Freestanding Office
New
For Sale
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4903 King Hill Avenue, St Joseph, MO 64504
Commercial Sale, St Joseph, MO
Property Size864 SF
Lot Size0.13 Acres
Price / SF$11.57
Days on Market3
Property Features for 4903 King Hill Avenue
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
C3
Parking
10
Parking features
Parking Lot
Directions
Take I-29 N to I-229 N exit towards Downtown St Joseph, Take exit 4 for E Lake Blvd, Turn left onto E lake Blvd, Turn left onto King Hill Ave, Destination will be on your left at the corner of King Hill Ave & E Kansas Ave
Subdivision
1131 - Buchanan Co SW-N=I-36;S=Co Line;E=I-29;W=M
Standard status
Active
APN
069029003002189000
Lot size
0.13 Acres
Taxes and HOA fees
Tax Description
SUB:WIDMAN'S LOT:1 BLK:5 LGL DESC:& L 2
Tax Annual Amount
1478
Legal Description
SUB:WIDMAN'S LOT:1 BLK:5 LGL DESC:& L 2
Utilities
Utilities
Water Available
Building Details
Year built
1970
Floors in Building
1
Listing Agency:
Cates Auction & Realty Co Inc
(816) 781-1134
Listed By:
Cambridge Cates
(816) 606-7051
Added: Oct 22
Last Checked: Oct 24 at 6:06PM
MLS# 2648376
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.
This freestanding office building offers 864± square feet on a 0.13±-acre parcel. Its interior includes a reception and waiting area, service counter, several private offices, and a restroom. The metal roof was replaced in December 2024, and the property has a paved parking area. Public water is available.
Located at 4903 King Hill Avenue in St. Joseph, the property is zoned C3. Office, retail, and service-oriented uses may be considered subject to city requirements.
Located at 4903 King Hill Avenue in St. Joseph, the property is zoned C3. Office, retail, and service-oriented uses may be considered subject to city requirements.
Key Highlights
- 864± square feet on a 0.13±-acre lot
- Reception and waiting area, service counter, private offices, and restroom
- Metal roof replaced in December 2024
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,944
Suggested Prices Based on Cap Rates
Cap Rate 5%
$238,880
$238.9K
Cap Rate 7%
$170,629
$170.6K
Cap Rate 9%
$132,711
$132.7K
Market Conditions
NOI Build-Up for 864 SF
Gross rent
$19.9K $23.04/SF
− Vacancy
−$4.0K −$4.61/SF
EGI
$15.9K $18.43/SF
− OpEx
−$4.0K −$4.61/SF
NOI
$11.9K $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%
$238,880
Cap Rate 7%
$170,629
Cap Rate 9%
$132,711
Alternative Uses
Best Use
Office B
$170.6K
$149.3K – $199.1K
NOI $11,944 @ 7.0% cap · market cap 119.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$260.7K
$228.1K – $304.1K
NOI $18,248 @ 7.0% cap · market cap 182.50%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
201
Businesses Nearby
Explore this area
Business Placement
Demographics for 64504, MO
10,033
Population
4,431
Households
2.3
Avg Household Size
41
Median Age
13%
College-Educated
83%
High-School Grad
47.0 sq mi
ZIP Area
213
Density / Sq Mi
$55,300
Median Household Income
$36,397
Median Earnings
$918
Median Rent
$115,100
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - C3 zoning and a private-office layout support a range of commercial functions, subject to city requirements.
Where is this office building located?
The property is located at 4903 King Hill Avenue St Joseph, MO.
What are key features of this property?
This property features: 864± square feet on a 0.13±-acre lot; Reception and waiting area, service counter, private offices, and restroom; Metal roof replaced in December 2024
