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Property profile & analytics
OFF-MARKET Estimated value $885,000
Office buildings

700 Cherry St Columbia, MO 65201-7726

29,364 SF 0.24 ac lot Built 1980
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US48-0702448
Property summary
AI-generated overview

This exceptional 3,674 square-foot executive office suite is ideally situated on the second floor of the prestigious 700 Cherry Street building in downtown Columbia, Missouri. The single-tenant space boasts a thoughtfully designed layout, perfect for a variety of professional uses. Featuring eight individual offices, the suite offers ample privacy and workspace for employees. A dedicated copy room ensures efficient document management, while a convenient break room provides a comfortable space for relaxation and collaboration. The inclusion of a full bathroom, complete with a shower, adds to the suite's functionality and convenience. Off-street parking is also provided, eliminating the hassle of street parking. Located in Boone County, this property benefits from its central location within Columbia's vibrant downtown area, making it easily accessible for clients and employees alike. The well-maintained space is ready for immediate occupancy and represents a fantastic opportunity for a law firm, or any company seeking a sophisticated and functional downtown office space in a highly desirable location. The zip code is 65201.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1980
Total area 29,364 SF
Lot 0.24 ac (10,560 SF)
Zoning code C2
APN 16-320-00-17-190.00 01
UPID US48-0702448
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
  • Foliotek (Bike/Boat/Book/etc) Store Corporate Office
  • Smith & Parnell LLC Law Firm
  • Stamper Gary L Law Firm
  • Smith & Parnell LLC: Taylor Parnell Malia Law Firm
  • Lee’s Market Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$935k
Comparable Approach Comparable
$1.23M
Blend (final) Blend
$885k
Owner & transaction history
Erm Property Management LLC · 4 yrs held
Erm Property Management LLC
since 2021
4 recorded transactions
2021
Price N/A
2021
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C2 · Columbia, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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