Brick Office
2929 S Main Street Road, Joplin, MO 64804
For Sale
New
$237,000
The layout includes several private offices, a reception area, and an upstairs conference room.
Property Size1,568 SF
Price / SF$151.15
Days on Market3
Property Features for 2929 S Main Street Road
General Information
Standard status
Size
Zoning
Additional Details
Road Access
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
Carpet,Laminate,Vinyl
Yes
No
0.08
IRR
Slab
1568.0
Building Details
Building Size
Buildings
Construction
Listing Agency:
Andrew Bright & Associates
Listed By:
John Hyman · License #2014018673
(417) 437-9051
Source:
Pryerrealtygroup
Added: Nov 7
Last Checked: Nov 8 at 1:17PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,568-square-foot, freestanding brick office building has been remodeled and maintained. The interior includes multiple private offices, two bathrooms, a break room, and a reception area; an upstairs conference room provides additional meeting space. The property is zoned C-3.
The building occupies the northeast corner of 30th and Main in Joplin, Missouri.
The building occupies the northeast corner of 30th and Main in Joplin, Missouri.
Key Highlights
- 1,568‑square‑foot freestanding office building
- Brick construction with remodeled interior
- Multiple private offices, two bathrooms, and a break room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,660
Cap Rate
8.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$413,200
$413.2K
Cap Rate 7%
$295,143
$295.1K
Cap Rate 9%
$229,556
$229.6K
Market Conditions
NOI Build-Up for 1,568 SF
Gross rent
$34.4K $21.96/SF
− Vacancy
−$6.9K −$4.39/SF
EGI
$27.5K $17.57/SF
− OpEx
−$6.9K −$4.39/SF
NOI
$20.7K $13.18/SF
Area
Jasper County, MO
Vacancy
20.00%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$413,200
Cap Rate 7%
$295,143
Cap Rate 9%
$229,556
Alternative Uses
Best Use
Office B
$295.1K
$258.3K – $344.3K
NOI $20,660 @ 7.0% cap · market cap 8.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$473.1K
$414.0K – $551.9K
NOI $33,116 @ 7.0% cap · market cap 13.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
634
Businesses Nearby
Explore this area
Business Placement
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
$171,500
Median Home Value
Market
Average Price Trend$/SF for Office buildings in Joplin, MO
Properties on Market for Office buildings in Joplin
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - The layout includes several private offices, a reception area, and an upstairs conference room.
Where is this office building located?
The property is located at 2929 S Main Street Road Joplin, MO.
What is the asking price?
The asking price for this property is $237,000.
What are key features of this property?
This property features: 1,568‑square‑foot freestanding office building; Brick construction with remodeled interior; Multiple private offices, two bathrooms, and a break room
