Property profile

3500 Waterworks Rd Saint Joseph, MO 64505

OFF-MARKET
Land
6 ac lot
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Property summary

AI-generated overview

This exceptional 6-acre commercial land parcel in Saint Joseph, Missouri, boasts 400 feet of prime Missouri River frontage. Located at 3500 Waterworks Rd, Buchanan County, ZIP 64505, this M-2 heavy industrial zoned property offers significant development potential. The asking price is $475,000, translating to $75,000 per acre. Significant site preparation has already been completed, with 2500 loads of dirt delivered, elevating much of the property above the 500-year flood plain. All city utilities, including water and electricity, are readily available at the site. The property includes an undivided half interest in a 600-foot by 50-foot road easement from Waterworks Rd, and sewer lines are accessible via Waterworks Rd. This property is ideal for various recreational uses and presents a unique opportunity. There's also the potential to combine this parcel with an adjacent 29.7-acre tract to the south, creating an even larger development opportunity. APN: 03-9.0-31-003-000-025.002.

Property profile

Verified
Property type Land
Lot 6 ac (261,360 SF)

Cap rate & NOI

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

Location

3500 Waterworks Rd Saint Joseph, MO 64505
Saint Joseph metro
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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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