Medical Office with Solar
2111 N Woodbine Road, St Joseph, MO 64506
For Sale
New
$2,300,000
Commercial Sale, St Joseph, MO
Property Size8,185 SF
Lot Size2.30 Acres
Price / SF$281
Days on Market5
Property Features for 2111 N Woodbine Road
General Information
Property type
Property subtype
Zoning
Parking features
Directions
Subdivision
Standard status
APN
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Annual Amount
Utilities
Utilities
Amenities
rooftop solar panels
Building Details
Year built
Floors in Building
Buildings
Listing Agency:
BHHS Stein & Summers Real Estate · Berkshire Hathaway HomeServices
Listed By:
Adam Stein · License MO BR00233131
(816) 232-2000
Added: Nov 5
Last Checked: Nov 9 at 9:06PM
MLS# 2650555
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 2003, this 8,185-square-foot medical office occupies a 2.30-acre parcel and is arranged on one level. Rooftop solar panels complement a clinical layout with an operating room, procedure room, six exam rooms, four patient bays, and four dressing areas. The building also has a lobby and reception area, two private physician offices, staff workstations, two locker rooms, a breakroom, and storage throughout.
A parking lot serves the property, and water is available. The site is zoned C-3.
A parking lot serves the property, and water is available. The site is zoned C-3.
Key Highlights
- 8,185‑square‑foot medical office on 2.30 acres
- Rooftop solar panels
- Operating room, procedure room, and 6 patient exam rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$113,149
Cap Rate
4.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,262,980
$2.3M
Cap Rate 7%
$1,616,414
$1.6M
Cap Rate 9%
$1,257,211
$1.3M
Market Conditions
NOI Build-Up for 8,185 SF
Gross rent
$188.6K $23.04/SF
− Vacancy
−$37.7K −$4.61/SF
EGI
$150.9K $18.43/SF
− OpEx
−$37.7K −$4.61/SF
NOI
$113.1K $13.82/SF
Area
Buchanan County, MO
Vacancy
20.00%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,262,980
Cap Rate 7%
$1,616,414
Cap Rate 9%
$1,257,211
Alternative Uses
Best Use
Office B
$1.62M
$1.41M – $1.89M
NOI $113,149 @ 7.0% cap · market cap 4.92%
Second Best
Healthcare Medical
$1.43M
$1.25M – $1.66M
NOI $99,757 @ 7.0% cap · market cap 4.34%
Theoretical Best
Office A
$2.47M
$2.16M – $2.88M
NOI $172,867 @ 7.0% cap · market cap 7.52%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
941
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 64506, MO
22,828
Population
9,820
Households
2.3
Avg Household Size
42
Median Age
33%
College-Educated
91%
High-School Grad
10.0 sq mi
ZIP Area
2,283
Density / Sq Mi
$61,713
Median Household Income
$38,832
Median Earnings
$908
Median Rent
$220,500
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Similar Off Market Nearby
- East Hills Veterinary Clinic — 3819 Frederick Ave, St Joseph, MO 64506
Frequently Asked Questions
What type of property is this?
Medical Office Space - A C-3-zoned, single-level facility includes patient-care rooms, staff areas, and a dedicated parking lot.
Where is this medical office space located?
The property is located at 2111 N Woodbine Road St Joseph, MO.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 8,185‑square‑foot medical office on 2.30 acres; Rooftop solar panels; Operating room, procedure room, and 6 patient exam rooms
