Saint Joseph, MO
Commercial Real Estate Market Trends & Data

$220 Avg asking sale price
$20 Avg asking lease rate
60,079 SF Avg unit lease size
17,500 SF Avg building size for sale
6.23% Average cap rate

Saint Joseph's Demographic Profile

Saint Joseph has 28,510 households and a median income of $47,921, providing context for rent absorption and tenant demand across retail and multifamily assets. A -2% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 70,893
# Households 28,510
Median age 39
Median household income $47,921
Avg household size 2.0
Renter-occupied housing units 11,699
5-year population change -2%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Saint Joseph, MO

↻ Updated Monthly

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Nearby Retail Markets Avg Cost/SF Typical Size
Saint Joseph $80 17,821 SF
Country Club $97 8,156 SF
Savannah $90 2,500 SF
Gower $105 24,693 SF
Stewartsville $46 1,620 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Leavenworth $147 63,215 SF 7.42%
Lansing $212 57,620 SF 7.42%

Commercial Properties For Sale in Saint Joseph

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Hawaiian Bros

Saint Joseph, MO 64506

  • 3,279 SF Retail Building
  • 7.00% Cap Rate
  • $5,647,000
For Sale

Development Pad

Saint Joseph, MO 64506

  • 1.19 AC Lot
  • 1 Commercial Lot
  • $1,200,000
For Sale

1007 E St. Maartens Dr

Saint Joseph, MO 64506

  • 7,000 SF Office Building
  • $795,000
For Sale

3114 N Belt Hwy

Saint Joseph, MO 64506

  • 3,880 SF Retail Building
  • $1,300,000
For Sale

224 N 4th St

Saint Joseph, MO 64501

  • 36,027 SF Office Building
  • $1,500,000
For Sale

2702 Ashland Ave

Saint Joseph, MO 64506

  • 2,667 SF Retail Building
  • $384,900

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Saint Joseph pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Saint Joseph $220 17,500 SF
Country Club $382 5,878 SF
Savannah $90 2,500 SF
Rushville $182 3,700 SF

Multifamily Properties For Sale in Saint Joseph

For Sale

107 S 6th St

Saint Joseph, MO 64501

  • 38,000 SF Multifamily
  • $2,499,000

Regional Demographic Comparison

This comparison places Saint Joseph alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Saint Joseph or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Saint Joseph 70,893 28,510 39 $47,921 2 11,699 -2%
Country Club 2,446 957 42 $81,676 3 225 -2%
Wathena 1,222 486 42 $53,393 3 136 -5%
Savannah 5,209 2,076 40 $56,724 2 595 -1%
Rushville 263 103 45 $60,682 3 17 -5%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Saint Joseph, MO and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Saint Joseph

View All Commercial Real Estate For Sale in Saint Joseph
Is Saint Joseph a good market for a first-time commercial real estate investor?

Saint Joseph offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Saint Joseph?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Saint Joseph. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Saint Joseph?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Saint Joseph. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Saint Joseph compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Saint Joseph. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Saint Joseph acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Saint Joseph, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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