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Three-Building Flex Property
For Sale
$920,000

531 N Schifferdecker Avenue, Joplin, MO 64801

Commercial Sale, Joplin, MO

Property Size9,568 SF
Lot Size9.33 Acres
Price / SF$96.15
Days on Market144

Property Features for 531 N Schifferdecker Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning M2-PD
Fencing Chain Link
Directions From 7th & Schifferdecker, North approximately 1 mile, building on East side.
Subdivision 01 - Joplin City - NW
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

Amenities

electric access gate
kitchen area
dedicated server room with its own HVAC

Building Details

Flooring type Carpet, Concrete, Vinyl
Roof type Shingle
Listing Agency: GLENN GIBSON COMMERCIAL REAL ESTATE
Listed By: Luke Gibson · License #2015033987
Added: May 28 Changed: Oct 17 Last Checked: Oct 18 at 3:06PM
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.

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Investment Insights

Based on property information with market context.

This 9.33-acre commercial property includes three buildings totaling 9,568 square feet. The North Building contains two 900-square-foot office suites that may be combined into an 1,800-square-foot configuration. The Middle Building offers 3,600 and 1,000 square feet of office space, along with private offices, multiple restrooms, a kitchen, and a dedicated server room with separate HVAC. The South Building combines approximately 2,240 square feet of showroom and office area with a 928-square-foot shop.

A 122' x 36' concrete slab provides additional exterior utility for storage, equipment, or other outdoor operations. The site has chain-link fencing, an electric access gate, ample on-site parking, and M2-PD zoning. Access to I-49/249 via Zora St. and I-44 is available in less than 15 minutes, supporting a range of office, showroom, warehouse, and flex-space uses.

Key Highlights

  • Three‑building property totaling 9,568 square feet on 9.33 acres
  • North Building includes two 900‑square‑foot suites with a combined 1,800‑square‑foot layout option
  • Middle Building offers 3,600‑square‑foot and 1,000‑square‑foot office units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$47,089
Cap Rate
5.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$941,780 $941.8K
Cap Rate 7%
$672,700 $672.7K
Cap Rate 9%
$523,211 $523.2K
Market Conditions
NOI Build-Up for 9,568 SF
Gross rent
$57.4K $6.00/SF
− Vacancy
−$2.0K −$0.21/SF
EGI
$55.4K $5.79/SF
− OpEx
−$8.3K −$0.87/SF
NOI
$47.1K $4.92/SF
Area
Jasper County, MO
Vacancy
3.50%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$941,780
Cap Rate 7%
$672,700
Cap Rate 9%
$523,211

Alternative Uses

Best Use
Office B
$1.80M
$1.58M – $2.10M (±1% cap)
NOI $126,068 @ 7.0% cap · market cap 13.70%
Second Best
Retail
$1.29M
$1.13M – $1.50M (±1% cap)
NOI $90,273 @ 7.0% cap · market cap 9.81%
Theoretical Best
Office A
$2.89M
$2.53M – $3.37M (±1% cap)
NOI $202,076 @ 7.0% cap · market cap 21.96%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

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

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Hair Salon Restaurant Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Office units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

76
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Versatile commercial compound with offices, showroom space, warehouse improvements, secure gated access, and substantial parking.
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: Three‑building property totaling 9,568 square feet on 9.33 acres; North Building includes two 900‑square‑foot suites with a combined 1,800‑square‑foot layout option; Middle Building offers 3,600‑square‑foot and 1,000‑square‑foot office units
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