Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    320 S Belt Hwy St Joseph, MO 64506
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    320 S Belt Hwy St Joseph, MO 64506

    View on Map
    • Turn key restaurants
    • 2,232 SF
    • 1.40 lot acres
    For Sale
    $200,000
    View Listing →
    Freestanding Building on Belt Highway For Sale
    $200,000
    1,760 SF

    Freestanding Building on Belt Highway

    Freestanding commercial building with high-traffic frontage and flexible uses.

    320 S Belt Highway, St Joseph, MO 64506
    View Listing
    Property ID
    US48-1734209
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Taco Bell / Restaurant / Take-out & Catering
    • Critters Pet Shop / (Bike/Boat/Book/etc) Store / Pet Store

    Property Details for 320 S Belt Hwy

    Year built
    1990
    Lot size
    1.40 lot acres
    Property size
    2,232 SF
    Zone code
    CITY
    Property type
    Turn key restaurants
    APN
    06-1.0-11-003-002-004.000
    APU
    61011003002004000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Saint Joseph
    County
    Buchanan
    State
    Missouri
    Longitude
    -94.8044
    Latitude
    39.7687
    CBSA code
    41140
    CBSA name
    ST. JOSEPH, MO-KS METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $13,583
    $97,570
    $79,070
    $176,640
    -
    $304,920
    $247,100
    $552,020

    Comparable in this City

    • Value Estimation by Request
      1,298 SF

      502 Belt Hwy

      RESTAURANT • 1,298 SF
      502 Belt Hwy, Saint Joseph, MO 64506-3008
      View Details
    • Value Estimation by Request
      2,264 SF

      915 Jonathan Ln

      RESTAURANT • 2,264 SF
      915 Jonathan Ln, Saint Joseph, MO 64506-3058
      View Details
    • Value Estimation by Request
      3,136 SF

      904 Belt Hwy

      RESTAURANT • 3,136 SF
      904 Belt Hwy, Saint Joseph, MO 64506-3013
      View Details
    • Value Estimation by Request
      5,004 SF

      601 Belt Hwy

      RESTAURANT • 5,004 SF
      601 Belt Hwy, Saint Joseph, MO 64506-3009
      View Details
    • Value Estimation
      $710,000
      9,722 SF

      915 Woodbine Rd

      RESTAURANT • 9,722 SF
      915 Woodbine Rd, Saint Joseph, MO 64506-3003
      View Details
    • Value Estimation by Request
      5,472 SF

      4101 Frederick Ave

      RESTAURANT • 5,472 SF
      4101 Frederick Ave, Saint Joseph, MO 64506-3158
      View Details

    Similar Nearby for Sale

    • $1,000,000
      1.57 Acres

      Prime Commercial Land Opportunity

      Divisible commercial land ideal for retail or restaurant development.
      00 N 169 Hwy, St Joseph, MO 64506
      View Details
    • Contact for pricing

      Commercial Lots at I-29 Frontage

      Six commercial lots suitable for restaurant, office, and retail.
      N Village Dr, St Joseph, MO 64506
      View Details
    • $478,000
      1.30 Acres

      Retail Space at Maplewood Plaza

      Retail space for sale, can be packaged with adjoining properties.
      435-441 S Belt Hwy, St Joseph, MO 64506
      View Details
    • $2,200,000
      1.07 Acres

      Retail Building on Belt Highway

      Freestanding retail building with highway frontage and development potential.
      501 N Belt Hwy, St Joseph, MO 64506
      View Details

    Similar Nearby for Lease

    • $26 SF/Yr
      114,563 SF

      Restaurant Space Available For Lease

      Restaurant space for lease inside Ricky Deans with patio.
      3620 N Village Dr, St Joseph, MO 64506
      View Details
    • $16 SF/Yr
      41,399 SF

      Retail Space on North Belt

      Sublease opportunity in high-traffic St. Joseph location.
      2715 N Belt Hwy, St Joseph, MO 64506
      View Details
    • Contact for pricing

      Restaurant Space with Covered Patio

      Restaurant space for rent with ample parking and covered patio.
      2715 N Belt Hwy, St Joseph, MO 64506
      View Details
    • Contact for pricing

      Retail Space with Anchor Tenants

      Retail space anchored by established businesses for lease.
      & Mitchell S Belt Hwy, Saint Joseph, MO 64506
      View Details
    • Contact for pricing
      8,257 SF

      Retail Space Anchored by Grocer

      Retail space available in St. Joseph, Missouri trade area.
      2414 N Belt Hwy, Saint Joseph, MO 64506
      View Details
    • Contact for pricing
      1,284 SF

      Retail Space Near Main Entrance

      Retail space available in a stabilized shopping center.
      5107 N Belt Hwy, Saint Joseph, MO 64506
      View Details
    View Listing
    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.
    320 S Belt Hwy
    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.
    Sign Up Successful!
    You now have access to more from Realmo!