503/505 E. Rollins Rd.  Columbia, MO 65203

Slider
Address 503/505 E. Rollins Rd.
Columbia, MO 65203
Sale Price $2,700,000
Space 5,847 square feet
building sq ft 5,847 square feet
Zoning R-MF
Details
  • 5,847 sf building area on 28,620 sf land area (0.65 acres) zoned R-MF (multi-family) in City of Columbia presently operating as apartment building with parking lot.
  • Property is serviced by City of Columbia for water, electricity, sewer, Ameren Missouri for gas service.
  • Close proximity to University of Missouri’s and in MU’s Greek Town area.
  • Upgraded within last 13 years. All units have central HVAC.
  • 20 parking spaces on western lot (503 Rollins) rented at $550 per semester or $1,100 annually plus 17 parking spaces behind building at 505 Rollins. Total of 37 spaces.
  • Basement is 1,381 sf – now used as storage and building mechanical.
  • Main level is 2,366 sf – include 2 units, a 2 bedroom/1 bath unit and a 3 bedroom/1bath unit.
  • The second and third level include 5 bedroom/4 bathroom unit.
  • Land value is key indicator of value of this property’s list value of $2,700,000 and it is supported by recent appraisal (year 2022) and its existing zoning allowing for re-development in primary location.
Slider
OVERVIEW
PHOTOS
MAP
SATELLITE PHOTO

Property Overview

503/505  E. Rollins Rd. Columbia, MO  65203

Address 503/505 E. Rollins Rd.
Columbia, MO 65203

Sale Price $2,700,000

Space 5,847 square feet

building sq ft 5,847 square feet

Zoning R-MF

Details
  • 5,847 sf building area on 28,620 sf land area (0.65 acres) zoned R-MF (multi-family) in City of Columbia presently operating as apartment building with parking lot.
  • Property is serviced by City of Columbia for water, electricity, sewer, Ameren Missouri for gas service.
  • Close proximity to University of Missouri’s and in MU’s Greek Town area.
  • Upgraded within last 13 years. All units have central HVAC.
  • 20 parking spaces on western lot (503 Rollins) rented at $550 per semester or $1,100 annually plus 17 parking spaces behind building at 505 Rollins. Total of 37 spaces.
  • Basement is 1,381 sf – now used as storage and building mechanical.
  • Main level is 2,366 sf – include 2 units, a 2 bedroom/1 bath unit and a 3 bedroom/1bath unit.
  • The second and third level include 5 bedroom/4 bathroom unit.
  • Land value is key indicator of value of this property’s list value of $2,700,000 and it is supported by recent appraisal (year 2022) and its existing zoning allowing for re-development in primary location.

Photos

  • Slider

Map

google map

Get driving directions from:
(address, city, state)

Contact Advisor

Paul Land, SIOR
Owner
PaulLand@PlazaCommercialRealty.com
573-445-1020 (office)
573-219-2394 (mobile)
Mike Grellner, SIOR
Vice President
MikeGrellner@PlazaCommercialRealty.com
573-445-1020 (office)
573-639-1864 (mobile)