1704 Belt HwySaint Joseph, MO 64507

Property Details for 1704 Belt Hwy

Year built

1989

Lot size

0.35 AC

Property size (Sq ft)

2,250 SF

Zone code

CITY

Property type

Retail space

APN

06-6.0-14-003-002-042.002

APU

66014003002042002

Description

This exceptional investment opportunity presents a single-story, 0.35-acre retail property located at 1704 S Belt Highway in St. Joseph, Missouri, zip code 64507. Built in 1989, the building features a two-bay service center ideally suited for automotive repair businesses. Currently occupied by a tenant operating a lube and oil change service under a triple net lease, this property offers a stable income stream for investors. The property's strategic location on the Belt Highway ensures high visibility and accessibility for customers. The sale includes the real estate only

• CAP approach

  CAP return

  Valuation

  6%

  $619,984

  6.5%

  $572,293

  7%

  $531,415

• Comparable approach

  Method

  Valuation

  Relative Method

  $405,575

  Geo Method

  $405,575

• Alternative Use

  Use

  Valuation

  Residential

  $482,751

  Hospitality

  $442,197

  Educational

  $367,903

  Medical

  $380,555

  Retail

  $572,293

Location Insight

City

Saint Joseph

County

Buchanan

State

Missouri

Latitude

39.7514

Longitude

-94.8034

CBSA code

41140

CBSA name

ST. JOSEPH, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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