Property profile

904 Belt Hwy Saint Joseph, MO 64506

OFF-MARKET
Turn key restaurants
Property ID
US48-2574249
3,136 SF Built 1999
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 3,200 square foot freestanding Verizon Wireless store located at 904 N Belt Hwy in St. Joseph, Missouri. The property, built in 1999 and extensively renovated in 2023, sits on a 0.71-acre lot with ample parking (40 spaces). Currently operating under a Net Lease (NNN) agreement with a franchisee tenant, the property boasts a strong 6.00% cap rate and a substantial NOI of $82,516. The lease, with a remaining term of approximately 2.4 years (expiring 04/30/2027), ensures consistent cash flow. The property is zoned C-3 and features a single, one-story building with 100% occupancy. The asking price is $1,375,000, translating to a price per square foot of $429.69. This is a rare chance to acquire a well-maintained, high-performing retail asset in a desirable location with a long-standing, creditworthy tenant. The property's strong financials, coupled with the recent renovations and prime location within a thriving retail corridor, make it an ideal addition to any investment portfolio. The APN is 06-1.0-11-002-000-032.001.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1999
Total area 3,136 SF
Zoning code CITY
APN 06-1.0-11-002-000-032.001
UPID US48-2574249

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Mobile Phone Store Electronics & Wireless Store

Location

904 Belt Hwy Saint Joseph, MO 64506-3013
Saint Joseph metro Census 701 ST. JOSEPH, MO-KS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$330k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$330k

Owner & transaction history

since 2025
3 recorded transactions
2025
Price N/A
2022
Price N/A
2010
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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