Auto Repair Shop with
For Sale
$375,000
1911 E 4th Street, Joplin, MO 64801
Commercial Sale, Joplin, MO
Property Size2,064 SF
Lot Size0.27 Acres
Price / SF$181.69
Days on Market289
Property Features for 1911 E 4th Street
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
Rangeline Road west on 4th Street North side of the road - sign on property
Subdivision
02 - Joplin City - NE
Standard status
Active
APN
19100130023009000
Size
2,064 SF
Lot size
0.27 Acres
Taxes and HOA fees
Tax Annual Amount
933
Utilities
Heating system
Forced Air
Cooling system
Wall Unit(s)
Amenities
overhead doors
heating
Building Details
Flooring type
Carpet, Concrete
Roof type
Metal
Listing Agency:
Andrew Bright & Associates
(620) 313-0127
Listed By:
John Hyman · License #2014018673
(417) 437-9051
Added: Nov 23, 2025
Changed: Sep 6
Last Checked: Sep 8 at 5:06AM
MLS# 256527
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 2064-square-foot auto repair property in Joplin includes essential shop tools, a 10,000lb post lift, and 3 overhead doors. The building has concrete and carpet flooring, forced-air heating, wall-unit cooling, and a metal roof. New heat was installed in 2019.
Located at 1911 E 4th Street in Joplin, Missouri, the property occupies 0.27 acres. The automotive business has operated for nearly 50 years, and the Hyper Tune business name may be retained or replaced with a new brand.
Located at 1911 E 4th Street in Joplin, Missouri, the property occupies 0.27 acres. The automotive business has operated for nearly 50 years, and the Hyper Tune business name may be retained or replaced with a new brand.
Key Highlights
- 2064‑square‑foot auto repair property on 0.27 acres
- 10,000lb post lift included
- 3 overhead doors
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,474
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.19%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$389,480
$389.5K
Cap Rate 7%
$278,200
$278.2K
Cap Rate 9%
$216,378
$216.4K
Market Conditions
NOI Build-Up for 2,064 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$29.0K $14.04/SF
− Vacancy
−$1.2K −$0.56/SF
EGI
$27.8K $13.48/SF
− OpEx
−$8.3K −$4.04/SF
NOI
$19.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$389,480
Cap Rate 7%
$278,200
Cap Rate 9%
$216,378
Alternative Uses
Best Use
Retail
$278.2K
$243.4K – $324.6K
NOI $19,474 @ 7.0% cap · market cap 5.19%
Second Best
Industrial
$119.5K
$104.6K – $139.4K
NOI $8,365 @ 7.0% cap · market cap 2.23%
Theoretical Best
Office A
$622.7K
$544.9K – $726.5K
NOI $43,592 @ 7.0% cap · market cap 11.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
598
Businesses Nearby
65k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 49%
Dining 28%
Shops & Services 23%
Walmart Neighborhood Market
Groceries
31,508 visits/mo
0.4 miles
SONIC Drive In
Dining
13,389 visits/mo
0.5 miles
Phillips 66
Shops & Services
6,383 visits/mo
0.1 miles
O'Reilly Auto Parts
Shops & Services
3,968 visits/mo
0.5 miles
U-Haul Moving & Storage of Joplin
Shops & Services
3,654 visits/mo
0.4 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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Comer's Wrecker Services — 1204 S Illinois Ave, Joplin, MO 64801
- Brockman's Muffler — 628 E 9th St, Joplin, MO 64801
- Brockman's Classic Glass — 620 E 9th St, Joplin, MO 64801
- Mike's Auto Repair — 915 Ohio Ave, Joplin, MO 64801
- K&K Auto — 531 E 9th St, Joplin, MO 64801
Frequently Asked Questions
What type of property is this?
Auto shop - Established automotive repair facility with essential tools, overhead doors, and forced-air heating.
Where is this auto shop located?
The property is located at 1911 E 4th Street Joplin, MO.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 2064‑square‑foot auto repair property on 0.27 acres; 10,000lb post lift included; 3 overhead doors
