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Property profile & analytics
OFF-MARKET
Estimated value
$205,000
Parking lots & garages
2201 8th St Saint Joseph, MO 64503-2931
Entity Owned
Absentee Owner
Free & Clear
Property ID
US48-2397393
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
1940
Total area
3,420 SF
Lot
1.16 ac (50,530 SF)
Zoning code
CITY
APN
06-4.0-20-001-003-106.000
UPID
US48-2397393
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
-
Midwest Mobile Small Engine Repair Auto Repair Shop
-
Simmons Muffler & Auto Repair Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$265k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$205k
Owner & transaction history
Jwheeler Properties LLC
Jwheeler Properties LLC
since 2025
5 recorded transactions
Zoning & alternative use
CITY · Saint Joseph, MO
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Saint Joseph submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Joseph submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$265,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$205k
Range $185k – $226k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$60 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,114
Tax year 2023
Assessed value
$14,850
Assessed 2023
Previous assessed
$14,850
+0.0% YoY
Effective rate
7.50%
On assessed value
Assessed land
$2,560
Assessed improvement
$12,290
Land market value
$8,000
Improvement market value
$38,410
Total market value
$46,410
Applied tax rate
78.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
Off-Market
Year built
1940
Total area
3,420 SF
Lot
1.16 ac (50,530 SF)
Zoning code
CITY
APN
06-4.0-20-001-003-106.000
UPID
US48-2397393
Jurisdiction
BUCHANAN
Zoning & alternative use
CITY · Saint Joseph, MOZoning CITY · permitted uses
CITY · Saint Joseph, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Year built
1940
Lot
1.16 ac
Current owner
From public records · entity-resolved
Jwheeler Properties LLC
Entity
Free & Clear · 0 yrs held
Mailing address
2924 S PEAR ST, SAINT JOSEPH, MO 64503-1221
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2025
$70,000
Jwheeler Properties LLC
Mark Larsen
Quitclaim Deed
related
—
Oct 11, 2024
—
Mark Larsen
First Option Bank
Special Warranty Deed
—
Nov 2, 2020
—
Michael A Simmons
Dollie M Simmons
Intrafamily Transfer
related
—
Aug 5, 2014
—
Michael A Simmons
Clara L Simmons
Intrafamily Transfer
related
—
Jun 1, 2005
—
Jack D Simmons
Travis J Law
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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