Office and Warehouse Flex
1831 S Joplin Avenue, Joplin, MO 64804
For Sale
New
$234,500
Commercial Sale, Joplin, MO
Property Size2,200 SF
Lot Size0.14 Acres
Price / SF$106.59
Days on Market1
Property Features for 1831 S Joplin Avenue
General Information
Property type
Property subtype
Bathrooms
Full bathrooms
Rooms
Fencing
Directions
Subdivision
Special listing conditions
Standard status
Size
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Cooling system
Building Details
Year built
Flooring type
Roof type
Buildings
Listing Agency:
Real Broker, LLC
(855) 450-0442
Listed By:
Brent Patterson · License #2021006469
(417) 592-8042
Added: Nov 6
Last Checked: Nov 6 at 10:06PM
MLS# 266292
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 flex property at 1831 S Joplin Avenue combines an office building with a separate warehouse/shop. The approximately 1,300-square-foot office has a reception area, two open work areas, two private offices, and two bathrooms. Its layout may be divided into two units, each with its own HVAC system and electric meter. The roughly 900-square-foot shop has an overhead garage door, concrete flooring, and upper-level storage beyond the stated area.
A gated, fenced paved area sits between the office and shop. The property occupies 0.14 acres in Joplin, Missouri, and the office was built in 1950.
A gated, fenced paved area sits between the office and shop. The property occupies 0.14 acres in Joplin, Missouri, and the office was built in 1950.
Key Highlights
- Approximately 1,300‑square‑foot office with reception, two open office areas, two private offices, and two bathrooms
- Separate approximately 900‑square‑foot warehouse/shop with overhead garage door and concrete floors
- Upper‑level storage area is additional to the shop’s stated square footage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,827
Cap Rate
4.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$216,540
$216.5K
Cap Rate 7%
$154,671
$154.7K
Cap Rate 9%
$120,300
$120.3K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$13.2K $6.00/SF
− Vacancy
−$462 −$0.21/SF
EGI
$12.7K $5.79/SF
− OpEx
−$1.9K −$0.87/SF
NOI
$10.8K $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 Rate 5%
$216,540
Cap Rate 7%
$154,671
Cap Rate 9%
$120,300
Alternative Uses
Best Use
Office B
$414.1K
$362.3K – $483.1K
NOI $28,987 @ 7.0% cap · market cap 12.36%
Second Best
Warehouse
$154.7K
$135.3K – $180.5K
NOI $10,827 @ 7.0% cap · market cap 4.62%
Theoretical Best
Office A
$663.8K
$580.8K – $774.4K
NOI $46,464 @ 7.0% cap · market cap 19.81%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
538
Businesses Nearby
Under-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
$171,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Joplin, MO
Properties on Market for Flex space in Joplin
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - A separate shop and secured paved yard complement the office configuration for businesses needing work and storage space.
Where is this flex space located?
The property is located at 1831 S Joplin Avenue Joplin, MO.
What is the asking price?
The asking price for this property is $234,500.
What are key features of this property?
This property features: Approximately 1,300‑square‑foot office with reception, two open office areas, two private offices, and two bathrooms; Separate approximately 900‑square‑foot warehouse/shop with overhead garage door and concrete floors; Upper‑level storage area is additional to the shop’s stated square footage
