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Route 66 Auto Shop
For Sale
$295,000

1014 W 7th Street, Joplin, MO 64801

Commercial Sale, Joplin, MO

Property Size2,200 SF
Lot Size0.91 Acres
Price / SF$134.09
Days on Market575

Property Features for 1014 W 7th Street

General Information

Property type Commercial Sale
Property subtype Other
Directions From Maiden Lane & W 7th Street - head east on 7th Street to property on the corner of 7th Street and Chestnut Avenue
Subdivision 01 - Joplin City - NW
Standard status Active
APN 19201020003001000
Size 2,200 SF
Lot size 0.91 Acres

Taxes and HOA fees

Tax Annual Amount 3149

Utilities

Heating system Other (Heating)
Cooling system Wall Unit(s)

Building Details

Year built 1930
Number of units 1
Flooring type Concrete
Roof type Shingle
Listing Agency: The Essential Real Estate
Listed By: Don Fifer · License #2020033847 MO / 00251588 KS / PB00099013 AR / 2102
Added: Mar 13, 2025 Changed: Oct 3 Last Checked: Oct 8 at 2:06AM
MLS# 251230

Copyright © 2026 Ozark Gateway Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,200-square-foot auto shop occupies a 0.91-acre parcel at 1014 W 7th Street in Joplin. The building includes concrete flooring, wall-unit cooling, other heating, and a shingle roof. The property began as a Sinclair Tire Shop, connecting the building to Route 66 automotive history.

More than 260 feet of road frontage along Historic Route 66 provides direct exposure from the corridor. The site is near schools, restaurants, essential services, Downtown Joplin, and Schifferdecker Ave. Planned improvements to the sidewalk, curb, walkway, and ingress/egress are also noted.

Key Highlights

  • 2,200‑square‑foot auto shop building
  • 0.91‑acre parcel
  • Over 260 feet of Route 66 road frontage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,757
Cap Rate
7.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$415,140 $415.1K
Cap Rate 7%
$296,529 $296.5K
Cap Rate 9%
$230,633 $230.6K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$30.9K $14.04/SF
− Vacancy
−$1.2K −$0.56/SF
EGI
$29.7K $13.48/SF
− OpEx
−$8.9K −$4.04/SF
NOI
$20.8K $9.43/SF
Area
Jasper County, MO
Vacancy
4.00%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$415,140
Cap Rate 7%
$296,529
Cap Rate 9%
$230,633

Alternative Uses

Best Use
Retail
$296.5K
$259.5K – $346.0K (±1% cap)
NOI $20,757 @ 7.0% cap · market cap 7.04%
Second Best
Industrial
$127.4K
$111.5K – $148.6K (±1% cap)
NOI $8,917 @ 7.0% cap · market cap 3.02%
Theoretical Best
Office A
$663.8K
$580.8K – $774.4K (±1% cap)
NOI $46,464 @ 7.0% cap · market cap 15.75%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

WHONEX LLC Car Wash

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Grocery & Convenience Store Veterinary Clinic (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,286
Businesses Nearby
90k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 76% Shops & Services 23%
McDonald's Dining
21,610 visits/mo 0.4 miles
SONIC Drive In Dining
14,714 visits/mo 0.5 miles
Dollar Tree Shops & Services
14,287 visits/mo 0.4 miles
Wendy's Dining
12,916 visits/mo 0.4 miles
Starbucks Dining
10,723 visits/mo 0.5 miles

Demographics for 64801, MO

35,234
Population
17,460
Households
2
Avg Household Size
37
Median Age
26%
College-Educated
90%
High-School Grad
57.5 sq mi
ZIP Area
613
Density / Sq Mi
$51,360
Median Household Income
$31,103
Median Earnings
$884
Median Rent
$176,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Auto shop - Concrete-floored commercial building with wall-unit cooling on nearly an acre.
Where is this auto shop located?
The property is located at 1014 W 7th Street Joplin, MO.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 2,200‑square‑foot auto shop building; 0.91‑acre parcel; Over 260 feet of Route 66 road frontage
More about this property
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