Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    101 Ridge Dr Saint Joseph, MO 64506

    • Commercial real estate
    • 0.33 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-2660954
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 101 Ridge Dr

    Lot size
    0.33 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 0.33-acre residential lot presents a fantastic opportunity for building your dream home in St. Joseph, Missouri. Located at 101 Ridge Drive, this property boasts a peaceful setting within city limits, offering the convenience of urban amenities while maintaining a tranquil atmosphere. The lot is situated on a quiet dead-end street, minimizing traffic noise and ensuring a peaceful environment. Its proximity to Ashland and Gene Field Road provides easy access to local conveniences. Nature lovers will appreciate the nearby walking trails. While the lot currently features some trees and brush, it offers a great building site, ready for your vision. Clear boundary markers, a wooden pole to the north and a green flag to the south, are in place for easy identification of property lines. Priced affordably at $80,000, this .33-acre parcel in the 64506 zip code presents an excellent investment in a desirable location within Buchanan County. Don't miss this chance to build your future in this peaceful, yet conveniently located, St. Joseph neighborhood.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Saint Joseph
    County
    Buchanan
    State
    Missouri
    Longitude
    -94.8234751
    Latitude
    39.7920385

    Comparable in this City

    • $30,000

      4311 Hidden Valley Dr

      Multifamily properties
      4311 Hidden Valley Dr, Saint Joseph, MO 64506
      View Details
    • Contact for pricing
      0.16 Acres

      Prime St. Joseph Residential Land

      Build Your Dream Home on 0.16 Acres
      420 16Th St, Saint Joseph, MO 64506
      View Details
    • $30,000

      Hidden Valley Townhome Lot

      Prime St. Joseph lot, last available!
      4313 Hidden Valley Dr, Saint Joseph, MO 64506
      View Details
    • Contact for pricing
      31.43 Acres

      Tuscany Village Commercial Lots

      Prime St. Joseph, MO development land.
      4774 Verona Dr, Saint Joseph, MO 64506
      View Details
    • $165,000
      0.14 Acres

      St. Joseph Triplex For Sale

      Recently renovated triplex in mid-town St. Joseph, Missouri.
      701 N 25Th St, St Joseph, MO 64506
      View Details
    • $585,446

      Prime Commercial Land, St. Joseph, MO

      Exceptional 292,723 SF development opportunity.
      5415 Pointe Dr, Saint Joseph, MO 64506
      View Details

    Similar Nearby for Sale

    • $30,000

      4311 Hidden Valley Dr

      Multifamily properties
      4311 Hidden Valley Dr, Saint Joseph, MO 64506
      View Details
    • Contact for pricing
      0.16 Acres

      Prime St. Joseph Residential Land

      Build Your Dream Home on 0.16 Acres
      420 16Th St, Saint Joseph, MO 64506
      View Details
    • $30,000

      Hidden Valley Townhome Lot

      Prime St. Joseph lot, last available!
      4313 Hidden Valley Dr, Saint Joseph, MO 64506
      View Details
    • Contact for pricing
      31.43 Acres

      Tuscany Village Commercial Lots

      Prime St. Joseph, MO development land.
      4774 Verona Dr, Saint Joseph, MO 64506
      View Details
    • $165,000
      0.14 Acres

      St. Joseph Triplex For Sale

      Recently renovated triplex in mid-town St. Joseph, Missouri.
      701 N 25Th St, St Joseph, MO 64506
      View Details
    • $585,446

      Prime Commercial Land, St. Joseph, MO

      Exceptional 292,723 SF development opportunity.
      5415 Pointe Dr, Saint Joseph, MO 64506
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      976 SF

      Executive Suite, Belt Hwy Access

      976 sq ft Office, Prime Location
      3110 Karnes Rd. - Ste, Saint Joseph, MO 64506
      View Details
    • $14 SF/Yr
      2,589 SF

      Pony Express Plaza: St. Joseph Office Space

      Class A Medical/Executive Office Suite Available
      1211 Belt Hwy, Saint Joseph, MO 64506
      View Details
    • $264 SF/Yr
      10,800 SF

      St. Joseph Retail Building Opportunity

      New 10,800 SF Retail Space, Prime Location
      4720 Rochester Rd, Saint Joseph, MO 64506
      View Details
    • Contact for pricing
      1,284 SF

      Retail Space Near Main Entrance

      Retail space available in a stabilized shopping center.
      5107 N Belt Hwy, Saint Joseph, MO 64506
      View Details
    • Contact for pricing
      2,080 SF

      Retail Space in Northgate Plaza

      Retail space available in a busy St. Joseph shopping center.
      1401-1413 N Belt Hwy, Saint Joseph, MO 64506
      View Details
    • Contact for pricing
      8,257 SF

      Retail Space Anchored by Grocer

      Retail space available in St. Joseph, Missouri trade area.
      2414 N Belt Hwy, Saint Joseph, MO 64506
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    101 Ridge Dr
    Saint Joseph, MO 64506
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.