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    Property profile & analytics

    128 Park Ln Saint Joseph, MO 64506

    • Commercial real estate
    For Sale
    View listing
    $1,050,000
    Value Estimation
    Location Intelligence
    Property ID
    US48-2339445
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Parklane Apartments / Apartment Building

    Property Details for 128 Park Ln

    Year built
    1920
    Property type
    Commercial real estate

    Description

    This exceptional investment opportunity presents a 32-unit apartment complex located at 128-148 Park Lane, St. Joseph, Missouri, 64506. The property, built in 1920, comprises six attractive buildings featuring classic red brick veneer, situated on a substantial 21,648 square foot lot. The complex consists of 16 studio and 16 one-bedroom apartments, spread across two stories. A significant renovation project has already been undertaken by the current owner, encompassing major upgrades to the plumbing and electrical systems in most units. All buildings boast new TPO roofing, and some units feature newly installed windows. Each unit benefits from its own electric meter, ensuring tenants are responsible for their electricity costs. Water is handled differently

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Saint Joseph
    County
    Buchanan
    State
    Missouri
    Longitude
    -94.8333481
    Latitude
    39.7775407

    Comparable in this City

    • $2,200,000
      1.07 Acres

      Freestanding Retail Building on Belt Highway

      2,502 SF retail building on 1.07 acres.
      501 N Belt Hwy, St Joseph, MO 64506
      View Details
    • $930,728
      1,500 SF

      St. Joseph Oil Changers Investment

      NNN leased Oil Changers with corporate guarantee for sale.
      3717 Sherman Ave, Saint Joseph, MO 64506
      View Details
    • $1,425,000
      27,225 SF

      Prime St. Joseph Retail Investment

      Multi-Tenant Value-Add Opportunity
      3603 Frederick Ave, Saint Joseph, MO 64506
      View Details
    • $810,869

      Prime St. Joseph Commercial Land

      High-visibility lot, ideal for development.
      2 Pointe Dr, Saint Joseph, MO 64506
      View Details
    • $331,056

      St. Joseph Commercial Land Opportunity

      Prime Commercial Land, High Visibility
      5411 Pointe Dr, Saint Joseph, MO 64506
      View Details
    • $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

    Similar Nearby for Sale

    • $930,728
      1,500 SF

      St. Joseph Oil Changers Investment

      NNN leased Oil Changers with corporate guarantee for sale.
      3717 Sherman Ave, Saint Joseph, MO 64506
      View Details
    • $2,200,000
      1.07 Acres

      Freestanding Retail Building on Belt Highway

      2,502 SF retail building on 1.07 acres.
      501 N Belt Hwy, St Joseph, MO 64506
      View Details
    • $375,000
      1.29 Acres

      Beck Road Commercial Land - St. Joseph, MO

      1.29-acre commercial lot near Price Chopper.
      3800 Beck Rd, Saint Joseph, MO 64506
      View Details
    • $1,168,279

      St. Joseph Commercial Land Opportunity

      Prime Commercial Land, High Visibility
      0 Pointe Dr, Saint Joseph, MO 64506
      View Details
    • $1,300,000

      Prime St. Joseph Office Building

      13,200 SF Executive Office Space - Sale/Lease
      2700 Belt Hwy, Saint Joseph, MO 64506
      View Details
    • $186,000
      0.57 Acres

      Prime Commercial Land, St. Joseph, MO

      Build-ready commercial lot near major retailers.
      5421 Pointe Lot 2B Rd, Saint Joseph, MO 64506
      View Details

    Similar Nearby for Lease

    • $120 SF/Yr
      1,042 SF

      Prime St. Joseph Office Space

      1,042 sq ft Office, Great Location
      2335 Belt Ste C Hwy, Saint Joseph, MO 64506
      View Details
    • $22 SF/Yr
      52,272 SF

      Retail Building To Be Built

      Retail building to be built in 2025, St Joseph, MO
      4720 Rochester Rd, St Joseph, MO 64506
      View Details
    • $18 SF/Yr
      363 SF

      Karnes Road Executive Suite

      Prime 363 sq ft office, Saint Joseph, MO
      3110 Saint Joseph Mo 64506, Saint Joseph, MO 64506
      View Details
    • $1,500 /Mo
      8,120 SF

      St Joseph Office Space For Rent

      Lower-level office space on corner lot, excellent visibility.
      2401 Frederick Ave, St Joseph, MO 64506
      View Details
    • $18 SF/Yr
      72,310 SF

      Retail Space on Belt Highway

      Retail space available in a centrally located St. Joseph center.
      1209 N Belt Hwy, St Joseph, MO 64506
      View Details
    • $14 SF/Yr
      5,000 SF

      Historic St. Joseph Office Suite

      Move-in ready office, utilities included.
      3500 Village Dr, Saint Joseph, MO 64506
      View Details
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    128 Park Ln
    Saint Joseph, MO 64506
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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
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