904 22Nd StSaint Joseph, MO 64507

Property Details for 904 22Nd St

Year built

1940

Property size (Sq ft)

19,988 SF

Zone code

CITY

Property type

Parking lots & garages

APN

06-5.0-16-002-004-001.001

APU

65016002004001001

Description

This exceptional investment opportunity encompasses a substantial 33,000-square-foot industrial portfolio situated on a full city block in Saint Joseph, Missouri. The property, located at 904 S 22nd St, includes multiple buildings totaling four structures, all single-story, and zoned C-3. Built in 1940, the buildings offer a unique blend of flex and warehouse space, ideal for a variety of uses. The property boasts an impressive 13 dock-high doors, one loading dock, and ceiling heights ranging from 14 feet, providing ample space for storage and operations. The expansive 33,250-square-foot lot provides significant room for expansion or outdoor storage. The asking price is $799,000, translating to $24.21 per square foot. The property features a newly updated electrical system and a modern alarm system. The portfolio includes addresses 904 S. 22nd Street, 2103 Lafayette, and 917 S. 20th Street, offering flexibility for various business needs. The property also includes potential for executive living quarters. The high-voltage 400-amp, 3-phase electrical service with four separate meters adds to its operational efficiency. This property presents a rare opportunity to acquire a substantial, multi-building industrial complex in a prime location. The versatile space and numerous features make it an attractive investment for both owner-occupiers and investors seeking a strong return.

• CAP approach

  CAP return

  Valuation

  6%

  $5,507,664

  6.5%

  $5,083,997

  7%

  $4,720,854

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,602,949

  Geo Method

  $3,602,949

• Alternative Use

  Use

  Valuation

  Residential

  $4,288,542

  Hospitality

  $3,928,281

  Educational

  $3,268,284

  Medical

  $3,380,685

  Retail

  $5,083,997

Location Insight

City

Saint Joseph

County

Buchanan

State

Missouri

Latitude

39.7586

Longitude

-94.8345

CBSA code

41140

CBSA name

ST. JOSEPH, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].