Retail Storefront
For Sale
$850,000
812 S Rangeline Road, Joplin, MO 64801
Commercial Sale, Joplin, MO
Property Size3,412 SF
Lot Size0.78 Acres
Price / SF$249.12
Days on Market100
Property Features for 812 S Rangeline Road
General Information
Property type
Commercial Sale
Property subtype
Other
Fencing
Partial
Directions
From 7th and Rangeline, South on Rangeline to building on West side.
Subdivision
01 - Joplin City - NW
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
Metal, Built-Up
Listing Agency:
KELLER WILLIAMS REALTY ELEVATE
(417) 623-9900
Listed By:
Tim Goostree Team · License #1999098900
(417) 437-5347
Added: May 29
Changed: Sep 3
Last Checked: Sep 5 at 1:06AM
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.
Investment Insights
Based on property information with market context.
This retail storefront property contains 3,412 square feet on a 0.78-acre parcel. Interior finishes include ceramic flooring, while central heating and central air conditioning serve the building. The improvements are covered by metal and built-up roofing, and the site includes partial fencing.
Located at 812 S Rangeline Road in Joplin, Missouri, the property is positioned along a corridor with reported average daily traffic of 20,000-40,000 vehicles, according to MODOT. The 64801 property is within Jasper County and offers a combination of retail building area and surrounding land.
Located at 812 S Rangeline Road in Joplin, Missouri, the property is positioned along a corridor with reported average daily traffic of 20,000-40,000 vehicles, according to MODOT. The 64801 property is within Jasper County and offers a combination of retail building area and surrounding land.
Key Highlights
- 3,412‑square‑foot retail storefront property
- 0.78‑acre parcel in Joplin, MO
- Reported MODOT average daily traffic of 20,000‑40,000
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$32,192
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.79%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$643,840
$643.8K
Cap Rate 7%
$459,886
$459.9K
Cap Rate 9%
$357,689
$357.7K
Market Conditions
NOI Build-Up for 3,412 SF
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.
Gross rent
$47.9K $14.04/SF
− Vacancy
−$1.9K −$0.56/SF
EGI
$46.0K $13.48/SF
− OpEx
−$13.8K −$4.04/SF
NOI
$32.2K $9.43/SF
Area
Jasper County, MO
Vacancy
4.00%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$643,840
Cap Rate 7%
$459,886
Cap Rate 9%
$357,689
Alternative Uses
Best Use
Retail
$459.9K
$402.4K – $536.5K
NOI $32,192 @ 7.0% cap · market cap 3.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.03M
$900.8K – $1.20M
NOI $72,061 @ 7.0% cap · market cap 8.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
548
Businesses Nearby
646k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 32%
Dining 28%
Superstores 19%
Apparel 13%
Target
Superstores
95,206 visits/mo
0.4 miles
Hobby Lobby
Shops & Services
65,524 visits/mo
0.4 miles
Raising Cane's Chicken Fingers
Dining
42,873 visits/mo
0.2 miles
Ross Dress for Less
Apparel
42,437 visits/mo
0.4 miles
McDonald's
Dining
28,554 visits/mo
0.1 miles
Demographics for 64801, MO
35,234
Population
17,460
Households
2
Avg Household Size
37
Median Age
26%
College-Educated
90%
High-School Grad
57.5 sq mi
ZIP Area
613
Density / Sq Mi
$51,360
Median Household Income
$31,103
Median Earnings
$884
Median Rent
$176,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Plant parenthood — 101 N Rangeline Rd Ste. 362, Joplin, MO 64801
Frequently Asked Questions
What type of property is this?
Storefront property - The building includes central heating, central air conditioning, and ceramic flooring.
Where is this storefront property 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: 3,412‑square‑foot retail storefront property; 0.78‑acre parcel in Joplin, MO; Reported MODOT average daily traffic of 20,000‑40,000
