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2914 E 32nd St, Joplin, MO 64804

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For Sale

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Shopping centers

Type:Retail, Land

Property size:

34,630 SF

Lot size:

5.45 Acres

Price / SF:

$142/SF

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and status of this listing

Luke Gibson

Real Estate License ID: MO 2006022522

HighLights

Prime commercial real estate at the busiest corner in Joplin (32nd and Rangeline Road).
Spans 5.45 acres with frontage on both 32nd Street and Range Line.
Features three retail buildings: Building A (21,430 sq ft), Building B (8,000 sq ft), and Building C (5,200 sq ft).
Includes a vacant lot approximately 1 acre in size.
Flexible development options with the owner willing to subdivide parcels.
Located in the Southside Shopping Center.

For Sale

Contact for pricing

Shopping centers

Type:Retail, Land

Property size:

34,630 SF

Lot size:

5.45 Acres

Price / SF:

$142/SF

Added:: Jul 15, 2024
Days on Market:: 723
Last Refresh:: Jul 4 at 1:05 pm

Property Features for 2914 E 32nd St

General Information

Standard status: Active
Size: 34,630 SF
Lot size: 5.45 Acres
Property subtype: Retail, Land

Building Details

Year Built: 1985

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Contact an agent

Luke Gibson

Listing office Glenn Gibson Commercial Real Estate

Listing date Jul 15, 2024

Source Crexi

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 Glenn Gibson Commercial Real Estate

HighLights

Prime commercial real estate at the busiest corner in Joplin (32nd and Rangeline Road).
Spans 5.45 acres with frontage on both 32nd Street and Range Line.
Features three retail buildings: Building A (21,430 sq ft), Building B (8,000 sq ft), and Building C (5,200 sq ft).
Includes a vacant lot approximately 1 acre in size.
Flexible development options with the owner willing to subdivide parcels.
Located in the Southside Shopping Center.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$486.2k	$14.04
− Vacancy	−$19.4k	−$0.56
EGI	$466.8k	$13.48
− OpEx	−$140.0k	−$4.04
NOI	$326.7k	$9.43

34,630 SF · lease $14.04/SF/yr · vacancy 4.00% · expense 30.00%

Alternative Uses

Best Use

Retail

$4.67M

$4.08M – $5.45M (±1% cap)

NOI $326,730 @ 7.0% cap · market cap 6.60%

Second Best

—

no second resolved use

Theoretical Best

Office A

$10.45M

$9.14M – $12.19M (±1% cap)

NOI $731,386 @ 7.0% cap · market cap 14.78%

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

Suggested Use

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: -94.4799864
Latitude: 37.0543096

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For sale
Shopping centers
MO
Joplin
64804
2914 E 32nd St

Where is this shopping center located?

The property is located at 2914 E 32nd St 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: Prime commercial real estate at the busiest corner in Joplin (32nd and Rangeline Road).; Spans 5.45 acres with frontage on both 32nd Street and Range Line.; Features three retail buildings: Building A (21,430 sq ft), Building B (8,000 sq ft), and Building C (5,200 sq ft).