1713 Colhoun StSaint Joseph, MO 64501

Property Details for 1713 Colhoun St

Year built

1996

Property size (Sq ft)

1,800 SF

Zone code

CITY

Property type

Office properties

APN

06-2.0-09-002-002-036.000

APU

62009002002036000

Description

This exceptional commercial property in St. Joseph, Missouri, presents a unique investment opportunity. Located at 1713 Colhoun Street, zip code 64501, this property consists of three buildings situated on a spacious 17,500 square foot lot. The main office building, constructed in 1985, offers 1,800 square feet of versatile space, including a dedicated conference room. This building is all-electric and features its own separate meter. Two additional buildings, also on separate electric meters, provide an extra 1,928 square feet of usable space. These buildings include office areas and a garage, complemented by a separate pole barn with a large overhead door, ideal for storage or specialized uses. The property is a single-story structure, offering convenient access and functionality. This complex is perfect for a business seeking ample space and flexibility, with the potential for multiple uses or expansion. The asking price is $260,000. This is a rare opportunity to acquire a well-established commercial property in a desirable location. The property is situated in Buchanan County, Missouri.

• CAP approach

  CAP return

  Valuation

  6%

  $337,406

  6.5%

  $311,452

  7%

  $289,205

• Comparable approach

  Method

  Valuation

  Relative Method

  $128,754

  Geo Method

  $128,754

• Alternative Use

  Use

  Valuation

  Residential

  $386,200

  Hospitality

  $353,758

  Educational

  $294,322

  Medical

  $304,444

  Retail

  $457,834

Location Insight

City

Saint Joseph

County

Buchanan

State

Missouri

Latitude

39.7742

Longitude

-94.8396

CBSA code

41140

CBSA name

ST. JOSEPH, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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