Live-Work Automotive
For Sale
$1,000,000
4445 E Cypress Road, Joplin, MO 64801
COMMERCIAL - Joplin, MO
Property Size5,200 SF
Lot Size2.58 Acres
Price / SF$192.31
Days on Market338
Property Features for 4445 E Cypress Road
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
7th and Rangeline, east to Travis Acres Rd, north on Travis Acres to Cypress, west on Cypress Rd to business.
Subdivision
02 - Joplin City - NE
Standard status
Active
APN
08501610003004001
Size
5,200 SF
Lot size
2.58 Acres
Taxes and HOA fees
Tax Annual Amount
883
Utilities
Utilities
Electricity Available
Heating system
Central, Natural Gas
Cooling system
Central Air
Amenities
front office
tankless hot water heater
water softener
storm shelter
Building Details
Flooring type
Ceramic, Carpet, Plank
Roof type
Metal
Listing Agency:
PRO 100 Inc., REALTORS
(417) 782-0800
Listed By:
Oak & Pillar, Lindsey Bettenga · License #2007035267
(417) 622-2358
Added: Sep 8, 2025
Changed: Aug 4
Last Checked: Aug 11 at 5:06AM
MLS# 254938
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.
Investment Insights
Based on property information with market context.
This versatile live-work property combines an automotive shop and attached residence under one roof. The shop portion includes four garage doors, 1.5 bathrooms, and a front office. The residential component is a comfortable 1-bedroom, 1-bath layout, equipped with a tankless hot water heater and a water softener, along with a storm shelter. The shop is described as currently fully equipped for automotive use.
Located at 4445 E Cypress Road in Joplin, Missouri, the property sits on 2.58 acres, offering room to support a working facility and day-to-day use. With dedicated shop space and an on-site home, the layout is set up for continuity between business operations and personal living.
This configuration can fit owner-operators who want to work on-site while maintaining a separate living space, as well as buyers seeking flexibility for running the shop and using the residence as their own or as a rental option. The front office and multiple garage doors support practical daily workflow for automotive service or similar light industrial uses.
Located at 4445 E Cypress Road in Joplin, Missouri, the property sits on 2.58 acres, offering room to support a working facility and day-to-day use. With dedicated shop space and an on-site home, the layout is set up for continuity between business operations and personal living.
This configuration can fit owner-operators who want to work on-site while maintaining a separate living space, as well as buyers seeking flexibility for running the shop and using the residence as their own or as a rental option. The front office and multiple garage doors support practical daily workflow for automotive service or similar light industrial uses.
Key Highlights
- 4,000 sq. ft. shop space with four garage doors and a front office.
- 1,200 sq. ft. living quarters with 1 bedroom and 1 bath.
- Ideal live‑work setup or potential rental income from residential portion.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$68,515
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.85%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,370,300
$1.4M
Cap Rate 7%
$978,786
$978.8K
Cap Rate 9%
$761,278
$761.3K
Market Conditions
NOI Build-Up for 5,200 SF
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.
Gross rent
$114.2K $21.96/SF
− Vacancy
−$22.8K −$4.39/SF
EGI
$91.4K $17.57/SF
− OpEx
−$22.8K −$4.39/SF
NOI
$68.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,370,300
Cap Rate 7%
$978,786
Cap Rate 9%
$761,278
Alternative Uses
Best Use
Office B
$978.8K
$856.4K – $1.14M
NOI $68,515 @ 7.0% cap · market cap 6.85%
Second Best
Retail
$700.9K
$613.3K – $817.7K
NOI $49,061 @ 7.0% cap · market cap 4.91%
Theoretical Best
Office A
$1.57M
$1.37M – $1.83M
NOI $109,824 @ 7.0% cap · market cap 10.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
53
Businesses Nearby
Explore this area
Business Placement
Demographics for 64801, MO
35,234
Population
17,460
Households
2
Avg Household Size
37
Median Age
26%
College-Educated
90%
High-School Grad
57.5 sq mi
ZIP Area
613
Density / Sq Mi
$51,360
Median Household Income
$31,103
Median Earnings
$884
Median Rent
$176,100
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Live-work space - Versatile shop with four garage doors plus attached living quarters for an on-site business setup.
Where is this live-work space located?
The property is located at 4445 E Cypress Road Joplin, MO.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 4,000 sq. ft. shop space with **four garage doors** and a front office.; 1,200 sq. ft. living quarters with 1 bedroom and 1 bath.; Ideal live‑work setup or potential rental income from residential portion.
