Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    212 W 5Th St, Unit 203-204 Joplin, MO 64801

    Sponsored
    For Lease
    $500 /Mo ($10 SF/Yr)

    COMMERCIAL - Joplin, MO

    Property size:
    600 SF
    Lot size:
    0.66 Acres
    Days on Market:
    3
    Last Refresh:
    Feb 5 at 6:06 am

    Property Features for 212 W 5Th St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Size
    600 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

    GLENN GROUP LLC (417) 434-4845

    Listing agent Luke Gibson (417) 434-4845 License #2015033987

    Listing date Feb 3, 2026

    MLS# 260532

    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.

    Learn more

    Property Insight Report

    Overview

    Downtown Joplin Commercial Space Available

    A 600 sq ft second-floor commercial space is available for lease in a prime downtown location. The unit features dedicated parking and large windows that provide ample natural light. The open floor plan offers a versatile layout, suitable for a professional office. The property is located in Joplin, Missouri, within Jasper County, and is situated on a lot of 0.66 acres.
    Property Profile Insight Report 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
    -94.515279
    Latitude
    37.086364

    Nearby Similar for Lease

    • $9 SF/Yr
      9,185 SF

      Downtown Joplin Landmark Showroom Space

      Reimagined 9,200 SF commercial space with showroom and sport court.
      102 S Wall Ave, Joplin, MO 64801
      View Details
    • $25 SF/Yr
      5,087 SF

      Restaurant Space on Rangeline Road

      Restaurant space for lease with equipment and patio.
      3607 S Range Line Rd, Joplin, MO 64804
      View Details
    • $5,625 /Mo
      6,750 SF

      Joplin Office Space Available

      Full floor office space with private offices and conference room.
      402 S Main St, Joplin, MO 64801
      View Details
    • $5,625 /Mo
      6,750 SF

      Liberty Building Fourth Floor Office

      Versatile office space with conference room, break room, storage.
      402 S Main St, Joplin, MO 64801
      View Details
    • $5,625 /Mo
      6,750 SF

      Joplin Office Space For Rent

      Full floor office space with abundant natural light in Joplin.
      402 S Main St, Joplin, MO 64801
      View Details
    • $1,500 /Mo
      1,475 SF

      Office/Retail Space in Joplin, MO

      Recently built-out office/retail space with convenient parking and included furniture.
      3025 S Main St, Joplin, MO 64804
      View Details
    • $5 SF/Yr
      11,200 SF

      Joplin Industrial Park Office Space

      Office space in Joplin Industrial Park featuring private offices.
      3001 Davis Blvd, Joplin, MO 64804
      View Details
    • $3,040 /Mo
      3,638 SF

      Office Space in Joplin, MO

      Flexible office suites with private offices and open workspace available.
      402 S Main St, Joplin, MO 64801
      View Details
    • $1,265 /Mo
      1,513 SF

      Functional Office Suite in Joplin

      Office suite with reception, 6 offices, possible break room.
      402 S Main St, Joplin, MO 64801
      View Details
    • $9,500 /Mo
      9,800 SF

      Renovated Commercial Property with Smart Features

      Fully renovated commercial property with modern technology, comfort, and versatility.
      231 N Main St, Joplin, MO 64801
      View Details
    • $4,900 /Mo
      7,350 SF

      Restored Landmark Office Space

      Historic 7,350 sq ft commercial space in Joplin, MO.
      518 S Virginia Ave, Joplin, MO 64801
      View Details
    • $1,400 /Mo
      1,640 SF

      Joplin Office Space Available

      Move-in ready office space in high-traffic Joplin area.
      5898 N Main Rd, Joplin, MO 64801
      View Details

    FAQs

    What type of property is this?
    Office space - 600 sq ft office space in prime downtown location.
    Where is this office space located?
    The property is located at 212 W 5Th St, Unit 203-204 Joplin, MO.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - Prime downtown location; - Dedicated parking; - Open floor plan
    (417) 434-4845
    Request Owner's contact information
    212 W 5Th St, Unit 203-204 Joplin, MO 64801
    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.
    212 W 5Th St, Unit 203-204
    Joplin, MO 64801
    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
    212 W 5Th St, Unit 203-204 Joplin, MO 64801
    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

    We can help!
    Listing Contact
    Luke Gibson
    Real Estate License ID: 2015033987
    (417) 434-4845
    Learn more
    Google sign-in failed. Please try again or use another login method.