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    3110 Karnes Rd Saint Joseph, MO 64506

    For Sale
    $1,100,000

    Multi-tenant medical/office building, high visibility.

    Property size:
    11,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This two-story, 11,400 square foot Class B office building, located at 3110 Karnes Rd, Saint Joseph, MO 64506, presents a compelling investment opportunity. Built in 1984 on a 0.94-acre lot, the property features seven units across one building, currently housing four tenants with 57% occupancy. The modified lease structure offers flexibility. The asking price is $1,100,000, translating to $96.49 per square foot. Situated at the intersection of Karnes and Ashland Roads, this location boasts high visibility in a thriving commercial area. Ample parking is available, and the building is fully ADA compliant, including elevator access to the second floor. The property's commercial zoning allows for diverse uses, making it suitable for owner-occupancy or leasing for investment purposes. This presents a unique chance to acquire a well-positioned asset in a growing market. The property's multi-tenant structure provides a diversified income stream, while the existing vacancies offer potential for increased revenue. Don't miss this chance to own a piece of prime Saint Joseph real estate.

    Property Features for 3110 Karnes Rd

    General Information

    Property type
    Medical offices
    Square Feet
    11,400 SF
    Class
    B
    Lot Size
    40,946 SF

    Building Details

    Year Built
    1984
    Buildings
    1
    Stories
    2
    Units
    7

    HighLights

    • $1,100,000 asking price for an 11,400 SF office complex in Saint Joseph, MO.
    • Class B, multi‑tenant (4 tenants) medical and traditional office building with 57% occupancy.
    • Located at 3110 Karnes Rd, Saint Joseph, MO 64506, on a 0.94‑acre lot with high visibility.
    • Features 7 units across 2 stories, built in 1984, with ample parking and ADA compliance.
    • Modified lease terms, $96.49/SF.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Alliance Insurance Group ... Auto Insurance Agency Thor Motor Coach Rv Dealer Vector Marketing Corporate Office Tax Services of Northwest ... Tax Preparation

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Saint Joseph
    County
    Buchanan
    State
    Missouri
    Longitude
    -94.817181291929
    Latitude
    39.799327350046

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    FAQs

    What type of property is this?
    Medical office - Multi-tenant medical/office building, high visibility.
    Where is this medical office located?
    The property is located at 3110 Karnes Rd Saint Joseph, MO.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: $1,100,000 asking price for an 11,400 SF office complex in Saint Joseph, MO.; Class B, multi-tenant (4 tenants) medical and traditional office building with 57% occupancy.; Located at 3110 Karnes Rd, Saint Joseph, MO 64506, on a 0.94-acre lot with high visibility.
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    3110 Karnes Rd Saint Joseph, MO 64506
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