO 65201-6311
      View Details
    • Value Estimation by Request
      1,740 SF

      1615 Old 63rd S, Unit 162

      RETAIL STORES (PERSONAL SERVICES) • 1,740 SF
      1615 Old 63rd S, Columbia, MO 65201-6007
      View Details
    • Value Estimation by Request
      1,008 SF

      1202 Range Line St

      RETAIL STORES (PERSONAL SERVICES) • 1,008 SF
      1202 Range Line St, Columbia, MO 65201-4569
      View Details
    • Value Estimation by Request
      11,510 SF

      916 Business Loop 70

      RETAIL STORES (PERSONAL SERVICES) • 11,510 SF
      916 Business Loop 70, Columbia, MO 65201-3916
      View Details
    • Value Estimation by Request
      2.23 Acres

      Providence Rd

      RETAIL STORES (PERSONAL SERVICES) • 2.23 Acres
      Providence Rd, Columbia, MO 65201
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,688 SF

      Downtown Columbia Redevelopment Opportunity

      Prime location with income and value-add potential.
      812 E Broadway, Columbia, MO 65201
      View Details
    • Contact for pricing

      Entertainment Destination Opportunity

      Sale or built-to-suit options for restaurant, hotel, or event center.
      9500 E Log Providence Rd, Columbia, MO 65201
      View Details
    • $1,275,000
      9,351 SF

      Downtown Rapid City Office Suite

      Prime Office Space Available Now
      903 Ash St, Columbia, MO 65201
      View Details
    • Contact for pricing
      1,980 SF

      Warehouse Space For Sale

      Standalone building with warehouse space, ideal for contractors.
      3502 Interstate 70 Dr Se, Columbia, MO 65201
      View Details
    • Contact for pricing

      Land in Trade Winds Park

      1.61 acre land for sale in Columbia, Missouri.
      Trade Winds Industrial Park, Columbia, MO 65201
      View Details
    • Contact for pricing

      Commercial Pad Sites on I-70

      Commercial land available immediately off Interstate 70 in Columbia, MO.
      Z Interstate 70 & Rte, Columbia, MO 65201
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,810 SF

      Retail Space on Broadway

      Retail space with high visibility and easy access.
      2703 E Broadway, Columbia, MO 65201
      View Details
    • Contact for pricing

      Downtown Columbia Retail Space

      Retail space available at a high-traffic downtown intersection.
      825 Elm St, Columbia, MO 65201
      View Details
    • Contact for pricing

      Commercial Space For Lease

      Commercial space available for lease in Columbia, Missouri.
      2900 Falling Leaf Ln, Columbia, MO 65201
      View Details
    • Contact for pricing

      Retail Space in Power Center

      In-line retail space in a well-anchored shopping center.
      27 Conley Rd, Columbia, MO 65201
      View Details
    • Contact for pricing

      Retail/Office Space for Rent

      Retail and office spaces available for rent.
      4 S 9Th St, Columbia, MO 65201
      View Details
    • Contact for pricing

      Retail/Office Space in Columbia, MO

      Located on Highway 63 & Grindstone Parkway, Columbia, MO.
      Hwy 63 & Grindstone Pkwy, Columbia, MO 65201
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3506 Interstate 70 Dr SE
    Columbia, MO 65201
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!