Restaurant Event Center
2728 &2802 N Rangeline Road Joplin, MO 64801
2728 &2802 N Rangeline Road, Joplin, MO, 64801
$1,500,000
For Sale
$1,500,000
Multi-building restaurant and event center property on Range Line Road with extensive parking and storage.
Property Size12,000 SF
Lot Size3.00 Acres
Price / SF$125
Days on Market12
Property Features for 2728 &2802 N Rangeline Road
General Information
- Standard status
- Active
- Size
- 12,000 SF
- Lot size
- 3.00 Acres
Building Details
- Year Built
- 1973
Listing Agency
(417) 782-0800
Listed by
PRO100
(417) 782-0800
Source
Pro100.idxbroker
Added: Jul 6 Checked: Jul 16 at 2:09 am
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 PRO100
Investment Insights
Based on property information with market context.
This property offers two restaurant/event-oriented buildings on a single site with large parking and an additional storage building. The main steel-framed building is just under 8,000 square feet and historically operated as a local restaurant for 40+ years, with seating for approximately 250 people. A second building on the west side of the property is just over 4,000 square feet and has been used as an event center, seating approximately 120–150 people. A large storage building is also on the lot. The restaurant and equipment are not included in the list price and may be negotiated for inclusion with an acceptable offer.
The site is located on north Range Line Road in Joplin and includes approximately 245 feet of frontage, with entrances off Range Line Road. The parcel is currently zoned C-3 (1.7 acres) and R-3 (1.31 acres).
The site is located on north Range Line Road in Joplin and includes approximately 245 feet of frontage, with entrances off Range Line Road. The parcel is currently zoned C-3 (1.7 acres) and R-3 (1.31 acres).
Key Highlights
- Just over 3 acres with approximately 245 ft of Range Line Rd frontage in Joplin
- Two main buildings plus large storage building and large on‑site parking lot
- Main steel‑framed building built in 1973: just under 8,000 SF, seats approx. 250 people
Local Financial Insights For Specialty 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 | $168.5k | $14.04 |
| − Vacancy | −$6.7k | −$0.56 |
| EGI | $161.7k | $13.48 |
| − OpEx | −$40.4k | −$3.37 |
| NOI | $121.3k | $10.11 |
12,000 SF · lease $14.04/SF/yr · vacancy 4.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.73M
$1.52M – $2.02M
NOI $121,306 @ 7.0% cap · market cap 8.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.62M
$3.17M – $4.22M
NOI $253,440 @ 7.0% cap · market cap 16.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
The Joplin Stamp Club
Employment Agency
Granny Shaffer's Restaurant
Restaurant
4 State Vettes ...
Nightclub
Sac and White River ...
Hotel & Motel
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FAQs
What type of property is this?
Conventional restaurant - Multi-building restaurant and event center property on Range Line Road with extensive parking and storage.
Where is this conventional restaurant located?
The property is located at 2728 &2802 N Rangeline Road Joplin, MO.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Just over 3 acres with approximately 245 ft of Range Line Rd frontage in Joplin; Two main buildings plus large storage building and large on‑site parking lot; Main steel‑framed building built in 1973: just under 8,000 SF, seats approx. 250 people
