I-44 Frontage
For Sale
$249,900
1155 Outer Road, Joplin, MO 64804
COMMERCIAL - Joplin, MO
Property Size3,200 SF
Lot Size1.00 Acre
Price / SF$78.09
Days on Market312
Property Features for 1155 Outer Road
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
32nd and Rangeline East to Outer Road West on Outer Road to property on south side
Subdivision
04 - Joplin City - SE
Standard status
Active
APN
044020001001007000b
Size
3,200 SF
Lot size
1.00 Acre
Utilities
Heating system
Forced Air
Cooling system
Zoned, Central Air
Building Details
Flooring type
Concrete
Roof type
Metal
Listing Agency:
Andrew Bright & Associates
(620) 313-0127
Listed By:
John Hyman · License #2014018673
(417) 437-9051
Added: Oct 18, 2025
Changed: Aug 4
Last Checked: Aug 25 at 2:06PM
MLS# 255832
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 for-sale warehouse offers approximately 3,200 square feet of building space on a 1-acre lot. The property includes an office/bathroom area with full climate control.
The site is located outside the city in Newton County with I-44 east frontage. Utilities include city water, Liberty Electric, and septic.
Additional acreage may be available; please refer to MLS #254728 for details if needed.
The site is located outside the city in Newton County with I-44 east frontage. Utilities include city water, Liberty Electric, and septic.
Additional acreage may be available; please refer to MLS #254728 for details if needed.
Key Highlights
- 3,200 SF warehouse on 1 acre with I‑44 east frontage
- Located outside the city in Newton County
- City water, Liberty Electric, and septic services available
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
$15,749
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
6.30%
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%
$314,980
$315.0K
Cap Rate 7%
$224,986
$225.0K
Cap Rate 9%
$174,989
$175.0K
Market Conditions
NOI Build-Up for 3,200 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
$19.2K $6.00/SF
− Vacancy
−$672 −$0.21/SF
EGI
$18.5K $5.79/SF
− OpEx
−$2.8K −$0.87/SF
NOI
$15.7K $4.92/SF
Area
Jasper County, MO
Vacancy
3.50%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
15.00%
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%
$314,980
Cap Rate 7%
$224,986
Cap Rate 9%
$174,989
Alternative Uses
Best Use
Warehouse
$225.0K
$196.9K – $262.5K
NOI $15,749 @ 7.0% cap · market cap 6.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$965.5K
$844.8K – $1.13M
NOI $67,584 @ 7.0% cap · market cap 27.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
68
Businesses Nearby
Well-served
Demand for This Use
Explore this area
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
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Crossroads Mini Storage — 11376 State Hwy FF, Joplin, MO 64804
- Comer's Crossroads Storage — 5610 E 32nd St, Joplin, MO 64804
Frequently Asked Questions
What type of property is this?
Warehouse - 3200 sf warehouse on 1 acre with I-44 east frontage and office/bathroom area with full climate control.
Where is this warehouse located?
The property is located at 1155 Outer Road Joplin, MO.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: 3,200 SF warehouse on 1 acre with I‑44 east frontage; Located outside the city in Newton County; City water, Liberty Electric, and septic services available
