Technical
Financial
Distress signals
Property profile

609 Lincoln St St Joseph, MO 64501

FOR SALE
Commercial land
Property ID
US48-2170781
2.25 ac lot
Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 98,010 square foot lot in St. Joseph, Missouri, presents a remarkable opportunity for multifamily development. Located at 609 Lincoln Street, this R4-zoned property offers immense potential, situated conveniently near US-59 and I-229 highways for easy accessibility. Previously envisioned as a 48-unit apartment complex (plans available upon request), the site is development-ready, featuring a fenced area with existing usable parking. The property's location just north of Downtown St. Joseph, within city limits, ensures high visibility and desirability. This 2.57-acre parcel is priced at $95,000, making it an attractive investment for developers seeking a prime location for a multifamily project in a thriving Missouri community. The property's zoning and existing infrastructure significantly reduce development hurdles, allowing for a streamlined and efficient construction process. This is a rare chance to acquire a substantial piece of land in a strategic location, poised for significant returns. Don't miss this chance to build your next successful project. The zip code is 64501, and the property is in Buchanan County.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 2.25 ac (98,010 SF)
APN 06-3.0-08-001-004-038.000
UPID US48-2170781

Cap rate & NOI

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

Location

609 Lincoln St St Joseph, MO 64501
St Joseph metro Census 1200 ST. JOSEPH, MO-KS METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2025
1 recorded transaction
2025
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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