Drive-Thru Restaurant
For Sale
Contact for pricing
2850 S Rangeline Rd, Joplin, MO 64804
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 Market220
Property Features for 2850 S Rangeline Rd
General Information
Standard status
Active
Size
10,000 SF
Total Parking Spaces
115
Lot size
2.00 Acres
Property subtype
Mixed Use, Office, Retail
Zoning
C-3 - M-2
Investment Type
Owner/User
Site & Location
Traffic Count
35,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Year Renovated
2023
Buildings
1
Stories
1
Listing Agency:
Andrew Bright & Associates
Listed By:
John Hyman · License #MO2014018673
(417) 437-9051
Source:
Crexi
Added: Mar 17
Changed: Oct 12
Last Checked: Oct 20 at 5:44PM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$101,088
Cap Rate
5.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,021,760
$2.0M
Cap Rate 7%
$1,444,114
$1.4M
Cap Rate 9%
$1,123,200
$1.1M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$140.4K $14.04/SF
− Vacancy
−$5.6K −$0.56/SF
EGI
$134.8K $13.48/SF
− OpEx
−$33.7K −$3.37/SF
NOI
$101.1K $10.11/SF
Area
Jasper County, MO
Vacancy
4.00%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,021,760
Cap Rate 7%
$1,444,114
Cap Rate 9%
$1,123,200
Alternative Uses
Best Use
Specialty Retail
$1.44M
$1.26M – $1.68M
NOI $101,088 @ 7.0% cap · market cap 5.62%
Second Best
—
—
no second resolved use
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 authorities.
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Property Analytics
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Current Use
Lease Details
35,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
549
Businesses Nearby
244k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 61%
Home Improvements & Furnishings 17%
Shops & Services 11%
Office Supplies 6%
Lowe's
Home Improvements & Furnishings
40,504 visits/mo
0.2 miles
Golden Corral
Dining
20,901 visits/mo
0.2 miles
Freddy's Frozen Custard & Steakburgers
Dining
19,750 visits/mo
0.4 miles
Braum's Ice Cream & Dairy Stores
Dining
19,581 visits/mo
0.1 miles
McAlister's Deli
Dining
15,689 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
Frequently Asked Questions
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.
