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Medical Center on Large Lot

3111 N Belt Highway, St Joseph, MO 64506

For Sale
$399,000
Pending

Commercial Sale, St Joseph, MO

Property Size2,496 SF
Lot Size0.70 Acres
Days on Market307

Property Features for 3111 N Belt Highway

General Information

Property type Commercial Sale
Property subtype Office
Zoning C-3
Parking features Parking Lot
Directions From I-29, exist at Frederick Ave. West on Frederick Ave to Belt Hwy. North on Belt Hwy to property on east side of street between Gene Field & Cook Rd.
Subdivision 1132 - Buchanan Co NW-N=Co Line;S=I-36;E=I-29;W=M
Standard status Pending
APN 03-8.0-34-004-000-026.000
Lot size 0.70 Acres

Taxes and HOA fees

Tax Annual Amount 6608

Utilities

Utilities Water Available

Building Details

Year built 1967
Floors in Building 1
Listing Agency: BHHS Stein & Summers Real Estate · Berkshire Hathaway HomeServices
Listed By: RAY SISSON · License MO #1999020688
Added: Jan 8 Changed: Oct 20 Last Checked: Nov 10 at 11:06PM
MLS# 2595421

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.

Rey
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Investment Insights

Based on property information with market context.

The property includes a 2,496-square-foot veterinary clinic building constructed in 1967. The site provides a parking lot and 0.7 acres of land, with water available and C-3 zoning.

Located at 3111 N Belt Highway in St. Joseph, the building sits in front of Genesis Health Club along the Belt Highway. The property combines an existing healthcare-oriented facility with a sizable commercial site and established parking area.

Key Highlights

  • 2,496‑square‑foot veterinary clinic building
  • 0.7‑acre site with parking lot
  • C‑3 zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,505
Cap Rate
8.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$690,100 $690.1K
Cap Rate 7%
$492,929 $492.9K
Cap Rate 9%
$383,389 $383.4K
Market Conditions
NOI Build-Up for 2,496 SF
Gross rent
$57.5K $23.04/SF
− Vacancy
−$11.5K −$4.61/SF
EGI
$46.0K $18.43/SF
− OpEx
−$11.5K −$4.61/SF
NOI
$34.5K $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%
$690,100
Cap Rate 7%
$492,929
Cap Rate 9%
$383,389

Alternative Uses

Best Use
Office B
$492.9K
$431.3K – $575.1K (±1% cap)
NOI $34,505 @ 7.0% cap · market cap 8.65%
Second Best
Healthcare Medical
$434.6K
$380.3K – $507.0K (±1% cap)
NOI $30,421 @ 7.0% cap · market cap 7.62%
Theoretical Best
Office A
$753.1K
$659.0K – $878.6K (±1% cap)
NOI $52,716 @ 7.0% cap · market cap 13.21%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Green Hills Animal ... Kennel & Boarding Facility

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Restaurant Auto Repair Shop Storage Facility HVAC Service

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
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

461
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Medical center - Veterinary clinic building with parking and C-3 zoning.
Where is this medical center located?
The property is located at 3111 N Belt Highway St Joseph, MO.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 2,496‑square‑foot veterinary clinic building; 0.7‑acre site with parking lot; C‑3 zoning
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