Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    22-Acre Commercial Tract in Joplin Title is generated by Realmo AI

    N Newman Road, Joplin, MO 64801

    View on Map
    Claim this Listing
    For Sale
    $473,900

    COMMERCIAL - Joplin, MO

    Lot size:
    22.00 Acres
    Added:
    Apr 21, 2026
    Days on Market:
    47
    Last Refresh:
    Jun 6 at 8:06 am

    Property Features for N Newman Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    20300600000005001
    Lot size
    22.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1509

    We can help!

    Listing Contact
    JRC Group - Steve Johnson

    Listing agent JRC Group - Steve Johnson License #2006010700

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

    Listing date Apr 21, 2026

    MLS# 262095 Listing URL

    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

    • Prime location in a highly desirable area
    • Large 22‑acre commercial tract
    • Potential for a wide range of development opportunities
    • Features a small creek running through the land
    • Attractive natural setting
    • Suitable for restaurants, retail, commercial buildings, mixed‑use concepts, and walking trails

    Overview

    This 22-acre commercial tract is located in a prime location and offers potential for development opportunities. A small creek runs through the land, creating a natural setting that could enhance plans for restaurants, retail, commercial buildings, mixed-use concepts, and walking trails. The property is located in Joplin, Missouri.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Joplin
    County
    Jasper
    State
    Missouri
    Longitude
    -94.471524
    Latitude
    37.097867

    Nearby Similar for Sale

    • $920,000
      9,568 SF

      Multi-Building Flex Office/Warehouse Complex

      Three secured buildings combine office, showroom, and warehouse/shop space with ample on-site parking and a large concrete slab.
      531 N Schifferdecker Avenue, Joplin, MO 64801
      View Details
    • $600,000
      6,540 SF

      Turnkey Medical Office Suite

      Suite with waiting, reception, exam rooms, private offices, and an additional street-access basement.
      1703 W 30th Street, Joplin, MO 64804
      View Details
    • $333,000
      3,360 SF

      Retail/Office Building on 0.62 Acres

      3,360 SF retail/office building with excellent visibility and frontage.
      5467 N Main Street Road, Joplin, MO 64801
      View Details
    • $1,400,000
      3,600 SF

      Turnkey Flex Office and Shop

      Remodeled office with multiple rooms plus a heated, fenced shop with overhead doors and powered storage.
      3203 N Rangeline Road, Joplin, MO 64801
      View Details
    • $1,500,000
      12,182 SF

      Restaurant Property with Event Center

      Steel-framed restaurant plus an event center with extensive parking and dual zoning supports multiple commercial uses.
      2728 &2802 N Rangeline Road, Joplin, MO 64801
      View Details
    • $695,000
      10,800 SF

      Automotive Service and Showroom Building

      Versatile building with showroom, offices, large work area, and seven overhead doors on a high-visibility corridor.
      402 E 7th Street, Joplin, MO 64801
      View Details
    • $488,000
      7,318 SF

      Versatile Commercial Building Near I-44

      Adaptable commercial property near medical corridor and Interstate 44.
      5734 S Main Street, Joplin, MO 64801
      View Details
    • $873,562
      12,318 SF

      Flex Space with Multiple Overhead Doors

      Flexibly zoned C-3 property on a fully fenced lot with six overhead doors and major 2013 system updates.
      711 S Patterson Avenue, Joplin, MO 64801
      View Details
    • $488,000
      7,318 SF

      Versatile Commercial Property Near I-44

      Adaptable commercial building near the Joplin medical corridor and I-44.
      5734 S Main Street, Joplin, MO 64801
      View Details
    • $1,699,000
      15,000 SF

      Versatile Commercial Building on Route 66

      Adaptable commercial building with high visibility and multiple usable areas.
      204 E 7th Street, Joplin, MO 64801
      View Details
    • $1,699,000
      14,700 SF

      Mixed-Use Commercial Building with Parking

      Versatile downtown building with multiple configurations, nine bathrooms, and about 41 sealed parking spaces for customer access.
      204 E 7th Street, Joplin, MO 64801
      View Details
    • $799,000
      7,000 SF

      Medical Office Building with Reception

      Flexible two-level office layout with reception, multiple rooms, and an upstairs living quarters configuration.
      2531 E 32nd Street, Joplin, MO 64804
      View Details

    FAQs

    What type of property is this?
    Commercial land - Prime commercial land with creek, ideal for development.
    Where is this commercial land located?
    The property is located at N Newman Road Joplin, MO.
    What is the asking price?
    The asking price for this property is $473,900.
    What are key features of this property?
    This property features: Prime location in a highly desirable area; Large 22‑acre commercial tract; Potential for a wide range of development opportunities
    (417) 850-7391
    We can help!
    Listing Contact
    JRC Group - Steve Johnson
    Real Estate License ID: 2006010700
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    N Newman Road, Joplin, MO 64801
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!