Property profile

3132 Saint Joseph Ave Saint Joseph, MO 64505

OFF-MARKET
Retail space
Property ID
US48-1590219
1,880 SF 0.33 ac lot Built 1940
Individually Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This 1880-square-foot retail property, located at 3132 Saint Joseph Avenue in St. Joseph, Missouri (zip code 64505), presents a fantastic opportunity for an investor or entrepreneur. Built in 1940, this single-story building sits on a spacious 14,375-square-foot lot and is ideally suited for a daycare center, with many features already in place. The interior boasts newly painted walls, some new flooring, two restrooms, an office, ample storage space, and a functional kitchen equipped with a range and refrigerator. The property's layout is nearly completely set up for daycare operations, minimizing the need for extensive renovations. Exterior features include a fenced-in yard, providing a safe play area for children, and convenient off-street parking with two entrances. The property's location offers excellent accessibility, and its proximity to an ice cream shop adds a unique neighborhood appeal. This turnkey operation is priced at $135,000 and represents a compelling investment in a thriving community. The property's address is easily accessible via Saint Joseph Avenue. The county is Buchanan County. The property is in excellent condition and ready for immediate occupancy.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1940
Total area 1,880 SF
Lot 0.33 ac (14,375 SF)
Zoning code CITY
APN 03-9.0-32-004-002-093.000
UPID US48-1590219

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3132 Saint Joseph Ave Saint Joseph, MO 64505-1758
Saint Joseph metro Census 300 ST. JOSEPH, MO-KS METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2025
4 recorded transactions
2025
Price N/A
2024
Price N/A
2021
Price N/A
2007
Price N/A

Zoning & alternative use

CITY · Saint Joseph, MO

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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