Add Listing
    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

    3941 E 20Th St, Unit E Joplin, MO 64801

    View on Map
    Sponsored
    Picture of Office Units at E 20Th St 3941, Joplin, MO
    For Lease
    $1,200 /Mo ($9 SF/Yr)

    COMMERCIAL - Joplin, MO

    Property size:
    1,500 SF
    Lot size:
    0.52 Acres
    Days on Market:
    56
    Last Refresh:
    Mar 9 at 10:06 pm

    Property Features for 3941 E 20Th St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Size
    1,500 SF
    Lot size
    0.52 Acres

    Utilities

    Heating system
    Natural Gas, Central
    Cooling system
    Central Air

    Building Details

    Flooring type
    Ceramic
    Roof type
    Composition

    We can help!

    Listing Contact
    Kent D Eastman
    Kent D Eastman

    Keller Williams Realty of SW Missouri (417) 623-9900

    Listing agent Kent D Eastman License #1999083894

    Listing date Jan 12, 2026

    MLS# 232169

    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

    Joplin Commercial Space Available

    This commercial space, identified as Unit B, offers 1500 square feet. Each unit is equipped with an HVAC unit and an ADA-compliant bathroom. The property is situated on a lot of 0.52 acres. The property is located in Joplin, Missouri.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Specialty Risk Insurance ... Insurance Agency Pearson-Kelly Technology Tech Support Center

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Nail Salon Hotel & Motel Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Joplin
    County
    Jasper
    State
    Missouri
    Longitude
    -94.460037
    Latitude
    37.069639

    Nearby Similar for Lease

    • New
      $475 /Mo
      Pending

      Downtown Joplin Office Space Rental

      Newly renovated office space in historic downtown Joplin building.
      112 S Main St, Joplin, MO 64801
      View Details
    • New
      $525 /Mo
      Pending

      Downtown Joplin Office Space Rental

      Furnished office space in a renovated historic downtown building.
      112 S Main St, Joplin, MO 64801
      View Details
    • New
      $750 /Mo
      Pending

      Downtown Joplin Renovated Office Space

      Newly renovated office space in historic downtown Joplin building.
      112 S Main St, Joplin, MO 64801
      View Details
    • $6 SF/Yr
      5,031 SF

      Versatile Commercial Space on Main

      5,031 sq ft commercial space available for rent.
      5171 N Main St, Joplin, MO 64801
      View Details
    • New
      $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 St, Joplin, MO 64801
      View Details
    • $750 /Mo
      900 SF

      Downtown Office Space For Lease

      900 sq ft office space in downtown Joplin, Missouri.
      212 W 5Th St, Joplin, MO 64801
      View Details
    • $900 /Mo
      1,260 SF

      Downtown Joplin Commercial Office Space

      Second-floor office space with parking and flexible layout.
      212 W 5Th St, Joplin, MO 64801
      View Details
    • $600 /Mo
      609 SF

      Downtown Joplin Commercial Space Available

      609 sq ft office space in prime downtown location.
      212 W 5Th St, Joplin, MO 64801
      View Details
    • $200 SF/Yr
      200 SF

      Downtown Joplin Commercial Office Space

      200 sq ft office space with dedicated parking.
      212 W 5Th St, Joplin, MO 64801
      View Details
    • $550 /Mo
      660 SF

      Downtown Joplin Office Space Available

      660 sq ft office space in prime downtown Joplin.
      212 W 5Th St, Joplin, MO 64801
      View Details
    • New
      $2,075 /Mo
      2,000 SF

      Downtown Joplin Commercial Space Available

      Prime commercial space in high-traffic downtown Joplin location.
      906 S Main St, Joplin, MO 64801
      View Details
    • $500 /Mo
      600 SF

      Downtown Joplin Commercial Space Available

      600 sq ft office space in prime downtown location.
      212 W 5Th St, Joplin, MO 64801
      View Details

    FAQs

    What type of property is this?
    Office units - Office space for lease with easy access and ADA bath.
    Where is this office units located?
    The property is located at 3941 E 20Th St, Unit E Joplin, MO.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: - 1500 Sqft Unit; - Easy Access; - HVAC Unit Included
    (417) 659-7511
    Request Owner's contact information
    3941 E 20Th St, Unit E 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.
    3941 E 20Th St, Unit E
    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
    3941 E 20Th St, Unit E 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
    Kent D Eastman
    Kent D Eastman
    Real Estate License ID: 1999083894
    (417) 659-7511 (417) 623-9900
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!