Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3910-3926 Faraon St Saint Joseph, MO 64506
    Back to Search
    Property profile & analytics

    3910-3926 Faraon St Saint Joseph, MO 64506

    View on Map
    • Land
    • 7.39 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 3910-3926 Faraon St

    Lot size
    7.39 lot acres
    Property type
    Land

    Description

    This exceptional 7.39-acre commercial land parcel presents a unique redevelopment opportunity in St. Joseph, Missouri. Strategically located at the signalized intersection of Faraon Street and Woodbine Road, this property boasts high visibility and convenient access. Its proximity to Missouri Western State University (MWSU) and a local hospital ensures a strong potential customer base. The site currently features three houses, a garage, and a shed, offering existing structures that could be repurposed or removed to accommodate new development. Utilities are readily accessible, with a 12-inch water main located north of Faraon Street and an 8-inch water main on the west side of Woodbine Road, extending to Optimum. While current structures utilize septic systems, sewer lines are conveniently located approximately 240 feet from the southwest corner of the property. The property's location near established businesses such as Equity Bank, the Missouri National Guard Armory, a convenience store, and a HyVee shopping center further enhances its appeal. This prime location offers significant potential for a variety of commercial ventures, making it an ideal investment for developers seeking a high-impact project in a thriving community. The asking price for this exceptional property is $1,530,000. The property's address is 3910-3926 Faraon Street, St. Joseph, MO 64506, within Buchanan County.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Saint Joseph
    County
    Buchanan
    State
    Missouri
    Longitude
    -94.7984
    Latitude
    39.7695

    Comparable in this City

    • Value Estimation by Request

      Us-169

      Land
      0 Us-169, Saint Joseph, MO 64506
      View Details
    • Value Estimation by Request

      Pointe Dr

      Land
      0 Pointe Dr, Saint Joseph, MO 64506
      View Details
    • Value Estimation by Request

      2607-09 Ashmat Ln

      Multifamily properties
      2607-09 Ashmat Ln, Saint Joseph, MO 64506
      View Details
    • Value Estimation by Request

      2610-12 Ashmat Ln

      Multifamily properties
      2610-12 Ashmat Ln, Saint Joseph, MO 64506
      View Details
    • Value Estimation by Request

      5423 Pointe Dr

      Land
      5423 Pointe Dr, Saint Joseph, MO 64506
      View Details
    • Value Estimation by Request

      2704 Woodbine Rd

      Land
      2704 Woodbine Rd, Saint Joseph, MO 64506
      View Details

    Similar Nearby for Sale

    • $79,900
      0.87 Acres

      Prime Commercial Land, St. Joseph, MO

      0.87-acre corner lot near I-29.
      2704 Woodbine Rd, Saint Joseph, MO 64506
      View Details
    • New
      $2,200,000
      1.07 Acres

      Retail Building on Belt Highway

      Freestanding retail building with highway frontage and development potential.
      501 N Belt Hwy, St Joseph, MO 64506
      View Details
    • New
      $2,629,281
      20.12 Acres

      Prime Development Land For Sale

      20.12 acres of commercial land in St Joseph, MO.
      4301 N 169 Hwy, St Joseph, MO 64506
      View Details
    • New
      $55,000
      0.29 Acres

      Residential Lot in Stonecrest Villas

      Residential lot in a well-maintained, accessible community.
      5004 Mulberry Ter, St Joseph, MO 64506
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      976 SF

      Executive Suite, Belt Hwy Access

      976 sq ft Office, Prime Location
      3110 Karnes Rd. - Ste, Saint Joseph, MO 64506
      View Details
    • Contact for pricing

      Retail Space with Anchor Tenants

      Retail space anchored by established businesses for lease.
      & Mitchell S Belt Hwy, Saint Joseph, MO 64506
      View Details
    • Contact for pricing
      8,257 SF

      Retail Space Anchored by Grocer

      Retail space available in St. Joseph, Missouri trade area.
      2414 N Belt Hwy, Saint Joseph, MO 64506
      View Details
    • Contact for pricing
      1,284 SF

      Retail Space Near Main Entrance

      Retail space available in a stabilized shopping center.
      5107 N Belt Hwy, Saint Joseph, MO 64506
      View Details
    • Contact for pricing
      1,700 SF

      Retail Space Near Major Retailers

      Retail space with ample parking and visible monument signage.
      5403 N Belt Hwy, Saint Joseph, MO 64506
      View Details
    • Contact for pricing
      2,080 SF

      Retail Space in Northgate Plaza

      Retail space available in a busy St. Joseph shopping center.
      1401-1413 N Belt Hwy, Saint Joseph, MO 64506
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3910-3926 Faraon St
    Saint Joseph, MO 64506
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3910-3926 Faraon St, Saint Joseph, MO, 64506
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!