Retail Development Site with Multiple
2914 E 32nd Street, Joplin, MO 64804
- Added:
- Jul 3, 2024
- Days on Market:
- 731
- Last Refresh:
- Jul 3 at 2:06 am
Property Features for 2914 E 32nd Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C-3
- Standard status
- Active
- APN
- 73-15738-0
- Size
- 35,000 SF
- Lot size
- 5.45 Acres
Taxes and HOA fees
- Tax Annual Amount
- 27578
Utilities
- Heating system
- Natural Gas, Central
- Cooling system
- Central Air
Building Details
- Year built
- 1985
- Flooring type
- Carpet, Concrete, Vinyl
- Roof type
- Metal
Listing agent Luke Gibson License #2015033987 (417) 359-6868
Listing office GLENN GIBSON COMMERCIAL REAL ESTATE 2650 E 32nd Street Ste. 221, JOPLIN, MO (417) 825-8213
Listing date Jul 3, 2024
MLS# 243296
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
- Approximately 5.45‑acre commercial site at a high‑visibility intersection with frontage and access on both Range Line Road and 32nd Street
- Includes three retail buildings: Building A (100) ~21,430 SF (~46% occupied), Building B (200) ~8,000 SF (~12% occupied), and Building C (Track 3) ~5,200 SF
- Additional vacant parcel included (~1 acre) plus ~1.8 acres of vacant land on‑site
- Owners have full approved plans for SpringHill Suites by Marriott on the included vacant land
- Year built: 1985; metal roof; central heating and central air
- Flooring includes carpet, concrete, and vinyl; natural gas central heating
Overview
The property is a C-3 zoned commercial development site totaling approximately 5.45 acres, improved with three retail buildings plus additional vacant land. Building A (100) offers approximately 21,430 square feet and is currently approximately 46% occupied. Building B (200) offers approximately 8,000 square feet and is currently approximately 12% occupied. Building C (Track 3) includes approximately 5,200 square feet. In addition, an additional vacant parcel of approximately one acre is included, along with approximately 1.8 acres of vacant land included, for a combined redevelopment and repositioning framework that can accommodate multiple strategies.
The site is positioned with frontage and access on both Range Line Road and 32nd Street at one of Joplin’s highest-visibility commercial intersections, according to the seller’s remarks. The owner has indicated flexibility for a variety of commercial development opportunities, including the consideration of subdividing parcels.
For buyers and operators, the configuration supports both immediate use and future redevelopment. The property includes owner-provided, full approved plans for SpringHill Suites by Marriott(R), and buyers are encouraged to evaluate the existing improvements and determine their suitability for future use. With multiple buildings and vacant acreage, the site may fit organizations looking for an on-site operating component alongside planned development activities.
The site is positioned with frontage and access on both Range Line Road and 32nd Street at one of Joplin’s highest-visibility commercial intersections, according to the seller’s remarks. The owner has indicated flexibility for a variety of commercial development opportunities, including the consideration of subdividing parcels.
For buyers and operators, the configuration supports both immediate use and future redevelopment. The property includes owner-provided, full approved plans for SpringHill Suites by Marriott(R), and buyers are encouraged to evaluate the existing improvements and determine their suitability for future use. With multiple buildings and vacant acreage, the site may fit organizations looking for an on-site operating component alongside planned development activities.
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 | $491.4k | $14.04 |
| − Vacancy | −$19.7k | −$0.56 |
| EGI | $471.7k | $13.48 |
| − OpEx | −$141.5k | −$4.04 |
| NOI | $330.2k | $9.43 |
35,000 SF · lease $14.04/SF/yr · vacancy 4.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$4.72M
$4.13M – $5.50M
NOI $330,221 @ 7.0% cap · market cap 6.67%
Second Best
Hotel Hospitality
$2.91M
$2.54M – $3.39M
NOI $203,490 @ 7.0% cap · market cap 4.11%
Theoretical Best
Office A
$10.56M
$9.24M – $12.32M
NOI $739,200 @ 7.0% cap · market cap 14.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Western-Shamrock Finance
Financial Advisor
Subway
Take-out & Catering
Psychic Readings
Spiritual Center
Nail Tek
Nail Salon
SpringHill Suites Joplin
Hotel & Motel
Similar Places Nearby
- Southside Shopping Center — 2914 E 32nd St, Joplin, MO 64804
Location Insight
- Map
- Local Demand
- City
- Joplin
- County
- Jasper
- State
- Missouri
- Longitude
- -94.479814
- Latitude
- 37.054303
Nearby Similar for Sale
FAQs
What type of property is this?
Shopping center - C-3 zoned multi-building retail site on two street frontages, with approved plans for a hotel development.
Where is this shopping center located?
The property is located at 2914 E 32nd Street Joplin, MO.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: Approximately 5.45‑acre commercial site at a high‑visibility intersection with frontage and access on both Range Line Road and 32nd Street; Includes three retail buildings: Building A (100) ~21,430 SF (~46% occupied), Building B (200) ~8,000 SF (~12% occupied), and Building C (Track 3) ~5,200 SF; Additional vacant parcel included (~1 acre) plus ~1.8 acres of vacant land on‑site
