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    Turnkey Automotive Repair Shop Opportunity Title is generated by Realmo AI

    5508 Pryor Avenue, St Joseph, MO 64504

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    Claim this Listing
    For Sale
    $240,000

    COMMERCIAL - St Joseph, MO

    Lot size:
    0.22 Acres
    Added:
    Jul 16, 2025
    Days on Market:
    308
    Last Refresh:
    May 19 at 4:06 am

    Property Features for 5508 Pryor Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    C3
    Parking
    5
    Parking features
    Garage, Parking Lot
    Interior features
    Private Restroom
    Exterior features
    Storage
    Standard status
    Active
    APN
    06-9.0-31-001-001-088.000
    Lot size
    0.22 Acres

    Taxes and HOA fees

    Tax Description
    SUB:SOUTH ST. JOSEPH TOWN CO 2ND LOT:15 BLK:6 LGL DESC:LOTS 15 & 16
    Tax Annual Amount
    1032

    Utilities

    Utilities
    Natural Gas Available

    Building Details

    Year built
    1970
    Floors in Building
    1
    Additional Structures
    Storage

    We can help!

    Listing Contact
    AgentRoc Group

    Listing agent AgentRoc Group

    Listing office Keller Williams KC North 310 NW Englewood Road Ste No., Kansas City, MO

    Listing date Jul 16, 2025

    MLS# 2562716

    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.

    HighLights

    • Turnkey, fully operational automotive repair shop ready for immediate business.
    • Two separate work areas with 10 ft garage doors on both north and south sides.
    • Climate control throughout with central A/C, gas furnace, and new mini‑split system (installed 2024).
    • Loft area with A/C suitable for office or storage.
    • In‑ground lift included on the center post of the old side of the shop.
    • Metal roof (2017) over the north bay and loft area for durability.

    Overview

    This fully operational automotive repair shop in St Joseph, MO, presents a turnkey opportunity for business owners. The property features two separate work areas, each equipped with 10 ft garage doors on both the north and south sides. The main garage area boasts a 14 ft peak ceiling height. A loft area with air conditioning provides space for an office or storage. Climate control is maintained throughout the building with central air conditioning and a gas furnace, supplemented by a new mini-split system installed on the south side in 2024. The north side benefits from a metal roof installed in 2017 over the north bay and loft area. Air compression is supplied by a 60-gallon compressor on the north side and an 80-gallon compressor on the south side. An in-ground lift is located on the south side. The building has metal siding for durability and includes one bathroom. A shed is also included on the property. Utilities average $300 per month, and a security system is installed with monitoring at $40 per month. The property is zoned C3 and situated on a 0.22-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    George's Auto Shoppe Auto Repair Shop BIG B'S AUTO ... Auto Repair Shop

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • The Tire Shop — 280 Cherokee Ave, St Joseph, MO 64504
    • John Collins South Side Services — 5511 Lake Ave, St Joseph, MO 64504
    • Shirey Birt Garage — 6031 Lake Ave, St Joseph, MO 64504
    • Bennington Auto LLC — 5511 Lake Ave, St Joseph, MO 64504
    • Dusty's Auto Service — 5624 Lake Ave, St Joseph, MO 64504

    Location Insight

    • Map
    • Local Demand
    City
    St Joseph
    County
    Buchanan
    State
    Missouri
    Longitude
    -94.863905
    Latitude
    39.718259

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    FAQs

    What type of property is this?
    Auto shop - Fully operational automotive repair shop for sale in St Joseph.
    Where is this auto shop located?
    The property is located at 5508 Pryor Avenue St Joseph, MO.
    What is the asking price?
    The asking price for this property is $240,000.
    What are key features of this property?
    This property features: Turnkey, fully operational automotive repair shop ready for immediate business.; Two separate work areas with 10 ft garage doors on both north and south sides.; Climate control throughout with central A/C, gas furnace, and new mini‑split system (installed 2024).
    (816) 452-4200
    We can help!
    Listing Contact
    AgentRoc Group
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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