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    4774 Verona Dr Saint Joseph, MO 64506

    For Sale
    Contact for pricing

    Prime St. Joseph, MO development land.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 31.43-acre commercial development opportunity is located in the thriving Tuscany Village, situated at the high-traffic intersection of I-29 and N 169 Hwy, exit #50, in St. Joseph, Missouri (zip code 64506). The property, zoned Planned, offers a variety of lot sizes ranging from 1 to 10 acres, providing flexibility for various development projects. Eight individual lots are available, priced competitively from $10 to $13 per square foot, depending on size and location. Several lots boast desirable I-29 frontage, making them particularly suitable for restaurants and businesses seeking high visibility. A larger, 20.65-acre parcel is also available for purchase as a single unit, priced at $3 per square foot, presenting an ideal opportunity for large-scale multi-family or retail development. The land is suitable for a range of commercial uses, including restaurants, office spaces, and retail establishments. This prime location offers unparalleled access to major transportation arteries, ensuring high traffic volume and excellent exposure for any business. The property's overall price per acre is $0.38. This is a rare chance to acquire land in a rapidly growing area with significant potential for return on investment. Serious inquiries are encouraged.

    Property Features for 4774 Verona Dr

    General Information

    Property type
    Restaurants
    Lot Size
    1,369,091 SF

    HighLights

    • Asking Price: $12,000,000.
    • Lots available at I‑29 & N 169 Hwy, priced $10-$13 per square foot.
    • Lot sizes range from 1 to 10 acres.
    • 20.65‑acre parcel available, potentially as a single lot, priced at $3 per square foot.
    • Total acreage available: 31.43 acres.
    • Wetland acreage: Undisclosed.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Saint Joseph
    County
    Buchanan
    State
    Missouri
    Longitude
    -94.81783
    Latitude
    39.77728

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    FAQs

    What type of property is this?
    Restaurant - Prime St. Joseph, MO development land.
    Where is this restaurant located?
    The property is located at 4774 Verona Dr Saint Joseph, MO.
    What are key features of this property?
    This property features: Asking Price: $12,000,000.; Lots available at I-29 & N 169 Hwy, priced $10-$13 per square foot.; Lot sizes range from 1 to 10 acres.
    (816) 390-7478
    Request Owner's contact information
    4774 Verona Dr Saint Joseph, MO 64506
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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
    4774 Verona Dr Saint Joseph, MO 64506
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