435 Belt Hwy Saint Joseph, MO 64506
This exceptional investment opportunity presents a 9,832 square foot, single-story shopping center located at 435 S Belt Hwy in St. Joseph, Missouri, zip code 64506. Built in 1978, the property sits on a 9,832 square foot lot and is zoned C-3, allowing for a variety of commercial uses. Currently operating as a multi-tenant retail space with 50% occupancy, this property offers significant upside potential. The asking price is $478,000. The existing leases are gross leases with a remaining term of two years. The property's prime location on a main highway ensures high visibility and foot traffic. This presents a unique opportunity for an investor seeking a well-located retail property with potential for expansion. The property is easily accessible and benefits from its established presence within the community. Consider the potential for increased occupancy and rental income. The property's size and zoning provide flexibility for a variety of retail uses. Further expansion opportunities may exist through packaging with an adjoining lot and/or other buildings within the plaza.
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Barnes Development Co Construction Company General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.