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Property profile & analytics
OFF-MARKET Estimated value $280,000
Parking lots & garages

2810 Belt Hwy Saint Joseph, MO 64506-2005

2,666 SF Built 1989
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US48-1959616
Property summary
AI-generated overview

This exceptional 33,877 sq ft lot at 2810 N Belt Highway in St. Joseph, Missouri, presents a unique investment opportunity. The 1-story, 1989-built building is zoned for special purposes and currently configured as an auto shop, featuring four drive-in doors, two offices, and 1.5 baths. The property boasts a large parking area, significantly enhancing its appeal and functionality. A key advantage is its high-traffic location, making it ideal for a variety of businesses. Further enhancing its value are two prominent signs: a lighted sign with digital displays on both sides, and a billboard generating $2,500 annual income (subject to renegotiation). The asking price for the building is $449,900, or it's available for lease at $3,600 per month. This property offers a compelling blend of immediate income potential and long-term growth prospects, making it an attractive investment in a thriving commercial area. The property's location in Buchanan County, Missouri, zip code 64506, ensures easy access and high visibility for any business. The combination of its versatile layout, high-traffic location, and existing income-generating signage makes this a truly exceptional opportunity.

Property profile
Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Year built 1989
Total area 2,666 SF
Zoning code CITY
APN 03-8.0-34-004-000-039.000
UPID US48-1959616
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
  • Guardian Interlock Systems 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
$280k
Owner & transaction history
Clair Properties LLC · 3 yrs held
Clair Properties LLC
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
CITY · Saint Joseph, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
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