For Sale
Cape Girardeau, MO
Commercial Real Estate Market Trends & Data
$418
Avg asking sale price
$17
Avg asking lease rate
6,184 SF
Avg unit lease size
9,494 SF
Avg building size for sale
7.43%
Average cap rate
Cape Girardeau's Demographic Profile
Cape Girardeau has 16,348 households and a median income of $49,268, providing context for rent absorption and tenant demand across retail and multifamily assets. A +3% five-year population trend is a key signal for evaluating long-term demand in this market.
| Key Demographic Metric | Value |
|---|---|
| Population | 40,015 |
| # Households | 16,348 |
| Median age | 35 |
| Median household income | $49,268 |
| Avg household size | 2.0 |
| Renter-occupied housing units | 8,205 |
| 5-year population change | +3% |
{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Cape Girardeau, MO
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Cape Girardeau | $130 | 7,851 SF | 10.00% |
| Crainville | $146 | 4,455 SF | 6.74% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Cape Girardeau | $630 | 3,441 SF |
| Chaffee | $25 | 6,640 SF |
| Scott City | $50 | 4,780 SF |
| Oak Ridge | $56 | 3,548 SF |
| Delta | $167 | 1,458 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Paducah | $217 | 13,391 SF | 8.18% |
| Poplar Bluff | $74 | 20,000 SF | 8.36% |
Commercial Properties For Sale in Cape Girardeau
The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
Nearby Commercial Markets
Comparing nearby markets helps investors see whether Cape Girardeau pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| Cape Girardeau | $418 | 9,494 SF |
| Gordonville | $122 | 4,922 SF |
| Jackson | $222 | 4,131 SF |
| Chaffee | $25 | 6,640 SF |
| Scott City | $139 | 14,910 SF |
Regional Demographic Comparison
This comparison places Cape Girardeau alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Cape Girardeau or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| Cape Girardeau | 40,015 | 16,348 | 35 | $49,268 | 2 | 8,205 | 3% |
| Gordonville | 653 | 246 | 38 | $85,849 | 3 | 52 | 2% |
| Jackson | 16,448 | 6,426 | 39 | $73,186 | 3 | 1,901 | 4% |
| Chaffee | 3,004 | 1,226 | 38 | $48,249 | 2 | 453 | -1% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Cape Girardeau, MO and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.
FAQs About Commercial Investing in Cape Girardeau
View All Commercial Real Estate For Sale in Cape Girardeau
Is Cape Girardeau a good market for a first-time commercial real estate investor?
Cape Girardeau offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.
How can this market data help me decide whether to buy commercial property for my business in Cape Girardeau?
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Cape Girardeau. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.
What should conservative investors focus on when evaluating commercial properties in Cape Girardeau?
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Cape Girardeau. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
How does Cape Girardeau compare to nearby commercial real estate markets?
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Cape Girardeau. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.
How can this page support early-stage deal screening for Cape Girardeau acquisitions?
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Cape Girardeau, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.
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