2402 N Woodbine Rd, Saint Joseph, MO 64506
Two-story office building in St. Joseph, MO, fully leased.
- Added:
- Dec 13, 2023
- Days on Market:
- 927
- Last Refresh:
- May 12 at 9:41 pm
Property Features for 2402 N Woodbine Rd
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Property subtype
- Office
Building Details
- Year Built
- 1992
Listing office Evans Realty LLC
Listing date Dec 13, 2023
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Evans Realty LLC
HighLights
- Entirely leased with stable tenants, providing a favorable rate of return.
- Great location on the corner of Woodbine and Beck Road.
- Two‑story building with walk‑out level parking on both sides.
- Located at two addresses: 3915 Beck Road and 2402 N. Woodbine Road.
- New inspection report available upon request.
- Cosmetic repairs have been completed.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $230.4k | $23.04 |
| − Vacancy | −$46.1k | −$4.61 |
| EGI | $184.3k | $18.43 |
| − OpEx | −$46.1k | −$4.61 |
| NOI | $138.2k | $13.82 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Saint Joseph
- County
- Buchanan
- State
- Missouri
- Longitude
- -94.796937
- Latitude
- 39.790206
