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    Multi-Building Flex Office/Warehouse Complex Title is generated by Realmo AI

    531 N Schifferdecker Avenue, Joplin, MO 64801

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    For Sale
    $920,000

    COMMERCIAL - Joplin, MO

    Property size:
    9,568 SF
    Lot size:
    9.33 Acres
    Price / SF:
    $96/SF
    Added:
    May 28, 2026
    Days on Market:
    8
    Last Refresh:
    Jun 4 at 8:06 pm

    Property Features for 531 N Schifferdecker Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    M2-PD
    Fencing
    Chain Link
    Standard status
    Active
    APN
    19200422001003000
    Size
    9,568 SF
    Lot size
    9.33 Acres

    Taxes and HOA fees

    Tax Annual Amount
    3719

    Utilities

    Heating system
    Central, Natural Gas
    Cooling system
    Central Air

    Building Details

    Flooring type
    Vinyl, Carpet, Concrete
    Roof type
    Shingle

    We can help!

    Listing Contact
    Luke Gibson
    Luke Gibson

    Listing agent Luke Gibson License #2015033987

    Listing office GLENN GIBSON COMMERCIAL REAL ESTATE 2650 E 32nd Street Ste. 221, JOPLIN, MO

    Listing date May 28, 2026

    MLS# 263066

    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

    • Versatile three‑building commercial property with professional office, showroom, warehouse, and flex‑space potential for multiple user types.
    • North Building: two 900 SF office suites that can combine into a single 1,800 SF office layout; office space overlooks a lake view.
    • Middle Building: two office units totaling 4,600 SF (3,600 SF and 1,000 SF) that can be combined for larger operations.
    • South Building includes approx. 2,240 SF showroom/office area plus an additional 928 SF shop space.
    • On‑site security features an electric access gate and chain‑link fencing; amenities include multiple restrooms, kitchen area, and a dedicated server room with its own HVAC.
    • Large 122' x 36' concrete slab for storage/equipment/outdoor use; under 10 minutes to I‑49/249 via Zora St and under 15 minutes to I‑44.

    Overview

    This for-sale property consists of three commercial buildings designed for flexible use across professional office, showroom, warehouse, and flex-space operations. The North Building includes professional office space overlooking a scenic lake view, with two 900-square-foot suites that can be combined into a single 1,800-square-foot office configuration. The Middle Building contains office space with two units of 3,600 square feet and 1,000 square feet, which can also be combined for larger users. The South Building offers a combination of office, showroom, and warehouse/shop space, including approximately 2,240 square feet of showroom and office area plus an additional 928-square-foot shop. Throughout the office components, the amenities include private offices, multiple restrooms, a kitchen area, and a dedicated server room with its own HVAC system. A large 122' x 36' concrete slab supports additional operational needs for storage, equipment, or outdoor use.

    The property is secured by an electric access gate and provides ample on-site parking. It is positioned in the Joplin, Missouri area and is accessible to major interstates, with less than 10 minutes to I-49/249 via Zora St. and less than 15 minutes to I-44.

    With multiple buildings that can be configured as separate units or combined for larger footprints, the site is well-suited for owner-users and businesses seeking operational flexibility. The mix of office amenities, showroom capability, and warehouse/shop space supports a range of professional and light industrial uses, while the dedicated server room and HVAC-equipped setup can support technology-forward office operations.
    Property Profile Location Intelligence

    Current Use by Public Records

    Jw construction and handyman ... Construction Company K & K Treehouse Clothing & Fashion Store Woods Christmas lights Landscaping

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Joplin
    County
    Jasper
    State
    Missouri
    Longitude
    -94.547506
    Latitude
    37.09795

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    FAQs

    What type of property is this?
    Flex space - Three secured buildings combine office, showroom, and warehouse/shop space with ample on-site parking and a large concrete slab.
    Where is this flex space located?
    The property is located at 531 N Schifferdecker Avenue Joplin, MO.
    What is the asking price?
    The asking price for this property is $920,000.
    What are key features of this property?
    This property features: Versatile three‑building commercial property with professional office, showroom, warehouse, and flex‑space potential for multiple user types.; North Building: two 900 SF office suites that can combine into a single 1,800 SF office layout; office space overlooks a lake view.; Middle Building: two office units totaling 4,600 SF (3,600 SF and 1,000 SF) that can be combined for larger operations.
    (417) 359-6868
    We can help!
    Listing Contact
    Luke Gibson
    Luke Gibson
    Real Estate License ID: 2015033987
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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.

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