2414 Leonard Rd Saint Joseph, MO 64503-1845
This exceptional 2,353-square-foot office building, situated on a 0.72-acre lot in Saint Joseph, Missouri, presents a remarkable investment opportunity. Built in 1970, the property is currently vacant, offering immediate occupancy for a new owner or tenant. The asking price is $209,900, translating to a price per square foot of $89.21. The main floor boasts four private offices and shared workspace, providing ample room for individual work and collaboration. The lower level features a large private office, a common area, and two bathrooms, enhancing the building's versatility. A convenient walkout door, accessible through the utility room on the lower level, adds to the property's functionality. This property is located at 2414 S Leonard Rd, Saint Joseph, MO 64503, in Buchanan County. The building's layout and features make it suitable for a variety of professional uses. Its strategic location and ample space offer significant potential for growth and return on investment. The property is available for sale or lease, providing flexibility for potential buyers or tenants. This is a rare opportunity to acquire a well-located, versatile office building in a thriving Missouri community.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CITY · Saint Joseph, MOSaint Joseph. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.