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    FOR SALE
    Office Spaces

    525 N Keene St, Columbia, MO 65201

    2.59 ac lot
    Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US48-1488468
    525 N Keene St, Columbia, MO 65201 For Sale
    $2,500,000
    525 N Keene St, Columbia, MO 65201
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    Property summary
    AI-generated overview

    This exceptional Class A medical office building, located at 525 N Keene St, Suites 301 & 303, Columbia, MO 65201, presents a compelling investment or owner-user opportunity. The property boasts 8,451 square feet of net rentable space, currently 100% occupied by Jefferson City Medical Group under a 5-year NNN lease. The asking price is $2,500,000, representing a compelling $295.82 per square foot and a 6.00% cap rate based on a current NOI of $150,000. The building, constructed in 2013, features two units within a single, three-story structure situated on a 2.59-acre lot. Convenient elevator and stair access are available. The property benefits from its prime location in Columbia's premier medical district, with frontage along Keene Street. The permitted zoning is PD (Planned Development). This fee-simple ownership offers a sale-leaseback option with lease terms negotiable. The property's APN is 17-104-00-13-001.00 01. This is a rare opportunity to acquire a high-quality, fully occupied medical office building with strong potential for future growth and appreciation. The leaseback terms are open to negotiation.

    Property profile
    Verified
    Property type Office Spaces
    Use group CONDOMINIUM OFFICES
    Lot 2.59 ac (112,820 SF)
    APN 17-104-00-13-001.00 01
    UPID US48-1488468
    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
    • Myles Goble, M.D. Physician Medical Clinic
    • Justin Malone, M.D. Physician Medical Clinic
    • Neurology, Inc Medical Clinic
    • Dr. Komal Ashraf Physician Medical Clinic
    • University Physicians Audiology Clinic Medical Clinic
    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
    505 Keene LLC · 7 yrs held
    505 Keene LLC
    since 2019
    2 recorded transactions
    2019
    2018
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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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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