Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Space in Prime Location Title is generated by Realmo AI

    2727 E 32nd St, Joplin, MO 64804

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Fully occupied retail space for sale in prime location.

    Type:Retail
    Property size:
    14,720 SF
    Price / SF:
    $108/SF
    Added:
    Mar 17, 2026
    Days on Market:
    80
    Last Refresh:
    Mar 20 at 12:00 am

    Property Features for 2727 E 32nd St

    General Information

    Standard status
    Active
    Size
    14,720 SF
    Property subtype
    Retail

    We can help!

    Listing Contact
    Debbie Barlos

    Listing agent Debbie Barlos License #2001021542

    Listing office Keller Williams Realty of SWMO

    Listing date Mar 17, 2026

    Source Crexi

    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 of SWMO

    HighLights

    • Fully Occupied
    • Prime Location

    Overview

    This is a fully occupied retail space for sale situated in a prime location. The property has a size of 14720 square feet.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $206.7k $14.04
    − Vacancy −$8.3k −$0.56
    EGI $198.4k $13.48
    − OpEx −$59.5k −$4.04
    NOI $138.9k $9.43
    14,720 SF · lease $14.04/SF/yr · vacancy 4.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.98M
    $1.74M – $2.31M (±1% cap)
    NOI $138,881 @ 7.0% cap · market cap 8.68%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $4.44M
    $3.89M – $5.18M (±1% cap)
    NOI $310,886 @ 7.0% cap · market cap 19.43%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Edgar Marion Conrad Physician Quest Diagnostics Medical Clinic Express Psychotherapy LLC Crisis Center Representative Billy Long Government Office The Stevenson Law Office, ... Law Firm

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Joplin
    County
    Jasper
    State
    Missouri
    Longitude
    -94.4832059
    Latitude
    37.0554766

    Nearby Similar for Sale

    • $1,500,000
      12,182 SF

      Restaurant Property with Event Center

      Steel-framed restaurant plus an event center with extensive parking and dual zoning supports multiple commercial uses.
      2728 &2802 N Rangeline Road, Joplin, MO 64801
      View Details
    • $600,000
      6,540 SF

      Turnkey Medical Office Suite

      Suite with waiting, reception, exam rooms, private offices, and an additional street-access basement.
      1703 W 30th Street, Joplin, MO 64804
      View Details
    • $333,000
      3,360 SF

      Retail/Office Building on 0.62 Acres

      3,360 SF retail/office building with excellent visibility and frontage.
      5467 N Main Street Road, Joplin, MO 64801
      View Details
    • $1,400,000
      3,600 SF

      Turnkey Flex Office and Shop

      Remodeled office with multiple rooms plus a heated, fenced shop with overhead doors and powered storage.
      3203 N Rangeline Road, Joplin, MO 64801
      View Details
    • $695,000
      10,800 SF

      Automotive Service and Showroom Building

      Versatile building with showroom, offices, large work area, and seven overhead doors on a high-visibility corridor.
      402 E 7th Street, Joplin, MO 64801
      View Details
    • $488,000
      7,318 SF

      Versatile Commercial Building Near I-44

      Adaptable commercial property near medical corridor and Interstate 44.
      5734 S Main Street, Joplin, MO 64801
      View Details
    • $873,562
      12,318 SF

      Flex Space with Multiple Overhead Doors

      Flexibly zoned C-3 property on a fully fenced lot with six overhead doors and major 2013 system updates.
      711 S Patterson Avenue, Joplin, MO 64801
      View Details
    • $488,000
      7,318 SF

      Versatile Commercial Property Near I-44

      Adaptable commercial building near the Joplin medical corridor and I-44.
      5734 S Main Street, Joplin, MO 64801
      View Details
    • $1,699,000
      15,000 SF

      Versatile Commercial Building on Route 66

      Adaptable commercial building with high visibility and multiple usable areas.
      204 E 7th Street, Joplin, MO 64801
      View Details
    • $1,699,000
      14,700 SF

      Mixed-Use Commercial Building with Parking

      Versatile downtown building with multiple configurations, nine bathrooms, and about 41 sealed parking spaces for customer access.
      204 E 7th Street, Joplin, MO 64801
      View Details
    • $799,000
      7,000 SF

      Medical Office Building with Reception

      Flexible two-level office layout with reception, multiple rooms, and an upstairs living quarters configuration.
      2531 E 32nd Street, Joplin, MO 64804
      View Details
    • $1,400,000
      3,600 SF

      Commercial Buildings on Rangeline

      Turnkey commercial property with office, shop, and storage buildings.
      3203 N Rangeline Road, Joplin, MO 64801
      View Details

    FAQs

    What type of property is this?
    Retail space - Fully occupied retail space for sale in prime location.
    Where is this retail space located?
    The property is located at 2727 E 32nd St Joplin, MO.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: Fully Occupied; Prime Location
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Debbie Barlos
    Real Estate License ID: 2001021542
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2727 E 32nd St, Joplin, MO 64804
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!