Historic Flex
215 S Wall Avenue, Joplin, MO 64801
For Sale
$695,000
Commercial Sale, Joplin, MO
Property Size5,700 SF
Lot Size0.14 Acres
Price / SF$121.93
Days on Market373
Property Features for 215 S Wall Avenue
General Information
Property type
Property subtype
Zoning
Directions
Subdivision
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Cooling system
Amenities
Solar panels
Building Details
Year built
Flooring type
Roof type
Listing Agency:
GLENN GIBSON COMMERCIAL REAL ESTATE
(417) 825-8213
Listed By:
Luke Gibson · License MO #2015033987
(417) 359-6868
Added: Nov 5, 2025
Changed: Oct 17
Last Checked: Nov 12 at 9:06AM
MLS# 256192
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.
The White Motor Company Building provides 5,700 square feet of adaptable commercial space in a structure built in 1911 and renovated in 2019. Preserved architectural details, exposed brick, polished concrete flooring, and abundant natural light give the interior a distinctive industrial character. All-new windows, forced-air heating, central air, and a rolled hot-mop roof support contemporary use, while rooftop solar panels add an energy-focused building feature.
The property includes two ADA-compliant restrooms and a flexible front entrance with garage-door access. That configuration supports convenient movement of people, equipment, or merchandise and adds versatility for the open interior. Located at 215 S Wall Avenue in Joplin, Missouri, the building is zoned C-2 and occupies a 0.14-acre site.
The property includes two ADA-compliant restrooms and a flexible front entrance with garage-door access. That configuration supports convenient movement of people, equipment, or merchandise and adds versatility for the open interior. Located at 215 S Wall Avenue in Joplin, Missouri, the building is zoned C-2 and occupies a 0.14-acre site.
Key Highlights
- 5,700 square feet of adaptable commercial space
- 1911 building renovated in 2019
- Preserved architectural details with exposed brick and polished concrete flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,779
Cap Rate
7.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,075,580
$1.1M
Cap Rate 7%
$768,271
$768.3K
Cap Rate 9%
$597,544
$597.5K
Market Conditions
NOI Build-Up for 5,700 SF
Gross rent
$80.0K $14.04/SF
− Vacancy
−$3.2K −$0.56/SF
EGI
$76.8K $13.48/SF
− OpEx
−$23.0K −$4.04/SF
NOI
$53.8K $9.43/SF
Area
Jasper County, MO
Vacancy
4.00%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,075,580
Cap Rate 7%
$768,271
Cap Rate 9%
$597,544
Alternative Uses
Best Use
Office B
$1.07M
$938.8K – $1.25M
NOI $75,103 @ 7.0% cap · market cap 10.81%
Second Best
Retail
$768.3K
$672.2K – $896.3K
NOI $53,779 @ 7.0% cap · market cap 7.74%
Theoretical Best
Office A
$1.72M
$1.50M – $2.01M
NOI $120,384 @ 7.0% cap · market cap 17.32%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,099
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 64801, MO
35,234
Population
17,460
Households
2
Avg Household Size
37
Median Age
26%
College-Educated
90%
High-School Grad
57.5 sq mi
ZIP Area
613
Density / Sq Mi
$51,360
Median Household Income
$31,103
Median Earnings
$884
Median Rent
$176,100
Median Home Value
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Market
Average Price Trend$/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 - C-2-zoned commercial space combines restored architectural details with updated building systems and adaptable interior functionality.
Where is this flex space located?
The property is located at 215 S Wall Avenue 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: 5,700 square feet of adaptable commercial space; 1911 building renovated in 2019; Preserved architectural details with exposed brick and polished concrete flooring
