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    3635 E 20th Street Joplin, MO 64801

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    New
    For Sale
    $487,500

    COMMERCIAL - Joplin, MO

    Property size:
    3,200 SF
    Lot size:
    1.00 Acre
    Price / SF:
    $152/SF
    Added:
    May 5, 2026
    Days on Market:
    3
    Last Refresh:
    May 7 at 7:06 pm

    Property Features for 3635 E 20th Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bathrooms
    2
    Rooms
    Bathroom 2, Bathroom 1
    Standard status
    Active
    APN
    200300740003002001
    Size
    3,200 SF
    Lot size
    1.00 Acre

    Taxes and HOA fees

    Tax Annual Amount
    3093

    Utilities

    Heating system
    Ceiling, Electric (Heating), Natural Gas
    Cooling system
    Wall Unit(s)

    Building Details

    Year built
    2022
    Flooring type
    Concrete
    Roof type
    Metal

    We can help!

    Listing Contact
    Cheryl Efird

    Listing agent Cheryl Efird License #1999126228

    Listing office PRO 100 Inc., REALTORS 1027 S Main Street Suite 300, Joplin, MO

    Listing date May 5, 2026

    MLS# 262428

    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

    • Built in 2022 with all new utilities at the time of construction.
    • High traffic location suitable for business.
    • Shop area equipped with steel liner panels, compressor, and work benches.
    • Includes front office for clients and a private office.
    • Storage area with roll‑up door for easy access.
    • Drive‑under area can be used for additional workspace.

    Overview

    Auto Repair Shop For Sale

    This commercial property, currently operating as an auto repair shop, is available for purchase. The shop area features steel liner panels, a compressor, and work benches. All utilities were newly installed at the time of construction. The layout includes an entry area, a front office for client reception, and a private office. A storage area is accessible via a roll-up door and a separate door from the shop area. A drive-under area can serve as additional workspace. The property is situated in a high-traffic location. The lot size is 1 acre and the property size is 3,200 square feet. The contents of the shop are negotiable or may be sold prior to closing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Efird's Automotive Services Auto Repair Shop

    Suggested Use

    Law Firm Real Estate Agency Spa & Massage Center Restaurant Hair Salon Dental Office Nail Salon Gym & Fitness Center Accounting Firm Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Rush Truck Centers – Joplin Mobile Service — 2800 Davis Blvd, Joplin, MO 64804
    • Joplin Mobile Truck Repair — 2915 S Rangeline Rd, Joplin, MO 64804
    • Fletcher Nissan Service Department — 2327 S Rangeline Rd, Joplin, MO 64804
    • Caliber Collision — 2702 S Rangeline Rd, Joplin, MO 64804
    • Rush Truck Leasing - Joplin Idealease — 2800 Davis Blvd, Joplin, MO 64804

    Location Insight

    • Map
    • Local Demand
    City
    Joplin
    County
    Jasper
    State
    Missouri
    Longitude
    -94.467787
    Latitude
    37.069981

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    FAQs

    What type of property is this?
    Auto shop - Commercial property suitable for auto repair in high-traffic area.
    Where is this auto shop located?
    The property is located at 3635 E 20th Street Joplin, MO.
    What is the asking price?
    The asking price for this property is $487,500.
    What are key features of this property?
    This property features: Built in 2022 with all new utilities at the time of construction.; High traffic location suitable for business.; Shop area equipped with steel liner panels, compressor, and work benches.
    (417) 438-8648
    We can help!
    Listing Contact
    Cheryl Efird
    Real Estate License ID: 1999126228
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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