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For Sale
$4,950,000

2914 E 32nd Street, Joplin, MO 64804

Shopping centers

Property Size34,630 SF
Lot Size5.45 Acres
Price / SF$142.94
Days on Market196

Property Features for 2914 E 32nd Street

General Information

Standard status Active
Size 34,630 SF
Lot size 5.45 Acres
Zoning C-3

Taxes and HOA fees

Annual Taxes $27,578

Building Details

Year Built 1985
Listed By: PRO100
Source: Pro100.idxbroker
Added: Mar 26 Changed: Sep 14 Last Checked: Sep 26 at 3:34AM

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 PRO100

Investment Insights

Based on property information with market context.

Key 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).

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$326,730
Cap Rate
6.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,534,600 $6.5M
Cap Rate 7%
$4,667,571 $4.7M
Cap Rate 9%
$3,630,333 $3.6M
Market Conditions
NOI Build-Up for 34,630 SF
Gross rent
$486.2K $14.04/SF
− Vacancy
−$19.4K −$0.56/SF
EGI
$466.8K $13.48/SF
− OpEx
−$140.0K −$4.04/SF
NOI
$326.7K $9.43/SF
Area
Jasper County, MO
Vacancy
4.00%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,534,600
Cap Rate 7%
$4,667,571
Cap Rate 9%
$3,630,333

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 authorities.

Property Analytics

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Current Use

Western-Shamrock Finance Financial Advisor Subway Take-out & Catering Psychic Readings Spiritual Center Nail Tek Nail Salon SpringHill Suites Joplin Hotel & Motel

Suggested Use

Top Pick Parking Lot & Garage Electrical Service HVAC Service Kitchen & Bath Showroom Storage Facility Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

590
Businesses Nearby
612k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 48% Superstores 20% Shops & Services 16% Home Improvements & Furnishings 6%
Sam's Club Superstores
119,782 visits/mo 0.4 miles
Chick-fil-A Dining
51,535 visits/mo 0.3 miles
Texas Roadhouse Dining
41,644 visits/mo 0.2 miles
Kum & Go Shops & Services
39,612 visits/mo 0.2 miles
Menards Home Improvements & Furnishings
35,546 visits/mo 0.3 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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Silver Creek Galleria — 2702 Richard Joseph Blvd, Joplin, MO 64804
  • Southside Shopping Center — 2914 E 32nd St, Joplin, MO 64804

Frequently Asked Questions

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: 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).
More about this property
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