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Property profile & analytics
OFF-MARKET
Restaurants

4774 Verona Dr Saint Joseph, MO 64506

31.43 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 31.43-acre commercial development opportunity is located in the thriving Tuscany Village, situated at the high-traffic intersection of I-29 and N 169 Hwy, exit #50, in St. Joseph, Missouri (zip code 64506). The property, zoned Planned, offers a variety of lot sizes ranging from 1 to 10 acres, providing flexibility for various development projects. Eight individual lots are available, priced competitively from $10 to $13 per square foot, depending on size and location. Several lots boast desirable I-29 frontage, making them particularly suitable for restaurants and businesses seeking high visibility. A larger, 20.65-acre parcel is also available for purchase as a single unit, priced at $3 per square foot, presenting an ideal opportunity for large-scale multi-family or retail development. The land is suitable for a range of commercial uses, including restaurants, office spaces, and retail establishments. This prime location offers unparalleled access to major transportation arteries, ensuring high traffic volume and excellent exposure for any business. The property's overall price per acre is $0.38. This is a rare chance to acquire land in a rapidly growing area with significant potential for return on investment. Serious inquiries are encouraged.

Property profile
Verified
Property type Restaurants
Lot 31.43 ac (1,369,091 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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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