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Insulated Warehouse Space
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2369 Outer Road Units 4-5, Joplin, MO 64804

A heated, multi-tenant facility offers a conditioned office and three-phase power availability.

Property Size2,500 SF
Price / SF$0.79
Days on Market77

Property Features for 2369 Outer Road Units 4-5

General Information

Standard status Active
Size 2,500 SF
Property subtype Industrial

Additional Details

Highway Access Yes
Three-Phase Power Yes
Property Use Contractor/Warehouse

Building Details

Year Built 2009
Construction red iron
Tenancy Multi
Listing Agency: Keller Williams Realty Elevate
Listed By: Amy Hunt Realty · License #2017015942
Source: Onefiverealestate
Added: Aug 19 Changed: Nov 1 Last Checked: Nov 3 at 8:38AM

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 Keller Williams Realty Elevate

Rey
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Investment Insights

Based on property information with market context.

This warehouse space occupies approximately 2,500 square feet within a multi-tenant property. The insulated red iron structure includes two 14-foot overhead doors and two man doors, along with a small office equipped with heating and cooling. Warehouse heat is provided by propane, and three-phase power is available.

Built in 2009, the property is located on Outer Road with access to I-44.

Key Highlights

  • Approximately 2,500 square feet in a multi‑tenant property
  • Two 14‑foot overhead doors and two man doors
  • Insulated red iron construction with propane‑heated warehouse

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,304
Suggested Prices Based on Cap Rates
Cap Rate 5%
$246,080 $246.1K
Cap Rate 7%
$175,771 $175.8K
Cap Rate 9%
$136,711 $136.7K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$15.0K $6.00/SF
− Vacancy
−$525 −$0.21/SF
EGI
$14.5K $5.79/SF
− OpEx
−$2.2K −$0.87/SF
NOI
$12.3K $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%
$246,080
Cap Rate 7%
$175,771
Cap Rate 9%
$136,711

Alternative Uses

Best Use
Warehouse
$175.8K
$153.8K – $205.1K (±1% cap)
NOI $12,304 @ 7.0% cap · market cap 619.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$754.3K
$660.0K – $880.0K (±1% cap)
NOI $52,800 @ 7.0% cap · market cap 2,659.95%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Admiral Express (Bike/Boat/Book/etc) Store Rick Benson Construction ... Construction Company

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop Storage Facility Furniture & Home Goods Grocery & Convenience Store Cafe & Coffee Shop

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

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

202
Businesses Nearby
Well-served
Demand for This Use

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
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Warehouse - A heated, multi-tenant facility offers a conditioned office and three-phase power availability.
Where is this warehouse located?
The property is located at 2369 Outer Road Units 4-5 Joplin, MO.
What are key features of this property?
This property features: Approximately 2,500 square feet in a multi‑tenant property; Two 14‑foot overhead doors and two man doors; Insulated red iron construction with propane‑heated warehouse
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