501 Cherry St Columbia, MO 65201-4210
- Office buildings
- 7,720 SF
- 0.18 lot acres
Current Use by Public Records
- Evans & Dixon, LLC / Law Firm / Civil Law Attorney
- columbia, missouri financial advisor, joe reardon, cfp® of stifel / Consultant
- Stifel / Investment Service / Financial Consultant
- Fleming William / Insurance Agency
Property Details for 501 Cherry St
- Year built
- 1996
- Construction
- FRAME
- Lot size
- 0.18 lot acres
- Property size
- 7,720 SF
- Zone code
- C2
- Property type
- Office buildings
- APN
- 16-320-00-17-159.00 01
- APU
- 1632000171590001
Description
This exceptional 2,513-square-foot executive office space is ideally situated at 501 Cherry Street in Columbia, Missouri, within the desirable 65201 zip code. The property boasts a single-tenant occupancy, offering complete privacy and control. The building's total square footage mirrors the available vacant space, presenting a unique opportunity for a business seeking a move-in ready location. Three exclusive parking stalls are included, providing ample and convenient parking for employees or clients. The property is zoned M-DT, reflecting its suitability for a variety of professional uses. Located in Boone County, this office space offers easy access to Columbia's vibrant downtown area and its amenities. The building's layout is designed for efficiency and functionality, making it an excellent choice for businesses seeking a professional and prestigious address. This is a single-tenant space, meaning the entire building is available for lease. The property's location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a high-profile presence in Columbia. The 2,513 square feet provide ample room for a variety of office configurations, allowing for customization to meet specific business needs. Interested parties are encouraged to inquire for further details and scheduling a viewing. This is a rare opportunity to secure a prime executive office space in a highly sought-after location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $385,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $540,000
- 6.5%
- $505,000
- 7%
- $460,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $510,000
- Geo Method
- $425,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $440,000
- Retail
- $450,000
- Mixed-Use
- $500,000
- Hospitality
- $470,000
- Educational
- $485,000
- Residential Income
- $525,000
- Energy
- $540,000
- Income-Based Land
- $485,000
- Food Service
- $490,000
Location Insight
- Map
- Local Demand
- City
- Columbia
- County
- Boone
- State
- Missouri
- Longitude
- -92.3316
- Latitude
- 38.9508
- CBSA code
- 17860
- CBSA name
- COLUMBIA, MO METROPOLITAN STATISTICAL AREA
