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    Fully Leased Retail Strip Mall Title is generated by Realmo AI

    2727 E 32nd Street, Joplin, MO 64804

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    Claim this Listing
    For Sale
    $1,600,000

    COMMERCIAL - Joplin, MO

    Property size:
    14,720 SF
    Lot size:
    2.88 Acres
    Price / SF:
    $108/SF
    Added:
    Mar 12, 2026
    Days on Market:
    113
    Last Refresh:
    Jul 2 at 7:06 pm

    Property Features for 2727 E 32nd Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    c-3pd
    Standard status
    Active
    Size
    14,720 SF
    Lot size
    2.88 Acres

    Taxes and HOA fees

    Tax Annual Amount
    18745

    Utilities

    Heating system
    Electric (Heating), Central
    Cooling system
    Central Air

    Building Details

    Flooring type
    Ceramic

    We can help!

    Contact an agent
    Deborah Barlos

    Listing agent Deborah Barlos License #2001021542

    Listing office KELLER WILLIAMS REALTY ELEVATE 619 S Florida, Joplin, MO

    Listing date Mar 12, 2026

    MLS# 261370

    Copyright © 2026 Ozark Gateway Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Fully leased investment property.
    • Desirable south Joplin location with high visibility.
    • 11 occupied units totaling 14,720 sq ft.
    • 2.88 acres with plenty of parking.
    • Close to everything.
    • Central heating and cooling.

    Overview

    This fully leased retail strip mall features 11 occupied units totaling 14,720 square feet. The property sits on 2.88 acres and is described as having plenty of parking, supporting straightforward customer access for multiple storefronts. Zoning is listed as C-3PD.

    Located in south Joplin, the property is positioned for visibility and is described as being close to everything. The combination of multiple occupied units and on-site parking is intended to serve day-to-day retail activity for both tenants and customers.

    For buyers or investors looking for a retail asset with current occupancy, this property presents an in-place setup with 11 occupied units. Tenants and operators can also view it as a multi-suite storefront environment within a retail-focused zoning designation, with parking availability noted as a key convenience factor. Because the listing states the property is fully leased, it may appeal to buyers seeking a current revenue stream rather than a value-add scenario focused on re-leasing.

    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

    Building Supply Hair Salon Garden Center Gym & Fitness Center Kitchen & Bath Showroom HVAC Service Electrical Service Electronics & Wireless Store Parking Lot & Garage Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Joplin
    County
    Jasper
    State
    Missouri
    Longitude
    -94.483194
    Latitude
    37.056098

    FAQs

    What type of property is this?
    Strip mall - Fully leased south Joplin retail strip mall with 11 occupied units and parking, offering an established tenant base.
    Where is this strip mall 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: Fully leased investment property.; Desirable south Joplin location with high visibility.; 11 occupied units totaling 14,720 sq ft.
    More about this property
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