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Property profile & analytics
OFF-MARKET
Office Spaces

1515 St Joseph Ave Saint Joseph, MO 64505

8,500 SF
Property ID
Property summary
AI-generated overview

This exceptional 8,500-square-foot single-tenant office building is situated on a 1.06-acre lot at 1515 St. Joseph Avenue, conveniently located near Middleton Street. The property boasts a single-story design, zoned M-2, and features a spacious layout previously utilized as medical offices and a pharmacy. The building's versatile floor plan allows for flexible configurations, with the potential to be divided into three separate 2,833-square-foot spaces, each leasable at $12 per square foot plus expenses. Alternatively, the entire 8,500-square-foot space can be leased for $10 per square foot plus expenses, presenting a significant opportunity for economies of scale. The property's unique features include the possibility of incorporating a drive-thru on the south side of the building, making it particularly well-suited for food service businesses. The property's APN is 06-3.0-08-002-002-002.000. This presents a rare opportunity to acquire a substantial, adaptable office space in a desirable location with significant potential for various commercial uses. The building's size and zoning make it an attractive option for a variety of businesses seeking a prominent presence in a high-traffic area. The potential for a drive-thru adds further appeal to businesses requiring convenient customer access.

Property profile
Verified
Property type Office Spaces
Total area 8,500 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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