Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5708 Freedom Dr Columbia, MO 65202-3089
    Back to Search
    Property profile & analytics

    5708 Freedom Dr Columbia, MO 65202-3089

    View on Map
    • Automotive properties
    • 29,385 SF
    • 3.10 lot acres
    Off-Market
    Last Sale Nov 9, 2020
    Property ID
    US48-1314399
    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
    $1,390,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Head Motor Company / Motorcycle Shop
    • Head Motor Company Service Department / Auto Repair Shop / Motorcycle Shop
    • Head Brothers Insurance Group LLC / Insurance Agency

    Property Details for 5708 Freedom Dr

    Year built
    2015
    Lot size
    3.10 lot acres
    Property size
    29,385 SF
    Zone code
    CG
    Property type
    Automotive properties
    APN
    17-204-00-06-010.00 01
    APU
    1720400060100001

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $1,455,000
      Current use
      OFFICE BUILDING
      $2,035,000
      Change: +40% Conversion: Difficult
      MEDICAL BUILDING
      $1,875,000
      Change: +29% Conversion: Difficult
      RETAIL STORES
      $1,530,000
      Change: +5% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $1,390,000
      Change: -4% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Boone
    State
    Missouri
    Longitude
    -92.2491
    Latitude
    38.9609
    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
    $49,118
    $140,448
    $727,712
    $868,160
    -
    $438,900
    $2,274,100
    $2,713,000

    Comparable in this City

    • Value Estimation by Request
      378 SF

      Range Line St

      VEHICLE SALES, RENTALS • 378 SF
      Range Line St, Columbia, MO 65202
      View Details
    • Value Estimation by Request
      11,460 SF

      416 Vandiver Dr

      VEHICLE SALES, RENTALS • 11,460 SF
      416 Vandiver Dr, Columbia, MO 65202-1509
      View Details
    • Value Estimation by Request
      10,800 SF

      6111 Paris Rd

      VEHICLE SALES, RENTALS • 10,800 SF
      6111 Paris Rd, Columbia, MO 65202-9364
      View Details
    • Value Estimation
      $1,295,000
      26,831 SF

      1300 Vandiver Dr

      VEHICLE SALES, RENTALS • 26,831 SF
      1300 Vandiver Dr, Columbia, MO 65202-1925
      View Details
    • Value Estimation
      $935,000
      28,537 SF

      500 Vandiver Dr

      VEHICLE SALES, RENTALS • 28,537 SF
      500 Vandiver Dr, Columbia, MO 65202-1507
      View Details
    • Value Estimation by Request
      2,736 SF

      700 Vandiver Dr

      VEHICLE SALES, RENTALS • 2,736 SF
      700 Vandiver Dr, Columbia, MO 65202-1505
      View Details

    Similar Nearby for Sale

    • $690,000
      0.90 Acres

      High-Visibility Retail Lot in Columbia, MO

      Prime Retail Location, High Traffic, 0.9 Acres
      5 Corporate Plz Dr, Columbia, MO 65202
      View Details
    • Contact for pricing
      16,440 SF

      Columbia Commercial Property For Sale

      Commercial property available for sale in Columbia, Missouri.
      901 Rain Forest Pkwy, Columbia, MO 65202
      View Details
    • $1,855,000

      High Traffic Retail Location

      Visible retail space in southwest location with M-C zoning.
      9 Corporate Lake Dr, Columbia, MO 65202
      View Details
    • Contact for pricing
      7,200 SF

      Mixed-Use Commercial Property For Sale

      Mixed-use commercial property featuring retail and office spaces.
      901 Safari Dr, Columbia, MO 65202
      View Details
    • $1,875,000

      Steak N Shake For Sale

      Corporate guaranteed NNN lease Steak N Shake near Mizzou.
      3004 Clark Ln, Columbia, MO 65202
      View Details
    • Contact for pricing
      5,577 SF

      Freestanding Restaurant Building on 1.5 Acres

      Single-tenant Hooters on 1.5 acres in Columbia, Missouri.
      1101 Woodland Springs Ct, Columbia, MO 65202
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space in New Center

      Lease opportunities in new East Columbia shopping center.
      5414 Clark Ln, Columbia, MO 65202
      View Details
    • Contact for pricing

      Retail and Office Spaces Available

      Retail and office spaces for rent in Columbia, Missouri.
      3200 Penn Ter, Columbia, MO 65202
      View Details
    • Contact for pricing

      Retail Space in Columbia, MO

      Retail space available for lease in Columbia, Missouri.
      3200 Clark Ln, Columbia, MO 65202
      View Details
    • $1,000 /Mo

      Vacant Land For Lease

      Vacant lot available for lease in Columbia, Missouri.
      2116 Paris Rd, Columbia, MO 65202
      View Details
    • Contact for pricing

      Commercial Pad Sites For Lease

      Two pad sites available in high-volume, grocery-anchored center.
      Mexico Gravel Rd, Columbia, MO 65202
      View Details
    • Contact for pricing

      Commercial Pad Sites For Rent

      Two pad sites available in high-volume, grocery-anchored center.
      2716 Paris Rd, Columbia, MO 65202
      View Details
    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.
    5708 Freedom Dr
    Columbia, MO 65202-3089
    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

    Thank You for Inquiry
    5708 Freedom Dr, Columbia, MO, 65202
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!