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    OFF-MARKET
    Land

    3500 Waterworks Rd, Saint Joseph, MO 64505

    6 ac lot
    Property ID
    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
    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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