Warehouse with Containment
For Sale
$329,900
1155 Outer Road, Joplin, MO 64804
COMMERCIAL - Joplin, MO
Property Size3,200 SF
Lot Size4.75 Acres
Price / SF$103.09
Days on Market357
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
044020001001007000
Size
3,200 SF
Lot size
4.75 Acres
Taxes and HOA fees
Tax Annual Amount
1214
Utilities
Heating system
Forced 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: Aug 26, 2025
Changed: Aug 4
Last Checked: Aug 17 at 5:06AM
MLS# 254728
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 warehouse property includes 3,200 square feet of building area on 4.75 acres. The structure has concrete flooring, a metal roof, forced-air heating, and an office and bathroom area with full climate control. A large containment area sits east of the building and includes a power-operated gate with remote opening and closing notifications.
The property has frontage along the east side of I-44 and is outside the city in Newton County. City water, Liberty Electric, and septic serve the site. Approximately 3.5 acres of surplus ground provide additional area for expansion or inventory.
The property has frontage along the east side of I-44 and is outside the city in Newton County. City water, Liberty Electric, and septic serve the site. Approximately 3.5 acres of surplus ground provide additional area for expansion or inventory.
Key Highlights
- 3,200‑square‑foot warehouse on 4.75 acres
- East frontage along I‑44
- Climate‑controlled office and bathroom area
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
4.77%
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 4.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$965.5K
$844.8K – $1.13M
NOI $67,584 @ 7.0% cap · market cap 20.49%
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
119
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.
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse property with climate-controlled office and bathroom space, a gated containment area, and expansion ground.
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 $329,900.
What are key features of this property?
This property features: 3,200‑square‑foot warehouse on 4.75 acres; East frontage along I‑44; Climate‑controlled office and bathroom area
