Building Details

Flooring type Ceramic

Roof type Built-Up, Metal

Listing Agency: KELLER WILLIAMS REALTY ELEVATE k***@kw.com Show Phone

Listed By: Tim Goostree Team · License #1999098900 Show Phone

Added: May 29 Changed: Oct 8 Last Checked: Oct 20 at 4:06AM

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MLS# 262921

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 conventional restaurant property includes 3,469 square feet of building area on a 0.88-acre site. Interior finishes include ceramic flooring, while central heating and central air conditioning serve the building. The roof is constructed with built-up and metal materials.

The property is located at 1810 S Main Street in Joplin, Missouri. MODOT reports average daily traffic in the 10,000–20,000 range for the area, providing a measurable transportation context for the site.

Key Highlights

• 3,469‑square‑foot conventional restaurant property
• 0.88‑acre site at 1810 S Main Street
• Average daily traffic of 10,000–20,000 per MODOT

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$35,067

Cap Rate

5.05%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$701,340 $701.3K

Cap Rate 7%

$500,957 $501.0K

Cap Rate 9%

$389,633 $389.6K

Is this asking price fair?

Market Conditions

NOI Build-Up for 3,469 SF

Gross rent

$48.7K $14.04/SF

− Vacancy

−$1.9K −$0.56/SF

EGI

$46.8K $13.48/SF

− OpEx

−$11.7K −$3.37/SF

NOI

$35.1K $10.11/SF

Area

Jasper County, MO

Vacancy

4.00%

Lease Rate

$14.04 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$701,340

Cap Rate 7%

$500,957

Cap Rate 9%

$389,633

Alternative Uses

Best Use

Specialty Retail

$501.0K

$438.3K – $584.5K (±1% cap)

NOI $35,067 @ 7.0% cap · market cap 5.05%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$1.05M

$915.8K – $1.22M (±1% cap)

NOI $73,265 @ 7.0% cap · market cap 10.54%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Grocery & Convenience Store Storage Facility (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20,000 VPD

Traffic count

Location Intelligence

Trade Area within ½ mile

538

Businesses Nearby

12k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 66% Shops & Services 34%

Conoco Shops & Services

4,107 visits/mo 0.1 miles

Papa John's Pizza Dining

3,165 visits/mo 0.1 miles

Heavenly Donuts Dining

2,794 visits/mo 0.1 miles

Dude's Daylight Donuts Dining

1,865 visits/mo 0.4 miles

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 Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Restaurant property with ceramic flooring, central heating, and central air conditioning.

Where is this conventional restaurant located?

The property is located at 1810 S Main Street Joplin, MO.

What is the asking price?

The asking price for this property is $695,000.

What are key features of this property?

This property features: 3,469‑square‑foot conventional restaurant property; 0.88‑acre site at 1810 S Main Street; Average daily traffic of 10,000–20,000 per MODOT