2700 Belt HwySaint Joseph, MO 64506

Property Details for 2700 Belt Hwy

Year built

1988

Property size (Sq ft)

13,080 SF

Zone code

CITY

Property type

Office properties

APN

03-8.0-34-004-000-038.000

APU

38034004000038000

Description

This exceptional commercial property, located at 2700 N Belt Hwy in St. Joseph, Missouri, presents a unique investment opportunity. The 13,200 square foot brick office building boasts a highly desirable location on the Belt Highway, offering excellent visibility and accessibility. The building is meticulously maintained and in very good condition, featuring two floors, each encompassing 6,600 square feet of usable space. Ample parking is provided by a large concrete lot accommodating 53 vehicles. The property sits on a substantial 58,642 square foot lot, providing significant potential for future expansion or development. This versatile property is offered for sale at $1,300,000 and is also available for lease. The property's prime location, combined with its excellent condition and ample parking, makes it an ideal choice for a variety of commercial uses. The building's solid construction and spacious layout offer a comfortable and productive work environment. Serious inquiries are encouraged to explore this exceptional opportunity in the thriving St. Joseph market. The property is zoned for commercial use and is located in Buchanan County, Missouri, zip code 64506.

• CAP approach

  CAP return

  Valuation

  6%

  $2,451,819

  6.5%

  $2,263,218

  7%

  $2,101,560

• Comparable approach

  Method

  Valuation

  Relative Method

  $935,612

  Geo Method

  $935,612

• Alternative Use

  Use

  Valuation

  Residential

  $2,806,390

  Hospitality

  $2,570,638

  Educational

  $2,138,741

  Medical

  $2,212,296

  Retail

  $3,326,930

Location Insight

City

Saint Joseph

County

Buchanan

State

Missouri

Latitude

39.7929

Longitude

-94.8117

CBSA code

41140

CBSA name

ST. JOSEPH, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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