For Auction

Former AT&T Facility: Saint Joseph, MO

1202 S 16th Street,
Saint Joseph, MO 645031 broker

Asset Snapshot

Real Estate
Asset Type
Industrial
Property Type
Warehouse
Industrial Subtype
1
Floor Count
1
Building Count
0.53 Acres
Land Area
3,233 SF
Property Size

Offering Summary

Former AT&T Industrial
Backfill/Redevelopment Opportunity | St. Joseph, MO

Investment Highlights

  • Opportunity to backfill/redevelop space or occupy as owner user
  • Zoned M-2 (Heavy Manufacturing District)
  • St. Joseph submarket extremely stable with a 5.4% industrial vacancy rate


Description

CBRE is pleased to present a 3,233 Square Foot industrial utility facility (“Property”) spread across 0.53 acres at 1202 S. 16th St in St. Joseph, MO.  The Property is zoned M-2 which allows for manufacturing uses.  The Industrial vacancy rate in the St. Joseph submarket of Kansas City is currently 5.4% and average Industrial rents are $3.64 PSF according to CoStar.  The Property surrounds residential communities with a median home value of $119,317 and as of 2019 has approximately 81,030 individuals residing within a 5-mile radius.

Due Diligence

Platform Fee

Buyer pays a minimum platform fee of 5% or $25,000 at closing.

How it Works

Learn about bidding, reserve prices, and closing.

Read the auction guide

Need Help?

Your transaction managers are your first point of contact for any auction or process questions. For additional support:

info@rimarketplace.com800-915-7015

Closed

This asset was part of the November 6th, 2019 auction event, resulting in a successful transaction that closed in just 61 days.
Ready to sell your asset on the platform with the highest trade rate in the industry?
Interested in additional investment opportunities?

Investment Sales Broker

MP
Mark Palmer
MO License: 1999031515

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.