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Property profile & analytics
OFF-MARKET
Retail space

1338 Belt Hwy Saint Joseph, MO 64506-2537

3,268 SF 0.84 ac lot Built 2000
Entity Owned 1-yr Hold Free & Clear
Property ID
US48-1778247
Property summary
AI-generated overview

This exceptional value-add opportunity presents a two-story, 6,285 square foot multi-tenant office building situated on a 0.84-acre lot at 1338 N Belt Highway in St. Joseph, Missouri (zip code 64506). Built in 2000 and renovated in 2020, this Class B property boasts a desirable C-3 zoning. Currently, the building enjoys 80% occupancy with three units. The upper level features a tenant with one year remaining on their lease. The lower level offers 3,040 square feet of vacant space ready for immediate lease, plus an additional 960 square feet of adaptable former living space. The building features convenient level entrances with a ramp from the parking lot, multiple offices, restrooms, a breakroom, and ample parking. The asking price is $1,200,000, translating to $190.93 per square foot. This is a net-net lease property. This property presents a strong investment opportunity for those seeking a multi-tenant office building in a prime St. Joseph location. The building's features, combined with its strategic location on the Belt Highway, make it an attractive prospect for both investors and tenants.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2000
Total area 3,268 SF
Lot 0.84 ac (36,590 SF)
Zoning code CITY
APN 06-1.0-02-003-000-038.000
UPID US48-1778247
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
Current use
Occupant on record · Public records
  • Serenity Salon & Day Spa Alternative Medicine Practice Spa & Massage Center
  • Nancy S. Piercy, MS Counselor Family Counselor
  • Horizon Orthotic & Prosthetic Experience, Inc Orthotics & Prosthetics Service
  • Wattenbarger Jack D Accounting Firm Tax Preparation
  • Ima'ge Salon & Day Spa Massage Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Belt 1338n LLC · 1 yrs held
Belt 1338n LLC
since 2025
3 recorded transactions
2025
Price N/A
2021
Price N/A
2010
Price N/A
Zoning & alternative use
CITY · Saint Joseph, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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