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1211 N Belt Hwy St Joseph, MO 64506

Banks Google Maps
16,875 SF 1.46 ac lot Built 2009
Entity Owned Free & Clear
Estimated value (blended)
$455k
Range $410k – $501k (±10%)
Property ID US48-1717902

Property summary

AI-generated overview

Pony Express Plaza, located at 1211 N Belt Hwy in St. Joseph, Missouri, presents a unique opportunity to lease a Class A office space. This 2,589 square foot suite is situated within a thriving mixed-use center, boasting a diverse tenant mix including Panera Bread, Anytime Fitness, Spine & Sport Physical Therapy, IRS, and UMB Bank. The property is a single-story building constructed in 2008 and part of a three-building complex, offering ample parking with 56 spaces. The suite is immediately available and represents the entire building's rentable space. The property is zoned C-3 and located in Buchanan County, with convenient access via Frederick Ave. Property taxes are $1.80 per square foot. The building features a desirable medical office and executive office subtype, making it ideal for a variety of professional uses. This is a multi-tenant building, but this particular suite offers 2,589 contiguous square feet. The location within a busy mixed-use center ensures high visibility and convenient access for clients and employees. This exceptional opportunity offers a turnkey solution for businesses seeking a premium office space in a prime St. Joseph location. The zip code is 64506.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2009
Total area 16,875 SF
Lot 1.46 ac (63,598 SF)
Zoning code CITY
APN 06-1.0-02-003-000-026.000
UPID US48-1717902

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Bank Loan Service
  • Insurance Agency
  • Home Health Care Service
  • Atm
  • Medical Clinic

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$455k

Owner & transaction history

Zoning & alternative use

CITY · Saint Joseph, MO

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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