Equipped Restaurant
2412 S Main Street, Joplin, MO 64804
For Sale
New
$1,400,000
Pending
The sale includes restaurant equipment and fixtures, with existing tenant rights applying.
Property Size5,378 SF
Lot Size0.73 Acres
Days on Market3
Property Features for 2412 S Main Street
General Information
Standard status
Size
Lot size
Tenancy & Operations
Currently Operating
Tenant in Place
Additional Details
Equipment Included
Taxes and HOA fees
Annual Taxes
Amenities
Ceramic
Yes
No
0.73
.7324 acres
5378.0
Building Details
Building Size
Year Built
Listing Agency:
PRO 100 Inc., REALTORS
Listed By:
Jim Alyssa Hunter Team · License #2010009040
(417) 850-5355
Source:
Pryerrealtygroup
Added: Nov 7
Changed: Nov 8
Last Checked: Nov 8 at 1:16PM
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 PRO 100 Inc., REALTORS
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2014, this restaurant property includes equipment and fixtures used in its current Mexican restaurant operation. The sale is subject to tenant rights.
The property is at 2412 S Main Street in Joplin, Missouri, and includes two parcels.
The property is at 2412 S Main Street in Joplin, Missouri, and includes two parcels.
Key Highlights
- Restaurant equipment and fixtures are included in the sale
- Constructed in 2014
- Two parcels are included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,365
Cap Rate
3.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,087,300
$1.1M
Cap Rate 7%
$776,643
$776.6K
Cap Rate 9%
$604,056
$604.1K
Market Conditions
NOI Build-Up for 5,378 SF
Gross rent
$75.5K $14.04/SF
− Vacancy
−$3.0K −$0.56/SF
EGI
$72.5K $13.48/SF
− OpEx
−$18.1K −$3.37/SF
NOI
$54.4K $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%
$1,087,300
Cap Rate 7%
$776,643
Cap Rate 9%
$604,056
Alternative Uses
Best Use
Specialty Retail
$776.6K
$679.6K – $906.1K
NOI $54,365 @ 7.0% cap · market cap 3.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.62M
$1.42M – $1.89M
NOI $113,583 @ 7.0% cap · market cap 8.11%
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
Location Intelligence
Trade Area within ½ mile
475
Businesses Nearby
82k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 88%
Shops & Services 8%
Beauty & Spa 4%
Braum's Ice Cream & Dairy Stores
Dining
22,580 visits/mo
0.1 miles
McDonald's
Dining
20,396 visits/mo
0.2 miles
Taco Bell
Dining
15,890 visits/mo
0.1 miles
Conoco
Shops & Services
4,107 visits/mo
0.4 miles
Papa John's Pizza
Dining
3,165 visits/mo
0.5 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
$171,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Conventional restaurants in Joplin, MO
Properties on Market for Conventional restaurants in Joplin
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The sale includes restaurant equipment and fixtures, with existing tenant rights applying.
Where is this conventional restaurant located?
The property is located at 2412 S Main Street Joplin, MO.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Restaurant equipment and fixtures are included in the sale; Constructed in 2014; Two parcels are included
