Gated Flex Industrial
231 N Main Street Joplin, MO 64801
For Sale
$1,700,000
COMMERCIAL - Joplin, MO
Property Size13,800 SF
Lot Size0.72 Acres
Price / SF$123.19
Days on Market282
Property Features for 231 N Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- M-2
- Bathrooms
- 5
- Rooms
- Bathroom 1, Bathroom 3, Bathroom 5, Bathroom 4, Bathroom 2
- Fencing
- Chain Link
- Standard status
- Active
- APN
- 19200310032014000
- Size
- 13,800 SF
- Lot size
- 0.72 Acres
Taxes and HOA fees
- Tax Description
- WILSON & HUTTON 1ST LOTS 14 TO 16 INC & VAC ALLEY LYING E & ADJ SD LOTS
- Tax Annual Amount
- 5070
Utilities
- Heating system
- Natural Gas, Central
- Cooling system
- Central Air
Building Details
- Year built
- 1950
- Flooring type
- Vinyl, Concrete
Listing Agency:
KELLER WILLIAMS REALTY ELEVATE
(417) 623-9900
Listed By:
Amy Hunt Team · License #2017015942
(417) 499-8699
Added: Oct 16, 2025
Changed: Jun 11
Last Checked: Jul 24 at 5:06PM
MLS# 255797
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 fully renovated flex-style industrial property was designed for flexible use and currently operates as three separate suites combined into one. The building includes 7 private offices, a welcoming lobby with a built-in reception desk, a large conference room, and a break room. Support space features 5 bathrooms, 2 small storage rooms, and a large open hallway. The warehouse and event space are both air-conditioned and heated for year-round comfort.
Security and technology are built into the facility. It has a gated and fenced yard, a smart lock system with key card access, and 20+ security cameras with months of recording capability. Interior and exterior improvements include LED lighting conversion, smart home and motion lighting, and app-controlled garage doors. The property also features all new Argon-filled exterior windows, a back deck intended for employee breaks, and durable 10- to 12-inch exterior walls with improved insulation.
Operational features include one exterior loading dock and 6 covered interior loading docks, along with multiple garage doors totaling 3 exterior 14x18 openings, 1 exterior 10x10, one 10x10 glass door, 2 exterior 8x16 glass doors, 1 10x10 interior door, and 6 interior 7x8 garage doors. The largest office includes a 65-inch built-in smart board. Zoned M-2, the property is located at 231 N Main Street in Joplin, Missouri.
Security and technology are built into the facility. It has a gated and fenced yard, a smart lock system with key card access, and 20+ security cameras with months of recording capability. Interior and exterior improvements include LED lighting conversion, smart home and motion lighting, and app-controlled garage doors. The property also features all new Argon-filled exterior windows, a back deck intended for employee breaks, and durable 10- to 12-inch exterior walls with improved insulation.
Operational features include one exterior loading dock and 6 covered interior loading docks, along with multiple garage doors totaling 3 exterior 14x18 openings, 1 exterior 10x10, one 10x10 glass door, 2 exterior 8x16 glass doors, 1 10x10 interior door, and 6 interior 7x8 garage doors. The largest office includes a 65-inch built-in smart board. Zoned M-2, the property is located at 231 N Main Street in Joplin, Missouri.
Key Highlights
- Fully renovated commercial building with 3 suites currently operated as one, with space that can be divided for separate use
- Zoned M‑2, with 7 private offices plus lobby, built‑in reception desk, large conference room, break room, and open hallway
- Warehouse and event space both have central heating and central air for year‑round comfort
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $82.8k | $6.00 |
| − Vacancy | −$2.9k | −$0.21 |
| EGI | $79.9k | $5.79 |
| − OpEx | −$12.0k | −$0.87 |
| NOI | $67.9k | $4.92 |
13,800 SF · lease $6.00/SF/yr · vacancy 3.50% · expense 15.00%
Alternative Uses
Best Use
Office B
$2.60M
$2.27M – $3.03M
NOI $181,829 @ 7.0% cap · market cap 10.70%
Second Best
Warehouse
$970.2K
$849.0K – $1.13M
NOI $67,917 @ 7.0% cap · market cap 4.00%
Theoretical Best
Office A
$4.16M
$3.64M – $4.86M
NOI $291,456 @ 7.0% cap · market cap 17.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Simpson Sheet Metal ...
HVAC Service
FAQs
What type of property is this?
Flex space - Fully renovated flex-style property with gated security, air-conditioned/heated warehouse space, and smart key-card access.
Where is this flex space located?
The property is located at 231 N Main Street Joplin, MO.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Fully renovated commercial building with 3 suites currently operated as one, with space that can be divided for separate use; Zoned M‑2, with 7 private offices plus lobby, built‑in reception desk, large conference room, break room, and open hallway; Warehouse and event space both have central heating and central air for year‑round comfort
