Property profile

2911 Belt Hwy Saint Joseph, MO 64503

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional 2,744 square foot commercial property, located at 2911 S Belt Highway, presents a unique investment opportunity. The single-story building sits on a spacious 1.83-acre lot and is zoned C-3, offering versatility for a range of businesses. Currently featuring three pre-leased suites, the owner will construct six additional two-room suites, each ranging from 435 to 585 square feet. These suites are designed for professional use, ideal for businesses such as legal or insurance practices. A proposed floor plan is available for review. Each suite is offered at approximately $25 per square foot, full-service, encompassing utilities and janitorial services. Monthly lease rates are competitive, starting at $900 for a 435 square foot suite and reaching $1200 for a larger 585 square foot suite situated at the front of the building. The property's convenient Belt Highway location ensures high visibility and accessibility. The property's APN is 06-6.0-23-003-000-022.000. This is a turnkey opportunity for investors seeking a strong return on investment in a high-traffic area. The existing leases provide immediate income, while the potential for additional leasing ensures long-term profitability. Don't miss this chance to acquire a well-positioned commercial property with significant upside.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office
  • Physician

Location

2911 Belt Hwy Saint Joseph, MO 64503
Saint Joseph metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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