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    1305 Riverside Rd Saint Joseph, MO 64507

    For Sale
    $485,000

    One-acre development lot near hospital & university.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.04-acre commercial lot is ideally situated at 1305 S Riverside Road in St. Joseph, Missouri, zip code 64507. Located in the thriving Mitchell Woods Business Park, this property offers unparalleled access to high-traffic areas, including proximity to a major hospital and university. The lot is zoned CP-3 planned commercial and is part of a larger parcel, subject to a minor subdivision. It benefits from its location near established businesses such as Speedy's, HNB Bank, Nodaway Valley Bank, and Family Center Farm and Home, as well as the Corporate Woods Industrial Park. The property is subject to the covenants and restrictions of Mitchell Woods Business Park, which includes an annual fee (amount to be determined for this specific lot). Central retention is available within the park. Easements for ingress and egress are available. Annual property taxes are to be determined. This is a remarkable opportunity for developers seeking a prime location with excellent visibility and access to a diverse customer base. The asking price for this exceptional property is $485,000.

    Property Features for 1305 Riverside Rd

    General Information

    Property type
    Land
    Lot Size
    45,302 SF

    HighLights

    • 1.04‑acre commercial lot in St. Joseph, MO (64507).
    • Located in Mitchell Woods Business Park, near a hospital and university.
    • Zoned CP‑3 planned commercial; part of a larger parcel, subject to subdivision.
    • Excellent visibility and access; near established businesses.
    • Subject to Mitchell Woods Business Park covenants, restrictions, and annual fee; central retention available.
    • Asking price: $485,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Spa & Massage Law Firm Wholesale Shop Auto Repair Shop Clothing Store Auto Parts Store Gym & Fitness Department 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
    -94.7680495
    Latitude
    39.7539843

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    FAQs

    What type of property is this?
    Land - One-acre development lot near hospital & university.
    Where is this land located?
    The property is located at 1305 Riverside Rd Saint Joseph, MO.
    What is the asking price?
    The asking price for this property is $485,000.
    What are key features of this property?
    This property features: 1.04-acre commercial lot in St. Joseph, MO (64507).; Located in Mitchell Woods Business Park, near a hospital and university.; Zoned CP-3 planned commercial; part of a larger parcel, subject to subdivision.
    (816) 390-7478
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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
    1305 Riverside Rd Saint Joseph, MO 64507
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