3110 Karnes Rd, Saint Joseph, MO 64506
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.
-
Alliance Insurance Group - Dusty Summers Agency Insurance Agency
-
Thor Motor Coach Car Dealership
-
Vector Marketing Corporate Office
-
Tax Services of Northwest Missouri Inc. Accounting Firm Tax Preparation
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.