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Restaurant Property with Event Center

2728 &2802 N Rangeline Road Joplin, MO 64801

2728 &2802 N Rangeline Road, Joplin, MO, 64801
$1,500,000
Pending
For Sale
$1,500,000
Pending

COMMERCIAL - Joplin, MO

Property Size12,182 SF
Lot Size3.01 Acres
Days on Market47

Property Features for 2728 &2802 N Rangeline Road

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
C-3,R-3
Bathrooms
6
Rooms
Bathroom 6, Bathroom 1, Bathroom 5, Bathroom 4, Bathroom 3, Bathroom 2
Standard status
Pending
APN
16702540001037000
Size
12,182 SF
Lot size
3.01 Acres

Taxes and HOA fees

Tax Description
JOP MISC BEG 1066.69' N & 66' W SE SEC COR W 300' N 247.6' E 300' S 247.6' TO POB
Tax Annual Amount
11406

Utilities

Heating system
Natural Gas, Central
Cooling system
Central Air

Building Details

Year built
1973
Flooring type
Ceramic, Vinyl
Roof type
Rolled Hot Mop
Listing Agency KELLER WILLIAMS REALTY ELEVATE
619 S Florida, Joplin, MO
Listed by Amy Hunt Team · License #2017015942
Added: Jun 3 Checked: Jul 19 at 5:06 am
MLS# 256341

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.


Investment Insights

Based on property information with market context.

This property for sale includes two primary buildings operated as a well-known local restaurant for 40+ years. The main building is steel framed and is just under 8,000 square feet, with seating estimated at approximately 250 people. A second building, located on the west side of the property, is just over 4,000 square feet and has been used as an event center with estimated capacity of 120–150 people. There is also a large storage building on site, along with a large parking lot designed to support business operations. The restaurant and equipment are not included in the list price, and may be negotiable with an acceptable offer.

The parcel is located on north Rangeline Road in Joplin, Missouri, with approximately 245 feet of frontage. There are entrances off Rangeline, supporting access from the road. The property consists of roughly 3.01 acres and is currently split-zoned: C-3 (about 1.7 acres) and R-3 (about 1.31 acres).

For tenants, buyers, or operators, the existing restaurant and event-center configuration can support hospitality and gathering uses under the property’s current zoning designations. The on-site parking and storage improvements can also help reduce operational friction for a new operator taking over the facilities.

Key Highlights

  • Just over 3 acres with approx. 245 ft of Range Line Rd frontage and multiple entrances off Range Line
  • 2 buildings totaling just under 12,000 sqft: main building just under 8,000 sqft plus second building just over 4,000 sqft
  • Main steel‑framed building seats approx. 250 people; roof is rolled hot mop; central heating and central air

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 $171.0k $14.04
− Vacancy −$6.8k −$0.56
EGI $164.2k $13.48
− OpEx −$41.0k −$3.37
NOI $123.1k $10.11
12,182 SF · lease $14.04/SF/yr · vacancy 4.00% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$1.76M
$1.54M – $2.05M (±1% cap)
NOI $123,145 @ 7.0% cap · market cap 8.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.68M
$3.22M – $4.29M (±1% cap)
NOI $257,284 @ 7.0% cap · market cap 17.15%
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

Suggested Use

Law Firm Real Estate Agency Building Supply Hair Salon Spa & Massage Center Nail Salon HVAC Service Pharmacy Restaurant Auto Repair Shop

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

FAQs

What type of property is this?
Conventional restaurant - Steel-framed restaurant plus an event center with extensive parking and dual zoning supports multiple commercial uses.
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 approx. 245 ft of Range Line Rd frontage and multiple entrances off Range Line; 2 buildings totaling just under 12,000 sqft: main building just under 8,000 sqft plus second building just over 4,000 sqft; Main steel‑framed building seats approx. 250 people; roof is rolled hot mop; central heating and central air
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