Retail and Service Facility with
4961 Highway 43 Joplin, MO 64804
4961 Highway 43, Joplin, MO, 64804
$995,000
For Sale
$995,000
Retail and service facility on 3.3 fully fenced acres near a Petro truck stop and I-44/Hwy 43 exit.
Property Size6,150 SF
Lot Size3.30 Acres
Price / SF$161.79
Days on Market751
Property Features for 4961 Highway 43
General Information
- Standard status
- Active
- Size
- 6,150 SF
- Lot size
- 3.30 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1990
Listing agency
ReeceNichols
(417) 451-4155
Listed by
West-Cobb Alliance · License #2008002944
Source
Xome
Added: Jul 2, 2024 Updated: Jul 22 at 3:38AM Checked: Jul 22 at 3:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ReeceNichols
Investment Insights
Based on property information with market context.
Joplin Marine Center is a retail and service facility situated on 3.3 fully fenced acres. The property includes a 6,150 sq. ft. building that is described as suited for marine operations, with the stated ability to be adapted to a variety of commercial uses.
The site is located just south of the Petro truck stop and less than one mile from the I-44 & Hwy 43 exit, placing it within a high-traffic commercial corridor with strong accessibility. The property is positioned just outside Joplin city limits, offering flexibility for continued operations or redevelopment.
For-sale investors will find the property promoted as a long-established business opportunity, with 50+ years of profitable operations referenced in the marketing materials and a stated basis for returns using current P&L figures.
The site is located just south of the Petro truck stop and less than one mile from the I-44 & Hwy 43 exit, placing it within a high-traffic commercial corridor with strong accessibility. The property is positioned just outside Joplin city limits, offering flexibility for continued operations or redevelopment.
For-sale investors will find the property promoted as a long-established business opportunity, with 50+ years of profitable operations referenced in the marketing materials and a stated basis for returns using current P&L figures.
Key Highlights
- 6,150 SF retail and service facility on 3.3 fully fenced acres
- Central air cooling; metal roof
- Established business: Joplin Marine Center with 50+ years of profitable operations
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $86.3k | $14.04 |
| − Vacancy | −$3.5k | −$0.56 |
| EGI | $82.9k | $13.48 |
| − OpEx | −$24.9k | −$4.04 |
| NOI | $58.0k | $9.43 |
6,150 SF · lease $14.04/SF/yr · vacancy 4.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$828.9K
$725.3K – $967.1K
NOI $58,025 @ 7.0% cap · market cap 5.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.86M
$1.62M – $2.16M
NOI $129,888 @ 7.0% cap · market cap 13.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail and service facility on 3.3 fully fenced acres near a Petro truck stop and I-44/Hwy 43 exit.
Where is this retail space located?
The property is located at 4961 Highway 43 Joplin, MO.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 6,150 SF retail and service facility on 3.3 fully fenced acres; Central air cooling; metal roof; Established business: Joplin Marine Center with 50+ years of profitable operations
