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0 Us-169 Saint Joseph, MO 64506

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Property ID

Property summary

AI-generated overview

This exceptional 7.17-acre commercial development site is located at the northwest corner of N 169 Hwy and N Village Dr in St. Joseph, Missouri, zip code 64506. The property, Lot 1, encompasses 55,275 square feet (approximately 1.27 acres) and is priced at $718,500, or $167,364.02 per acre. It boasts a highly desirable C-3 zoning, making it ideal for a variety of commercial uses. The site benefits from excellent visibility and accessibility, situated near the Shoppes at North Village and the I-29 interchange with N 169 Hwy. The seller has already acquired adjacent land on N Village Dr, enhancing visibility from that major thoroughfare. This presents a unique opportunity for a multi-lot commercial development. To ensure compatibility with surrounding businesses, the seller will include deed restrictions for a convenience store/gas station upon closing. Public sewer lines are conveniently located 275 feet away at the southwest corner of N 169 Hwy and N Village Dr. The parcel ID is 03-8.0-27-004-000-003.000. This property offers significant potential for investors seeking a high-impact commercial development opportunity in a thriving retail area. Detailed utility, zoning, and topographical information is available upon request.

Property profile

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Property type Land

Cap rate & NOI

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Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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