Insulated Warehouse with
1704 Center Street, St Joseph, MO 64503
For Sale
$395,000
Commercial Sale, St Joseph, MO
Property Size4,200 SF
Lot Size0.17 Acres
Price / SF$94.05
Days on Market57
Property Features for 1704 Center Street
General Information
Property type
Property subtype
Zoning
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Subdivision
Standard status
APN
Lot size
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Building Details
Year built
Floors in Building
Listing Agency:
ReeceNichols-KCN · HomeLife
(816) 468-8555
Listed By:
Eric Craig Team
(816) 726-8565
Added: Sep 14
Last Checked: Nov 9 at 7:06AM
MLS# 2641541
Copyright © 2026 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 2000, this warehouse property at 1704 Center Street provides a 60' x 70' open-plan facility with spray-foam insulation and a loft above the office area. Two separate HVAC systems serve the warehouse and offices. The property also includes a security system and forklift, along with one operational garage door. A larger hangar door remains sealed and spray-foamed, with modification required for future access.
The property is located in St. Joseph, Missouri, in Buchanan County, and carries M-2 zoning. Natural gas is available. Its prior use as a promotional advertising and printing facility provides additional context for the existing combination of warehouse, office, storage, and production-oriented features.
The property is located in St. Joseph, Missouri, in Buchanan County, and carries M-2 zoning. Natural gas is available. Its prior use as a promotional advertising and printing facility provides additional context for the existing combination of warehouse, office, storage, and production-oriented features.
Key Highlights
- 60' x 70' warehouse facility built in 2000
- M‑2 zoning with natural gas available
- Spray‑foam insulation throughout the facility
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,291
Cap Rate
4.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$345,820
$345.8K
Cap Rate 7%
$247,014
$247.0K
Cap Rate 9%
$192,122
$192.1K
Market Conditions
NOI Build-Up for 4,200 SF
Gross rent
$29.2K $6.96/SF
− Vacancy
−$2.6K −$0.63/SF
EGI
$26.6K $6.33/SF
− OpEx
−$9.3K −$2.22/SF
NOI
$17.3K $4.12/SF
Area
Buchanan County, MO
Vacancy
9.00%
Lease Rate
$6.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$345,820
Cap Rate 7%
$247,014
Cap Rate 9%
$192,122
Alternative Uses
Best Use
Flex RnD
$247.0K
$216.1K – $288.2K
NOI $17,291 @ 7.0% cap · market cap 4.38%
Second Best
Warehouse
$244.4K
$213.9K – $285.2K
NOI $17,111 @ 7.0% cap · market cap 4.33%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,704 @ 7.0% cap · market cap 22.46%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
174
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 64503, MO
12,127
Population
5,774
Households
2.1
Avg Household Size
39
Median Age
16%
College-Educated
89%
High-School Grad
14.5 sq mi
ZIP Area
836
Density / Sq Mi
$53,351
Median Household Income
$35,439
Median Earnings
$926
Median Rent
$133,500
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Madget Storage — 2425 S 6th St, St Joseph, MO 64501
- U-Pack — 2416 s 10th st, st joseph, mo 64503
- Gage's Fertilizer & Grain. — 1901 S 6th St, St Joseph, MO 64501
Frequently Asked Questions
What type of property is this?
Warehouse - M-2-zoned commercial facility with separate HVAC service for warehouse and office areas, plus a security system and forklift.
Where is this warehouse located?
The property is located at 1704 Center Street St Joseph, MO.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 60' x 70' warehouse facility built in 2000; M‑2 zoning with natural gas available; Spray‑foam insulation throughout the facility
