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    4720 Rochester Rd Saint Joseph, MO 64506

    For Lease
    $264 SF/Yr

    New 10,800 SF Retail Space, Prime Location

    Lot size:
    10,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 10,800 square foot retail building presents a unique investment opportunity in St. Joseph, Missouri. Scheduled for completion in 2025, this single-tenant property sits on a 1.2-acre lot and is zoned C-3, allowing for a variety of retail uses. The building will feature approximately six suites, ranging from 1800 square feet and larger, offering flexibility for various tenants. The property's strategic location on Rochester Road (US Hwy 169) ensures high visibility and accessibility, with over 14,000 vehicles passing daily. Furthermore, its proximity to I-29, boasting over 40,000 vehicles daily, and its location within a half-mile of the Shoppes at North Village, guarantees significant foot traffic and exposure. This triple net lease property offers a compelling net return of approximately $5.00 per square foot, making it an attractive investment for discerning buyers. The property's APN is 03-8.0-27-004-000-003.000. This is a ground-level, single-story building offering excellent visibility and convenient access for customers. Don't miss this chance to secure a prime retail space in a thriving commercial area.

    Property Features for 4720 Rochester Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,800 SF

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Size
    10,800 SF
    Rate per SF
    $264

    HighLights

    • New 10,800 SF retail building in St. Joseph, MO, completing in 2025.
    • Single‑tenant, 1.2‑acre lot, C‑3 zoning.
    • Six suites, approximately 1800 SF and larger.
    • High‑traffic location on US Hwy 169 (Rochester Rd), over 14,000 vehicles daily, near I‑29 (40,000+ vehicles daily) and Shoppes at North Village.
    • Triple net lease with a projected $5.00/SF net return.
    • APN: 03‑8.0‑27‑004‑000‑003.000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing 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
    -94.8077289
    Latitude
    39.8109925

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    FAQs

    What type of property is this?
    Retail property - New 10,800 SF Retail Space, Prime Location
    Where is this retail property located?
    The property is located at 4720 Rochester Rd Saint Joseph, MO.
    What is the lease rate?
    The lease rate is $264 SF/Yr.
    What are key features of this property?
    This property features: New 10,800 SF retail building in St. Joseph, MO, completing in 2025.; Single-tenant, 1.2-acre lot, C-3 zoning.; Six suites, approximately 1800 SF and larger.
    Request Owner's contact information
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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
    4720 Rochester Rd Saint Joseph, MO 64506
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