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Glass-Front Showroom Property
New
For Sale
$1,100,000

1710 S Belt Highway, St Joseph, MO 64507

Commercial Sale, St Joseph, MO

Property Size3,592 SF
Lot Size1.30 Acres
Price / SF$306.24
Days on Market2

Property Features for 1710 S Belt Highway

General Information

Property type Commercial Sale
Property subtype Retail
Zoning C-3
Parking features Parking Lot
Interior features Private Restroom, Public Restroom
Exterior features Pole Sign
Directions From North Woodbine Road, take Mitchell Avenue to South Belt Highway.
Subdivision 1132 - Buchanan Co NW-N=Co Line;S=I-36;E=I-29;W=M
Standard status Active
APN 06-6.0-14-003-002-042.001
Lot size 1.30 Acres

Taxes and HOA fees

Tax Description 14-57-35SW SUB: LOT: BLK: LGL DESC:BEG 685' E & 865' N OF SW COR OF 1/4 SEC TH N 302' E 107.95' TO W ROW OF BELT HWY TH S ALG W ROW/L 298' TH W 150' TO POB SUBJECT TO EASEMENTS & OPTIONS OF RECORD
Tax Annual Amount 5897
Legal Description 14-57-35SW SUB: LOT: BLK: LGL DESC:BEG 685' E & 865' N OF SW COR OF 1/4 SEC TH N 302' E 107.95' TO W ROW OF BELT HWY TH S ALG W ROW/L 298' TH W 150' TO POB SUBJECT TO EASEMENTS & OPTIONS OF RECORD

Utilities

Utilities Water Available

Amenities

glass showroom
office space
parking lot
unfinished lower level
garage with drive-in door

Building Details

Year built 1960
Floors in Building 1
Listing Agency: BHHS Stein & Summers Real Estate · Berkshire Hathaway HomeServices
Listed By: Adam Stein · License #BR00233131
Added: Sep 4 Last Checked: Sep 5 at 2:06PM
MLS# 2640542

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.

Investment Insights

Based on property information with market context.

This showroom property includes approximately 3,592 square feet on two parcels totaling approximately 1.3 acres. The main level combines a glass-front display area with office space, while an unfinished lower level provides additional storage. Private and public restrooms are included, along with a pole sign and a parking lot. The configuration supports showroom-oriented retail, auto sales, and other commercial uses described for the property.

A rear garage provides vehicle access through a drive-in door. The property is positioned on South Belt Highway in St Joseph, Missouri, and has water available. Built in 1960, the site is zoned C-3 and includes space for customer, employee, or fleet parking.

Key Highlights

  • Approximately 3,592 square feet on two parcels totaling approximately 1.3 acres
  • Glass‑front showroom with office space on the main level
  • Unfinished lower level provides additional storage

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$33,890
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.08%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$677,800 $677.8K
Cap Rate 7%
$484,143 $484.1K
Cap Rate 9%
$376,556 $376.6K
Market Conditions
NOI Build-Up for 3,592 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$50.4K $14.04/SF
− Vacancy
−$2.0K −$0.56/SF
EGI
$48.4K $13.48/SF
− OpEx
−$14.5K −$4.04/SF
NOI
$33.9K $9.43/SF
Area
Buchanan County, MO
Vacancy
4.00%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$677,800
Cap Rate 7%
$484,143
Cap Rate 9%
$376,556

Alternative Uses

Best Use
Retail
$484.1K
$423.6K – $564.8K (±1% cap)
NOI $33,890 @ 7.0% cap · market cap 3.08%
Second Best
Industrial
$172.2K
$150.7K – $200.9K (±1% cap)
NOI $12,052 @ 7.0% cap · market cap 1.10%
Theoretical Best
Office A
$1.08M
$948.3K – $1.26M (±1% cap)
NOI $75,863 @ 7.0% cap · market cap 6.90%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Hilltop Motors Car Dealership

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

264
Businesses Nearby
Under-served
Demand for This Use

Demographics for 64507, MO

14,133
Population
6,017
Households
2.3
Avg Household Size
34
Median Age
23%
College-Educated
91%
High-School Grad
55.8 sq mi
ZIP Area
253
Density / Sq Mi
$63,014
Median Household Income
$35,058
Median Earnings
$890
Median Rent
$134,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Showroom - Commercial showroom with office space, dedicated parking, lower-level storage, and drive-in vehicle access.
Where is this showroom located?
The property is located at 1710 S Belt Highway St Joseph, MO.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Approximately 3,592 square feet on two parcels totaling approximately 1.3 acres; Glass‑front showroom with office space on the main level; Unfinished lower level provides additional storage
More about this property
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