Industrial Warehouse with Fenced
For Sale
$599,950
5101 S Rangeline Road, Joplin, MO 64804
Commercial Sale, Joplin, MO
Property Size14,558 SF
Lot Size1.09 Acres
Price / SF$41.21
Days on Market148
Property Features for 5101 S Rangeline Road
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Fencing
Fenced, Chain Link
Directions
From I-44: Take Exit 8 (Rangeline Rd) and head south. Continue approximately 2 miles. Property is located on the east side of Rangeline Rd at 5101 S Rangeline.
Subdivision
04 - Joplin City - SE
Standard status
Active
Size
14,558 SF
Lot size
1.09 Acres
Taxes and HOA fees
Tax Annual Amount
5424
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1993
Flooring type
Ceramic, Concrete
Roof type
Metal
Listing Agency:
Realty One Group Ovation
(417) 553-1818
Listed By:
The Perry Team, Hunter Perry · License #2010036529
(417) 529-0351
Added: Apr 15
Changed: Sep 6
Last Checked: Sep 9 at 11:06AM
MLS# 261978
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 14,558-square-foot industrial warehouse sits on 1.09 acres and was built in 1993. The property includes ceramic and concrete flooring, central heating and air conditioning, a metal roof, and a bathroom. Fenced and chain-link perimeter improvements provide a defined outdoor area for the facility.
Positioned along S Rangeline Road in Joplin, the property records approximately 9,000+ vehicles per day, providing exposure to consistent daily traffic. The site is identified in the 64804 postal area of Joplin, Missouri.
Positioned along S Rangeline Road in Joplin, the property records approximately 9,000+ vehicles per day, providing exposure to consistent daily traffic. The site is identified in the 64804 postal area of Joplin, Missouri.
Key Highlights
- 14,558‑square‑foot industrial warehouse on 1.09 acres
- Approximately 9,000+ vehicles per day along S Rangeline Road
- Built in 1993 with a metal roof
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
$53,370
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
8.90%
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%
$1,067,400
$1.1M
Cap Rate 7%
$762,429
$762.4K
Cap Rate 9%
$593,000
$593.0K
Market Conditions
NOI Build-Up for 14,558 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
$87.3K $6.00/SF
− Vacancy
−$5.2K −$0.36/SF
EGI
$82.1K $5.64/SF
− OpEx
−$28.7K −$1.97/SF
NOI
$53.4K $3.67/SF
Area
Jasper County, MO
Vacancy
6.00%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
35.00%
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%
$1,067,400
Cap Rate 7%
$762,429
Cap Rate 9%
$593,000
Alternative Uses
Best Use
Warehouse
$1.02M
$895.6K – $1.19M
NOI $71,647 @ 7.0% cap · market cap 11.94%
Second Best
Industrial
$842.9K
$737.6K – $983.4K
NOI $59,004 @ 7.0% cap · market cap 9.83%
Theoretical Best
Office A
$4.39M
$3.84M – $5.12M
NOI $307,465 @ 7.0% cap · market cap 51.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
63
Businesses Nearby
Balanced
Demand for This Use
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
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Storage Spot — 5309 S Rangeline Rd, Joplin, MO 64804
Frequently Asked Questions
What type of property is this?
Warehouse - Commercial facility with central HVAC, durable finishes, and a secured outdoor area.
Where is this warehouse located?
The property is located at 5101 S Rangeline Road Joplin, MO.
What is the asking price?
The asking price for this property is $599,950.
What are key features of this property?
This property features: 14,558‑square‑foot industrial warehouse on 1.09 acres; Approximately 9,000+ vehicles per day along S Rangeline Road; Built in 1993 with a metal roof
