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    FOR SALE
    Commercial real estate

    3502 Frederick Ave, St Joseph, MO 64506

    3.5 ac lot Built 1938
    Property ID
    US48-1798635
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 3502 Frederick Avenue in St. Joseph, Missouri, presents a unique investment opportunity. The 3.5-acre site boasts a highly visible location on a premier hard corner, just one block west of St. Joseph's busiest retail intersections. Built in 1938, this four-story building offers significant potential for both retail and office uses. The property benefits from excellent accessibility, including signalized traffic access and a full access point on Frederick Avenue. Site improvements include grading to ensure seamless integration with Frederick Avenue. The surrounding area demonstrates strong demographics, with a 3-mile radius encompassing 2,500,000 square feet of office space and a population of 61,482. Daily traffic counts average 25,000 vehicles, and the 5-mile average household income is $60,519. This prime location, coupled with its substantial size and advantageous features, makes this property an ideal investment for developers and businesses seeking high visibility and strong market presence in a thriving community. The asking price is $16.5 million. The zip code is 64506.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1938
    Lot 3.5 ac (152,460 SF)
    UPID US48-1798635
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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