Two-Story Flex
For Sale
$310,000
111 W 20th Street, Joplin, MO 64804
Commercial Sale, Joplin, MO
Property Size7,650 SF
Lot Size0.13 Acres
Price / SF$40.52
Days on Market54
Property Features for 111 W 20th Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C1
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Fencing
Chain Link, Fenced
Directions
Corner of Joplin and 20th Street.
Subdivision
01 - Joplin City - NW
Standard status
Active
APN
19201040056007000
Size
7,650 SF
Lot size
0.13 Acres
Additional Details
Property Use
Warehouse/Office
Taxes and HOA fees
Tax Annual Amount
2581
Utilities
Heating system
Natural Gas, Ceiling
Cooling system
Central Air, Attic Fan
Amenities
break room
Building Details
Flooring type
Vinyl, Concrete, Carpet, Hardwood
Roof type
Rolled Hot Mop
Listing Agency:
KELLER WILLIAMS REALTY ELEVATE
(417) 623-9900
Listed By:
J. Lowe & Associates, Judy Lowe · License #2007028482
(417) 793-7122
Added: Sep 14
Changed: Oct 27
Last Checked: Nov 6 at 6:06AM
MLS# 265199
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.
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Investment Insights
Based on property information with market context.
This two-story flex property at 111 W 20th Street in Joplin contains 7,650 square feet on 0.13 acres. The building combines warehouse, office, and business-use areas within a stucco-clad, concrete-block structure originally constructed in 1920. Warehouse improvements include an 8-foot overhead door, loading area, freight elevator, and heat. The office component has heating and cooling, two private offices, reception space, and a break room.
The property is served by both single-phase and three-phase electrical power and includes vinyl, concrete, hardwood, and carpet flooring. Upstairs HVAC heat and the sewer system were replaced in 2021. C1 zoning, a fenced chain-link perimeter, central air, natural gas heat, and a rolled hot-mop roof are also part of the property improvements.
The property is served by both single-phase and three-phase electrical power and includes vinyl, concrete, hardwood, and carpet flooring. Upstairs HVAC heat and the sewer system were replaced in 2021. C1 zoning, a fenced chain-link perimeter, central air, natural gas heat, and a rolled hot-mop roof are also part of the property improvements.
Key Highlights
- 7,650‑square‑foot two‑story flex property on 0.13 acres
- Warehouse includes an 8‑foot overhead door, loading area, and freight elevator
- Office area has two private offices, reception space, break room, and heating and cooling
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,045
Cap Rate
9.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$560,900
$560.9K
Cap Rate 7%
$400,643
$400.6K
Cap Rate 9%
$311,611
$311.6K
Market Conditions
NOI Build-Up for 7,650 SF
Gross rent
$45.9K $6.00/SF
− Vacancy
−$2.8K −$0.36/SF
EGI
$43.1K $5.64/SF
− OpEx
−$15.1K −$1.97/SF
NOI
$28.0K $3.67/SF
Area
Jasper County, MO
Vacancy
6.00%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$560,900
Cap Rate 7%
$400,643
Cap Rate 9%
$311,611
Alternative Uses
Best Use
Warehouse
$537.8K
$470.6K – $627.5K
NOI $37,649 @ 7.0% cap · market cap 12.14%
Second Best
Industrial
$442.9K
$387.6K – $516.8K
NOI $31,005 @ 7.0% cap · market cap 10.00%
Theoretical Best
Office A
$2.31M
$2.02M – $2.69M
NOI $161,568 @ 7.0% cap · market cap 52.12%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
538
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 64804, MO
38,078
Population
16,844
Households
2.3
Avg Household Size
39
Median Age
28%
College-Educated
91%
High-School Grad
91.4 sq mi
ZIP Area
417
Density / Sq Mi
$62,081
Median Household Income
$34,780
Median Earnings
$886
Median Rent
$171,500
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Mixed warehouse and office improvements include loading functionality, climate-controlled work areas, and adaptable business space.
Where is this flex space located?
The property is located at 111 W 20th Street Joplin, MO.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: 7,650‑square‑foot two‑story flex property on 0.13 acres; Warehouse includes an 8‑foot overhead door, loading area, and freight elevator; Office area has two private offices, reception space, break room, and heating and cooling
