Technical
Financial
Distress signals
Property profile

904 S 22Nd St St Joseph, MO 64507

FOR SALE
Parking lots & garages
Property ID
US48-2139656
19,988 SF Built 1940
Entity Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity encompasses a substantial 33,000-square-foot industrial portfolio situated on a full city block in Saint Joseph, Missouri. The property, located at 904 S 22nd St, includes multiple buildings totaling four structures, all single-story, and zoned C-3. Built in 1940, the buildings offer a unique blend of flex and warehouse space, ideal for a variety of uses. The property boasts an impressive 13 dock-high doors, one loading dock, and ceiling heights ranging from 14 feet, providing ample space for storage and operations. The expansive 33,250-square-foot lot provides significant room for expansion or outdoor storage. The asking price is $799,000, translating to $24.21 per square foot. The property features a newly updated electrical system and a modern alarm system. The portfolio includes addresses 904 S. 22nd Street, 2103 Lafayette, and 917 S. 20th Street, offering flexibility for various business needs. The property also includes potential for executive living quarters. The high-voltage 400-amp, 3-phase electrical service with four separate meters adds to its operational efficiency. This property presents a rare opportunity to acquire a substantial, multi-building industrial complex in a prime location. The versatile space and numerous features make it an attractive investment for both owner-occupiers and investors seeking a strong return.

Property profile

Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Year built 1940
Total area 19,988 SF
Zoning code CITY
APN 06-5.0-16-002-004-001.001
UPID US48-2139656

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
  • Car Wash

Location

904 S 22Nd St St Joseph, MO 64507
St Joseph metro Census 3002 ST. JOSEPH, MO-KS METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$485k

Owner & transaction history

since 2019
1 recorded transaction
2019
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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