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402 E 402.0 7th Street, Joplin, MO, 64801
Automotive Service Showroom Building

402 E 402.0 7th Street Joplin, MO 64801

For Sale
$695,000

Versatile 10,800 SF building with showroom, offices, large work area, and seven overhead doors for vehicle access.

Property Size10,800 SF
Price / SF$64.35
Days on Market160

Property Features for 402 E 402.0 7th Street

General Information

Standard status
Active
Size
10,800 SF
Property subtype
General Commercial
Listing Agency: PRO 100 Inc., REALTORS
Listed By: James Hunter, IV · License #201110009040
Source: Xome
Added: Feb 13 Changed: Jul 22 Last Checked: Jul 23 at 3:40AM

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 PRO 100 Inc., REALTORS


Investment Insights

Based on property information with market context.

This versatile 10,800-square-foot commercial building offers a flexible layout with a spacious showroom, multiple offices, and a large work area suited to a range of automotive and service-oriented operations. Seven overhead doors provide convenient vehicle or equipment access. The property also includes an existing sign pole, ample parking, and exterior lighting.

Located in central Joplin, along a busy thoroughfare with an estimated 5,000–10,000 vehicles per day, the building benefits from strong visibility and practical customer access. The facility is positioned to support both storefront activity and service operations.

Recent updates include a new roof, new exterior paint, and a new HVAC unit, reflecting consistent maintenance and pride of ownership. The building’s existing configuration and ready-to-operate site features make it well suited for automotive sales, auto repair, tire service, retail operations, showroom use, warehouse needs, or similar commercial applications.

Key Highlights

  • 10,800‑square‑foot commercial building formerly used as an auto dealership, with space for showroom, offices, and a large work area
  • Seven overhead doors provide vehicle or equipment access to the main work area
  • Recent updates include a new roof, new exterior paint, and a new HVAC unit

Financial Insights For Warehouse

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 $64.8k $6.00
− Vacancy −$2.3k −$0.21
EGI $62.5k $5.79
− OpEx −$9.4k −$0.87
NOI $53.2k $4.92
10,800 SF · lease $6.00/SF/yr · vacancy 3.50% · expense 15.00%

Alternative Uses

Best Use
Retail
$1.46M
$1.27M – $1.70M (±1% cap)
NOI $101,897 @ 7.0% cap · market cap 14.66%
Second Best
Warehouse
$759.3K
$664.4K – $885.9K (±1% cap)
NOI $53,152 @ 7.0% cap · market cap 7.65%
Theoretical Best
Office A
$3.26M
$2.85M – $3.80M (±1% cap)
NOI $228,096 @ 7.0% cap · market cap 32.82%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Done Right Details Car Wash Cycle Connection Motorcycle Shop Screamin' Chicken Restaurant Ratliff Marketing Textile Manufacturer

Suggested Use

Real Estate Agency Parking Lot & Garage Dental Office Grocery & Convenience Store Pharmacy Carpet & Flooring Store Butcher Veterinary Clinic (Bike/Boat/Book/etc) Store Cosmetic Store

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

Similar Off Market Nearby

  • Allied Oil & Supply, Inc. — 1301 Virginia Ave, Joplin, MO 64801
  • H&H Performance and Repair — 1409 S Illinois Ave, Joplin, MO 64801
  • Comer's Muffler Center — 901 E 15th St, Joplin, MO 64804
  • Chris Coats Towing — 1230 S Joplin Ave, Joplin, MO 64801
  • Lewis Auto Painting — 1048 S Wall Ave, Joplin, MO 64801

FAQs

What type of property is this?
Auto shop - Versatile 10,800 SF building with showroom, offices, large work area, and seven overhead doors for vehicle access.
Where is this auto shop located?
The property is located at 402 E 402.0 7th Street Joplin, MO.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 10,800‑square‑foot commercial building formerly used as an auto dealership, with space for showroom, offices, and a large work area; Seven overhead doors provide vehicle or equipment access to the main work area; Recent updates include a new roof, new exterior paint, and a new HVAC unit
More about this property
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