4961 Highway 43, Joplin, MO 64804
SINGLE_FAMILY - Joplin, MO
- Added:
- May 29, 2025
- Days on Market:
- 395
- Last Refresh:
- Jun 27 at 6:06 pm
Property Features for 4961 Highway 43
General Information
- Property type
- Residential
- Property subtype
- Retail
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Fencing
- Barbed Wire
- Standard status
- Active
- APN
- 08-20-04-000-000-016.000
- Lot size
- 3.30 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 3614
Utilities
- Utilities
- Electricity Available
- Heating system
- Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 1990
- Roof type
- Metal
Listing agent West-Cobb Alliance License #2008002944 (417) 231-3229
Listing office ReeceNichols - Neosho 1010 W. Harmony, Kimberling City, MO (417) 451-4155
Listing date May 29, 2025
Copyright © 2026 Southern Missouri Regional MLS, LLC (SOMO). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Established, profitable business (Joplin Marine Center) with 50+ year track record.
- Prime location: High‑visibility on 3.3 fully fenced acres near I‑44 & Hwy 43 exit.
- Strong Cap Rate based on current P&L figures indicates immediate income potential.
- Significant redevelopment or repurposing potential for various commercial uses.
- 6,150 sq. ft. retail and service facility.
- High daily traffic count.
Overview
The property is positioned south of the Petro truck stop and is less than one mile from the I-44 & Hwy 43 exit, placing it in a high-visibility commercial corridor with convenient highway access. The fenced acreage also supports uses that benefit from secure, dedicated outdoor space.
Whether continuing the established marine operation or pursuing a different commercial concept, the asset offers a flexible layout with a purpose-built retail and service building plus substantial secured land. For buyers and investors seeking an established business with both improvements and outdoor acreage at a well-connected interchange area, this property provides a practical platform to evaluate current use or redevelopment possibilities.
Local Financial Insights For Retail
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 | $86.3k | $14.04 |
| − Vacancy | −$3.5k | −$0.56 |
| EGI | $82.9k | $13.48 |
| − OpEx | −$24.9k | −$4.04 |
| NOI | $58.0k | $9.43 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Joplin
- County
- Jasper
- State
- Missouri
- Longitude
- -94.551293
- Latitude
- 36.998078
