Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    706 Felix St St Joseph, MO 64501

    • Retail space
    • 6,400 SF
    For Sale
    View listing
    $349,900
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-2443952
    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.

    Current Use by Public Records

    • Legal Aid of Western Missouri / Attorney / Law Firm

    Property Details for 706 Felix St

    Year built
    1930
    Property size
    6,400 SF
    Zone code
    CITY
    Property type
    Retail space
    APN
    06-3.0-08-004-002-077.000
    APU
    63008004002077000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Saint Joseph
    County
    Buchanan
    State
    Missouri
    Longitude
    -94.8516
    Latitude
    39.7664
    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
    $2,298
    $2,560
    $26,320
    $28,880
    -
    $8,000
    $82,240
    $90,240

    Comparable in this City

    • Value Estimation by Request
      1,660 SF

      402 8th St

      RETAIL STORES (PERSONAL SERVICES) • 1,660 SF
      402 8th St, Saint Joseph, MO 64501-2214
      View Details
    • Value Estimation by Request
      680 SF

      733 8th St

      RETAIL STORES (PERSONAL SERVICES) • 680 SF
      733 8th St, Saint Joseph, MO 64501-2755
      View Details
    • Value Estimation by Request
      2,200 SF

      1617 Francis St

      RETAIL STORES (PERSONAL SERVICES) • 2,200 SF
      1617 Francis St, Saint Joseph, MO 64501-2422
      View Details
    • Value Estimation by Request
      1,000 SF

      1819 Frederick Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,000 SF
      1819 Frederick Ave, Saint Joseph, MO 64501
      View Details
    • Value Estimation by Request
      1,088 SF

      1825 12th Colhoun St

      RETAIL STORES (PERSONAL SERVICES) • 1,088 SF
      1825 12th Colhoun St, Saint Joseph, MO 64501-1529
      View Details
    • Value Estimation
      $1,240,000
      7,730 SF

      724 Felix St

      RETAIL STORES (PERSONAL SERVICES) • 7,730 SF
      724 Felix St, Saint Joseph, MO 64501-2236
      View Details

    Similar Nearby for Sale

    • $495,000
      0.33 Acres

      Frederick Ave. Retail Investment

      Prime St. Joseph, MO storefront, 3 parcels.
      1603 Frederick Ave, Saint Joseph, MO 64501
      View Details
    • $2,899,000
      23,320 SF

      Downtown St. Joe Mixed-Use Gem

      Historic building, 12 lofts, event space
      107 6Th St, Saint Joseph, MO 64501
      View Details
    • $1,100,000
      Pending

      Downtown Commercial Building with Parking

      Two-story commercial building with parking lot in downtown St Joseph.
      328 Felix St, St Joseph, MO 64501
      View Details
    • $1,250,000
      0.21 Acres

      Historic Office Building For Sale

      Fully leased historic office building near courthouse and law enforcement center.
      501 Francis St, St Joseph, MO 64501
      View Details
    • Contact for pricing
      0.18 Acres

      St Joseph Commercial Space Available

      Commercial space suitable for light business, service, or storage.
      2843 Jules St, St Joseph, MO 64501
      View Details
    • $219,000

      Downtown St. Joseph Restaurant Opportunity

      Prime location, large lot, endless potential.
      1317 Frederick Ave, Saint Joseph, MO 64501
      View Details

    Similar Nearby for Lease

    • $2,860 /Mo
      12,197 SF

      Retail and Warehouse Space Available

      Corner retail and warehouse space for lease in St. Joseph.
      716 S 8Th St, St Joseph, MO 64501
      View Details
    • $18 SF/Yr
      51,836 SF

      Retail Space Near High School

      New construction retail space for lease near Central High School.
      2728 Messanie St, St Joseph, MO 64501
      View Details
    • $900 /Mo
      2,178 SF

      Downtown St. Joseph Commercial Space

      Flexible commercial space in downtown St. Joseph for lease.
      210 N 7Th St, St Joseph, MO 64501
      View Details
    • $4 SF/Yr
      26,572 SF

      Versatile Commercial Space on Frederick

      8,284 SF commercial space in downtown St Joseph, MO.
      1302 Frederick Ave, St Joseph, MO 64501
      View Details
    • $1,500 /Mo
      15,246 SF

      Downtown St. Joseph Commercial Building

      16,500 sq ft building perfect for office, event, or loft.
      305 S 8Th St, St Joseph, MO 64501
      View Details
    • $1,000 /Mo
      11,326 SF

      Commercial Space off Frederick Avenue

      Flexible commercial space with drive-in door, excellent accessibility.
      1926 Howard St, St Joseph, MO 64501
      View Details
    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.
    706 Felix St
    St Joseph, MO 64501
    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.