Drive-Thru Restaurant
2850 S Rangeline Rd Joplin, MO 64804
For Sale
Contact for pricing
Drive-thru restaurant building with clear span space, turn-key kitchen, and 115 parking spaces on 2 acres.
Property Size10,000 SF
Lot Size2.00 Acres
Price / SF$180
Days on Market148
Property Features for 2850 S Rangeline Rd
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Lot size
- 2.00 Acres
- Property subtype
- Mixed Use, Office, Retail
Listing Agency:
Andrew Bright & Associates
(417) 437-9051
Listed By:
John Hyman · License #MO2014018673
Source:
Crexi
Added: Feb 26
Changed: Jul 23
Last Checked: Jul 23 at 2:24PM
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 Andrew Bright & Associates
Investment Insights
Based on property information with market context.
This 10,000 SF restaurant building includes a drive-thru and turn-key kitchen in place, with interior space described as clear span to support multiple configurations. The property sits on 2 acres and provides 115 parking spaces. The existing setup can be used as-is as a restaurant, or adapted for other uses such as retail space or professional office, with the option for subdivision for mixed use with multiple entrances.
The facility is located less than a mile north of the I-44 and Business 49 interchange on Joplin’s highest traffic count street (35,000 TC). The property also includes an income-producing billboard.
The building is described as well maintained, featuring high-end finishes and new HVAC.
The facility is located less than a mile north of the I-44 and Business 49 interchange on Joplin’s highest traffic count street (35,000 TC). The property also includes an income-producing billboard.
The building is described as well maintained, featuring high-end finishes and new HVAC.
Key Highlights
- 10,000 SF building on 2 acres with drive‑thru restaurant setup and clear span interior space.
- Turn‑key kitchen in place, or re‑purpose for other uses.
- 115 parking spaces plus high‑traffic location on Joplin’s highest traffic count street (35,000 TC), less than 1 mile north of I‑44 & Business 49.
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 | $140.4k | $14.04 |
| − Vacancy | −$5.6k | −$0.56 |
| EGI | $134.8k | $13.48 |
| − OpEx | −$33.7k | −$3.37 |
| NOI | $101.1k | $10.11 |
10,000 SF · lease $14.04/SF/yr · vacancy 4.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.44M
$1.26M – $1.68M
NOI $101,088 @ 7.0% cap · market cap 5.62%
Second Best
Retail
$1.35M
$1.18M – $1.57M
NOI $94,349 @ 7.0% cap · market cap 5.24%
Theoretical Best
Office A
$3.02M
$2.64M – $3.52M
NOI $211,200 @ 7.0% cap · market cap 11.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Maria’s Mexican Grill ...
Restaurant
Tackett Flooring Co.
Big Box & Wholesale Store
FAQs
What type of property is this?
Drive through restaurant - Drive-thru restaurant building with clear span space, turn-key kitchen, and 115 parking spaces on 2 acres.
Where is this drive through restaurant located?
The property is located at 2850 S Rangeline Rd Joplin, MO.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 10,000 SF building on 2 acres with drive‑thru restaurant setup and clear span interior space.; Turn‑key kitchen in place, or re‑purpose for other uses.; 115 parking spaces plus high‑traffic location on Joplin’s highest traffic count street (35,000 TC), less than 1 mile north of I‑44 & Business 49.
