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Multi-Office Suite
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219 S Joplin Avenue, Joplin, MO 64801

The office layout includes a reception area, at least five offices, and shared spaces for storage and common use.

Property Size3,000 SF
Price / SF$0.43
Days on Market365

Property Features for 219 S Joplin Avenue

General Information

Standard status Active
Size 3,000 SF
Property subtype Office

Additional Details

Property Use Office

Building Details

Year Built 1940
Listing Agency: Southtown Real Estate
Listed By: Spencer Aggus · License #2001027656
Source: Onefiverealestate
Added: Nov 7, 2025 Changed: Nov 5 Last Checked: Nov 5 at 9:11AM

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 Southtown Real Estate

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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This office property offers 3,000 square feet arranged with a reception area, at least five offices, and several storage and shared-use areas. Built in 1940, the space provides a multi-room configuration for office operations.

Located at 219 S Joplin Avenue in Joplin, Missouri, the property is offered for lease with utilities included in the monthly lease amount.

Key Highlights

  • 3,000 square feet of office space
  • Reception area and at least five offices
  • Multiple storage and shared‑use areas

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$39,528
Suggested Prices Based on Cap Rates
Cap Rate 5%
$790,560 $790.6K
Cap Rate 7%
$564,686 $564.7K
Cap Rate 9%
$439,200 $439.2K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$65.9K $21.96/SF
− Vacancy
−$13.2K −$4.39/SF
EGI
$52.7K $17.57/SF
− OpEx
−$13.2K −$4.39/SF
NOI
$39.5K $13.18/SF
Area
Jasper County, MO
Vacancy
20.00%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$790,560
Cap Rate 7%
$564,686
Cap Rate 9%
$439,200

Alternative Uses

Best Use
Office B
$564.7K
$494.1K – $658.8K (±1% cap)
NOI $39,528 @ 7.0% cap · market cap 3,040.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$905.1K
$792.0K – $1.06M (±1% cap)
NOI $63,360 @ 7.0% cap · market cap 4,873.85%
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

Office Units

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Butcher Pharmacy Locksmith

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

Location Intelligence

Trade Area within ½ mile

990
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office unit - The office layout includes a reception area, at least five offices, and shared spaces for storage and common use.
Where is this office unit located?
The property is located at 219 S Joplin Avenue Joplin, MO.
What are key features of this property?
This property features: 3,000 square feet of office space; Reception area and at least five offices; Multiple storage and shared‑use areas
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