Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    10367 Blf Tract 2 Rd Saint Joseph, MO 64504

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    10367 Blf Tract 2 Rd Saint Joseph, MO 64504

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

    Current Use by Public Records

    • Land

    Property Details for 10367 Blf Tract 2 Rd

    Lot size
    19.05 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 19.05-acre agricultural property in Buchanan County, Missouri, presents a rare opportunity to own a piece of breathtaking natural beauty. Located just off Highway 59, between Rushville and St. Joseph (zip code 64504), this land boasts rolling pastures, stunning wooded bluffs overlooking the Missouri River valley, and abundant timber, including many hardwoods. The property offers multiple fantastic building sites, ideal for a weekend retreat, hunting cabin, or a peaceful homestead. Enjoy the serenity and spectacular views, enhanced by its border with the Bluff Woods Conservation Area, ensuring privacy and tranquility. A recent survey has been completed, clearly marking the boundaries. Paved access provides convenient entry to the property. The asking price for this remarkable parcel is $159,750. This is a truly unique opportunity to own a significant tract of land with exceptional views and potential. Please respect the property and do not enter without prior arrangement.

    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
    -94.9176
    Latitude
    39.6647

    Comparable in this City

    • Value Estimation by Request
      42.00 Acres

      11100 Lower Dekalb Rd

      Farms • 42.00 Acres
      11100 Lower Dekalb Rd, Saint Joseph, MO 64504
      View Details
    • Value Estimation by Request
      37.85 Acres

      2310 Alabama St

      Distribution properties • 37.85 Acres
      2310 Alabama St, Saint Joseph, MO 64504
      View Details
    • Value Estimation by Request
      154.00 Acres

      Jj Hwy

      Farms • 154.00 Acres
      0 Jj Hwy, Saint Joseph, MO 64504
      View Details
    • Value Estimation by Request
      16.75 Acres

      4Th St

      Specialty properties • 16.75 Acres
      0 4Th St, Saint Joseph, MO 64504
      View Details
    • Value Estimation by Request
      19.08 Acres

      5801 Ingersoll Rd

      Distribution properties • 19.08 Acres
      5801 Ingersoll Rd, Saint Joseph, MO 64504
      View Details
    • Value Estimation by Request
      0.55 Acres

      371 State

      VACANT COMMERCIAL LAND • 0.55 Acres
      371 State, Saint Joseph, MO 64504
      View Details

    Similar Nearby for Sale

    • $129,900
      0.81 Acres

      King Hill Commercial Land

      Commercial land available on King Hill Avenue in St. Joseph.
      5002-5026 King Hill Ave, St Joseph, MO 64504
      View Details
    • Contact for pricing
      0.07 Acres

      St Joseph Land Package Deal

      Land package deal with buildable commercial lot and owner financing.
      302 E Kansas St, St Joseph, MO 64504
      View Details
    • $525,000
      Pending

      Industrial Land Ready For Development

      19.08 acres of M-1 zoned industrial land for sale.
      5801 Ingersoll Rd, St Joseph, MO 64504
      View Details
    • New
      Contact for pricing
      0.11 Acres

      Residential Lot with Garage

      4,791 sq ft residential lot with utilities and garage.
      516 Blake St, St Joseph, MO 64504
      View Details
    • Contact for pricing
      0.05 Acres

      St Joseph Land Package Deal

      Package deal including 10 lots, one buildable commercial lot.
      522 E Colorado St, St Joseph, MO 64504
      View Details
    • Contact for pricing
      0.52 Acres

      Residential Land in St Joseph

      0.5-acre lot ready for a future home.
      2019 Parkview Ave, St Joseph, MO 64504
      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.
    10367 Blf Tract 2 Rd
    Saint Joseph, MO 64504
    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

    10367 Blf Tract 2 Rd, Saint Joseph, MO, 64504

    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!