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    1515 St Joseph Ave Saint Joseph, MO 64505

    Sponsored
    For Lease
    $10 SF/Yr

    Prime Retail/Office, 8,500 SF Available

    Lot size:
    25,652 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional single-story retail or office property, located at 1515 St. Joseph Avenue, boasts 25,652 square feet on a 2.26-acre lot. Currently, 8,500 square feet of space is available for lease, ideal for a variety of uses. The building, constructed in 1975, features a flexible layout allowing for spaces ranging from a minimum of 2,800 square feet to a maximum contiguous space of 8,500 square feet. The property is zoned M-2 and offers ample parking with 35 spaces. Its convenient location at the intersection of St. Joseph Avenue and Middleton Street provides excellent visibility and accessibility. The previous tenant was a medical office, suggesting potential for similar uses. Lease rates are competitive, starting at $12 per square foot plus expenses for smaller spaces, with a discounted rate of $10 per square foot plus expenses for leasing the entire 8,500 square feet. The property's design allows for the potential addition of a drive-thru at the south end of the building, adding further versatility. Annual property taxes are $0.70 per square foot. The APN is 06-3.0-08-002-002-002.000. This property presents a unique opportunity for businesses seeking a prominent location with significant space and potential for customization. The space became available on February 1st, 2022.

    Property Features for 1515 St Joseph Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    25,652 SF
    Total Rate
    21376.67

    Building Details

    Year Built
    1975
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    8,500 SF
    Rate per SF
    $12

    HighLights

    • Retail/Office space totaling 25,652 square feet available for lease.
    • 8,500 square feet of vacant space, divisible into units as small as 2,800 square feet, with a maximum contiguous space of 8,500 square feet.
    • Located at 1515 St. Joseph Ave, at the corner of Middleton St.
    • Single‑story, 25,652 square foot building on a 2.26‑acre lot, built in 1975.
    • 35 parking spaces available. Zoned M‑2. Property taxes are $0.70 per square foot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Saint Joseph
    County
    Buchanan
    State
    Missouri
    Longitude
    -94.8545816
    Latitude
    39.7771409

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    FAQs

    What type of property is this?
    Retail property - Prime Retail/Office, 8,500 SF Available
    Where is this retail property located?
    The property is located at 1515 St Joseph Ave Saint Joseph, MO.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Retail/Office space totaling 25,652 square feet available for lease.; 8,500 square feet of vacant space, divisible into units as small as 2,800 square feet, with a maximum contiguous space of 8,500 square feet.; Located at 1515 St. Joseph Ave, at the corner of Middleton St.
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    Saint Joseph, MO 64505
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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
    1515 St Joseph Ave Saint Joseph, MO 64505
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