3910-3926 Faraon St, Saint Joseph, MO 64506
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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