11-Unit Shopping
2727 E 32nd Street, Joplin, MO 64804
For Sale
New
$1,600,000
All tenant spaces are occupied, and the property is zoned C-3PD.
Property Size14,720 SF
Lot Size2.88 Acres
Price / SF$108.70
Days on Market3
Property Features for 2727 E 32nd Street
General Information
Standard status
Size
Lot size
Zoning
Occupancy
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
Ceramic
Yes
No
2.88
2.88 acres
14720.0
Building Details
Building Size
Tenancy
Listing Agency:
KELLER WILLIAMS REALTY ELEVATE
Listed By:
Deborah Barlos
Source:
Pryerrealtygroup
Added: Nov 7
Changed: Nov 8
Last Checked: Nov 8 at 1:17PM
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
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Investment Insights
Based on property information with market context.
This shopping center contains 11 occupied units within 14,720 square feet. The property occupies 2.88 acres and includes parking for tenants and visitors.
Located at 2727 E 32nd Street in Joplin, Missouri, the site is zoned C-3PD.
Located at 2727 E 32nd Street in Joplin, Missouri, the site is zoned C-3PD.
Key Highlights
- 11 occupied units
- 14,720 square feet of building area
- 2.88‑acre site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$138,881
Cap Rate
8.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,777,620
$2.8M
Cap Rate 7%
$1,984,014
$2.0M
Cap Rate 9%
$1,543,122
$1.5M
Market Conditions
NOI Build-Up for 14,720 SF
Gross rent
$206.7K $14.04/SF
− Vacancy
−$8.3K −$0.56/SF
EGI
$198.4K $13.48/SF
− OpEx
−$59.5K −$4.04/SF
NOI
$138.9K $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%
$2,777,620
Cap Rate 7%
$1,984,014
Cap Rate 9%
$1,543,122
Alternative Uses
Best Use
Retail
$1.98M
$1.74M – $2.31M
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
NOI $310,886 @ 7.0% cap · market cap 19.43%
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
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
692
Businesses Nearby
329k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 50%
Shops & Services 20%
Home Improvements & Furnishings 13%
Groceries 8%
Texas Roadhouse
Dining
41,644 visits/mo
0.4 miles
Lowe's
Home Improvements & Furnishings
40,504 visits/mo
0.4 miles
Kum & Go
Shops & Services
39,612 visits/mo
0.5 miles
McDonald's
Dining
26,529 visits/mo
0.4 miles
Food 4 Less
Groceries
26,457 visits/mo
0.2 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
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Southside Shopping Center — 2914 E 32nd St, Joplin, MO 64804
Frequently Asked Questions
What type of property is this?
Shopping center - All tenant spaces are occupied, and the property is zoned C-3PD.
Where is this shopping center located?
The property is located at 2727 E 32nd Street 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: 11 occupied units; 14,720 square feet of building area; 2.88‑acre site
