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    Retail Storefront Property on Corridor Title is generated by Realmo AI

    812 S Rangeline Road, Joplin, MO 64801

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    Picture of Retail space at 812 S Rangeline Road, Joplin, MO
    For Sale
    $850,000

    COMMERCIAL - Joplin, MO

    Property size:
    3,412 SF
    Lot size:
    0.78 Acres
    Price / SF:
    $249/SF
    Added:
    May 29, 2026
    Days on Market:
    7
    Last Refresh:
    Jun 4 at 3:06 pm

    Property Features for 812 S Rangeline Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Fencing
    Partial
    Standard status
    Active
    APN
    19101210009016000
    Size
    3,412 SF
    Lot size
    0.78 Acres

    Taxes and HOA fees

    Tax Annual Amount
    8547

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Flooring type
    Ceramic
    Roof type
    Built-Up, Metal

    We can help!

    Listing Contact
    Tim Goostree Team

    Listing agent Tim Goostree Team License #1999098900

    Listing office KELLER WILLIAMS REALTY ELEVATE 619 S Florida, Joplin, MO

    Listing date May 29, 2026

    MLS# 262922

    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

    • Central heating and central air conditioning
    • Ceramic flooring
    • Partial fencing
    • Roof includes built‑up and metal roofing
    • Retail corridor with MODOT‑reported average daily traffic count of 20,000–40,000

    Overview

    This retail storefront property includes approximately 3,412 square feet of space situated on about 0.78 acres. The offering is presented for sale and is structured for retail use, with the building configuration intended to serve customers directly from the corridor.

    The property is located at 812 S Rangeline Road in Joplin, Missouri (Jasper County). Public remarks cite average daily traffic volumes on the MODOT network of 20,000–40,000 vehicles per day, which can support businesses that rely on drive-by visibility and convenient access for passing traffic.

    For tenants and buyers seeking a retail site, this format can work well for local and regional operators that want storefront presence along a measured, high-traffic route. The available land area may also be helpful for accommodating on-site operational needs tied to retail activity. Interested parties should verify current site and building details during due diligence.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center 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
    -94.477929
    Latitude
    37.081435

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    FAQs

    What type of property is this?
    Retail space - Retail storefront property on a high-traffic corridor with MODOT-recorded daily averages of 20,000–40,000 vehicles.
    Where is this retail space located?
    The property is located at 812 S Rangeline Road Joplin, MO.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: Central heating and central air conditioning; Ceramic flooring; Partial fencing
    (417) 437-5347
    We can help!
    Listing Contact
    Tim Goostree Team
    Real Estate License ID: 1999098900
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    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
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    812 S Rangeline Road, Joplin, MO 64801
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