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
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2202 Frederick Ave St Joseph, MO 64506

    • Commercial real estate
    For Lease
    View listing
    $5 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-2674689
    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

    • Missouri Job Center - St. Joseph / Employment Agency
    • Missouri Career Center - Saint Joseph / Employment Agency

    Property Details for 2202 Frederick Ave

    Property type
    Commercial real estate

    Description

    This exceptional single-tenant property at 2202 Frederick Avenue in St. Joseph, Missouri, offers 8,657 square feet of versatile retail or office space. Situated on a substantial 98,010 square foot lot, this one-story building is zoned C3-Com, providing flexibility for a variety of commercial uses. Previously occupied by a grocery store, the space features a mostly open floor plan, ideal for customization to suit your business needs. The property benefits from a large parking lot, ensuring ample space for customers and employees. Its strategic location at the intersection of Frederick Avenue and 22nd Street places it within a thriving shopping center, alongside established businesses such as the Missouri Employment Office, Dollar Tree, and Pizza Hut, ensuring high visibility and foot traffic. The property's APN is 06-2.0-09-001-002-103.000. This is a rare opportunity to acquire a well-located, spacious commercial property in a growing area of St. Joseph, Missouri, with a 64506 zip code. The property's single-suite configuration offers streamlined management and operational efficiency. Don't miss this chance to establish your business in a prime commercial location.

    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
    -94.8336614
    Latitude
    39.7744689

    Comparable in this City

    • $15 SF/Yr
      982 SF

      Historic Green Acres Office Suite

      982 sq ft, flexible lease options
      3500 Vlg Dr. Ste Gl10 St, Saint Joseph, MO 64506
      View Details
    • $14 SF/Yr
      5,000 SF

      Historic St. Joseph Office Suite

      Move-in ready office, utilities included.
      3500 Village Dr, Saint Joseph, MO 64506
      View Details
    • $5 SF/Yr
      19,767 SF

      St. Joseph Warehouse Space Available

      8,657 SF Warehouse/Office Space in Missouri
      2202 Frederick Ave, Saint Joseph, MO 64506
      View Details
    • $120 SF/Yr
      1,042 SF

      Prime St. Joseph Office Space

      1,042 sq ft Office, Great Location
      2335 Belt Ste C Hwy, Saint Joseph, MO 64506
      View Details
    • $9 SF/Yr
      4,715 SF

      Historic St. Joseph Office Suite

      Prime 4,100 sq ft office, renovated historic building.
      3500 Village Dr, Saint Joseph, MO 64506
      View Details
    • $19 SF/Yr
      137,214 SF

      Commercial Space Near Belt Highway

      4,000 sq ft commercial space ideal for office or retail.
      3707 N Belt Hwy, St Joseph, MO 64506
      View Details

    Similar Nearby for Sale

    • $1,570,000
      10,000 SF

      Prime St. Joseph Office Building

      High-return office investment, 100% occupied.
      2402 Woodbine Rd, Saint Joseph, MO 64506
      View Details
    • $750,000
      0.71 Acres

      Renovated Commercial Building, St Joseph

      Versatile, renovated 5,000 sq. ft. commercial building for sale.
      3919 Messanie St, St Joseph, MO 64506
      View Details
    • $1,300,000
      13,200 SF

      Belt Highway Office Building

      Prime St. Joseph Office Space - Sale or Lease
      2700 Belt Hwy, Saint Joseph, MO 64506
      View Details
    • $399,000
      0.70 Acres

      Veterinary Clinic on Belt Highway

      2496 SF veterinary clinic on a large 0.7-acre lot.
      3111 N Belt Hwy, St Joseph, MO 64506
      View Details
    • $1,300,000

      Prime St. Joseph Office Building

      13,200 SF Executive Office Space - Sale/Lease
      2700 Belt Hwy, Saint Joseph, MO 64506
      View Details
    • $2,750,000
      2.51 Acres

      Medical Office Building For Sale

      Medical office building on 2.51 acres with expansion potential.
      3904 Beck Rd, St Joseph, MO 64506
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      982 SF

      Historic Green Acres Office Suite

      982 sq ft, flexible lease options
      3500 Vlg Dr. Ste Gl10 St, Saint Joseph, MO 64506
      View Details
    • $14 SF/Yr
      5,000 SF

      Historic St. Joseph Office Suite

      Move-in ready office, utilities included.
      3500 Village Dr, Saint Joseph, MO 64506
      View Details
    • $5 SF/Yr
      19,767 SF

      St. Joseph Warehouse Space Available

      8,657 SF Warehouse/Office Space in Missouri
      2202 Frederick Ave, Saint Joseph, MO 64506
      View Details
    • $120 SF/Yr
      1,042 SF

      Prime St. Joseph Office Space

      1,042 sq ft Office, Great Location
      2335 Belt Ste C Hwy, Saint Joseph, MO 64506
      View Details
    • $9 SF/Yr
      4,715 SF

      Historic St. Joseph Office Suite

      Prime 4,100 sq ft office, renovated historic building.
      3500 Village Dr, Saint Joseph, MO 64506
      View Details
    • $19 SF/Yr
      137,214 SF

      Commercial Space Near Belt Highway

      4,000 sq ft commercial space ideal for office or retail.
      3707 N Belt Hwy, St 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.
    2202 Frederick Ave
    St 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.