Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Downtown Joplin Commercial Office Space Title is generated by Realmo AI

    212 W 5th Street, Joplin, MO 64801

    View on Map
    Claim this Listing
    For Lease
    $900/Mo $8 SF/Yr (calc)

    COMMERCIAL - Joplin, MO

    Property size:
    1,260 SF
    Lot size:
    0.66 Acres
    Added:
    Jan 29, 2026
    Days on Market:
    121
    Last Refresh:
    May 30 at 9:06 pm

    Property Features for 212 W 5th Street

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    C-2
    Standard status
    Active
    Size
    1,260 SF
    Lot size
    0.66 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1900
    Flooring type
    Carpet
    Roof type
    Rubber

    We can help!

    Listing Contact
    Luke Gibson
    Luke Gibson

    Listing agent Luke Gibson License #2015033987

    Listing office GLENN GIBSON COMMERCIAL REAL ESTATE 2650 E 32nd Street Ste. 221, JOPLIN, MO

    Listing date Jan 29, 2026

    MLS# 260536

    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.

    HighLights

    • Prime downtown location offers convenience and accessibility.
    • 1260 sq ft commercial lease space provides ample room.
    • Dedicated parking included.
    • Abundant natural light from large windows.
    • Open workspace with two private offices offers layout flexibility.
    • Potential to combine with adjacent units for expanded space.

    Overview

    This commercial space, located in downtown Joplin, offers 1260 square feet of second-floor area suitable for lease. The property features dedicated parking and large windows that provide abundant natural light. The layout includes an open workspace and two private offices, offering flexible layout options. It is ideal for a professional office or conference space and has the potential to be combined with adjacent units for additional space. The property is situated on a lot of 0.66 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lardizabal John S Physician Junk Magic Waste Management Facility Alexandria Marketing Research ... Advertising Agency American Capital Roofing Roofing Company Bri Thurlo- LE, ... Alternative Medicine Practice

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Pharmacy Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Joplin
    County
    Jasper
    State
    Missouri
    Longitude
    -94.51528
    Latitude
    37.086364

    Nearby Similar for Lease

    • $400/Mo
      172 SF

      Downtown Joplin Office Space Rental

      Renovated office space with modern amenities in historic downtown Joplin.
      112 S Main Street, Joplin, MO 64801
      View Details
    • $2,000/Mo
      2,960 SF

      Freestanding Commercial Building in Joplin

      Flexible commercial building in active Joplin corridor with redevelopment potential.
      1220 E 15th Street, Joplin, MO 64804
      View Details
    • $2,275/Mo
      2,100 SF

      Class A Office Space Available

      Premier office space in Joplin's professional corridor for rent.
      3115 Arizona Avenue, Joplin, MO 64804
      View Details
    • $1,800/Mo
      3,090 SF

      Joplin Commercial Property For Rent

      Highly visible commercial property with flexible layout in Joplin, Missouri.
      2001 S Empire Avenue, Joplin, MO 64804
      View Details
    • $2,500/Mo
      2,244 SF

      Downtown Joplin Commercial Space Available

      Retail or office space in historic downtown Joplin building.
      526 S Virginia Avenue, Joplin, MO 64801
      View Details
    • $12 SF/Yr
      5,000 SF

      Joplin Office Space Available

      Second floor office space with elevator and ample parking.
      2613 S Main Street, Joplin, MO 64804
      View Details
    • $7 SF/Yr
      9,185 SF

      Downtown Joplin Landmark with Showroom

      Reimagined mixed-use property with showroom-scale garage and private sport court.
      102 S Wall Avenue, Joplin, MO 64801
      View Details
    • $1,667/Mo
      2,000 SF

      Downtown Joplin Commercial Space Available

      Prime commercial space in high-traffic downtown Joplin location.
      906 S Main Street, Joplin, MO 64801
      View Details
    • $1,100/Mo
      546 SF

      Downtown Joplin Office Space Rental

      Newly renovated office space with modern amenities in downtown Joplin.
      112 S Main Street, Joplin, MO 64801
      View Details
    • $12 SF/Yr
      3,795 SF

      Joplin Office Space For Lease

      Versatile office suite in desirable Creekside Office Building.
      2650 E 32nd Street, Joplin, MO 64804
      View Details
    • $1,500/Mo
      1,100 SF

      Joplin Office/Retail Space For Rent

      1,100 sqft office/retail space in high-traffic Joplin area.
      1818 E 4th Street, Unit 1, Joplin, MO 64801
      View Details
    • $1,900/Mo
      3,300 SF

      Joplin Retail or Office Space

      Over 3,000 sqft for lease in the heart of Joplin.
      409 S Main Street, Joplin, MO 64801
      View Details

    FAQs

    What type of property is this?
    Office units - Second-floor office space with parking and flexible layout.
    Where is this office units located?
    The property is located at 212 W 5th Street Joplin, MO.
    What is the lease rate?
    The lease rate is $900 /Mo.
    What are key features of this property?
    This property features: Prime downtown location offers convenience and accessibility.; 1260 sq ft commercial lease space provides ample room.; Dedicated parking included.
    (417) 359-6868
    We can help!
    Listing Contact
    Luke Gibson
    Luke Gibson
    Real Estate License ID: 2015033987
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    212 W 5th Street, Joplin, MO 64801
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!