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    3500 Waterworks Rd Saint Joseph, MO 64505

    Sponsored
    For Sale
    $475,000

    6-Acre Industrial Riverfront Property

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6-acre commercial land parcel in Saint Joseph, Missouri, boasts 400 feet of prime Missouri River frontage. Located at 3500 Waterworks Rd, Buchanan County, ZIP 64505, this M-2 heavy industrial zoned property offers significant development potential. The asking price is $475,000, translating to $75,000 per acre. Significant site preparation has already been completed, with 2500 loads of dirt delivered, elevating much of the property above the 500-year flood plain. All city utilities, including water and electricity, are readily available at the site. The property includes an undivided half interest in a 600-foot by 50-foot road easement from Waterworks Rd, and sewer lines are accessible via Waterworks Rd. This property is ideal for various recreational uses and presents a unique opportunity. There's also the potential to combine this parcel with an adjacent 29.7-acre tract to the south, creating an even larger development opportunity. APN: 03-9.0-31-003-000-025.002.

    Property Features for 3500 Waterworks Rd

    General Information

    Property type
    Land
    Lot Size
    261,360 SF

    HighLights

    • 400 feet of Missouri River frontage.
    • City utilities available on‑site.
    • Potential for combination with adjacent 29.7‑acre parcel to the south.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Storage Facility Bar & Pub Cafe & Coffee Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Saint Joseph
    County
    Buchanan
    State
    Missouri
    Longitude
    -94.87424256
    Latitude
    39.79618598

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    FAQs

    What type of property is this?
    Land - 6-Acre Industrial Riverfront Property
    Where is this land located?
    The property is located at 3500 Waterworks Rd Saint Joseph, MO.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: 400 feet of Missouri River frontage.; City utilities available on-site.; Potential for combination with adjacent 29.7-acre parcel to the south.
    (816) 390-7478
    Request Owner's contact information
    3500 Waterworks Rd Saint Joseph, MO 64505
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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
    3500 Waterworks Rd Saint Joseph, MO 64505
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