Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercial Land on South Main Title is generated by Realmo AI

    5401 S Main St, Joplin, MO 64804

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    20+ acres for commercial development in Joplin, Missouri.

    Type:Land
    Property size:
    2,500 SF
    Lot size:
    20.00 Acres
    Price / SF:
    $480/SF
    Added:
    Mar 3, 2023
    Days on Market:
    1192
    Last Refresh:
    May 12 at 9:57 pm

    Property Features for 5401 S Main St

    General Information

    Standard status
    Active
    Size
    2,500 SF
    Lot size
    20.00 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    John Hyman

    Listing agent John Hyman License #MO2014018673

    Listing office Andrew Bright & Associates

    Listing date Mar 3, 2023

    Source Crexi

    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 Andrew Bright & Associates

    HighLights

    • 20+ acres for commercial development on South Main.
    • 433.33+\/- Silver Creek frontage.
    • Located across the street from Wildcat Park with walking trails.
    • Chert glades on the property.
    • Includes a 2500 sf house and detached garage.
    • Separate garage/workshop with carports.

    Overview

    This property features over 20 acres of commercial land situated on South Main in Joplin, Missouri. The site includes a 2,500-square-foot house, a detached garage, and a separate garage/workshop with carports. An additional small storage building is also present. The property boasts approximately 433.33 feet of frontage on Silver Creek. It is located across the street from Wildcat Park, which offers chert glades and over 4 miles of walking trails. The property itself also contains chert glades, making it suitable for various development opportunities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Dental Office Auto Repair Shop Pharmacy Auto Parts Store Food Market Grocery & Convenience Store Bar & Pub Garden Center Cafe & Coffee Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Joplin
    County
    Jasper
    State
    Missouri
    Longitude
    -94.5145981
    Latitude
    37.0288238

    Nearby Similar for Sale

    • $920,000
      9,568 SF

      Multi-Building Flex Office/Warehouse Complex

      Three secured buildings combine office, showroom, and warehouse/shop space with ample on-site parking and a large concrete slab.
      531 N Schifferdecker Avenue, Joplin, MO 64801
      View Details
    • $600,000
      6,540 SF

      Turnkey Medical Office Suite

      Suite with waiting, reception, exam rooms, private offices, and an additional street-access basement.
      1703 W 30th Street, Joplin, MO 64804
      View Details
    • $333,000
      3,360 SF

      Retail/Office Building on 0.62 Acres

      3,360 SF retail/office building with excellent visibility and frontage.
      5467 N Main Street Road, Joplin, MO 64801
      View Details
    • $1,400,000
      3,600 SF

      Turnkey Flex Office and Shop

      Remodeled office with multiple rooms plus a heated, fenced shop with overhead doors and powered storage.
      3203 N Rangeline Road, Joplin, MO 64801
      View Details
    • $1,500,000
      12,182 SF

      Restaurant Property with Event Center

      Steel-framed restaurant plus an event center with extensive parking and dual zoning supports multiple commercial uses.
      2728 &2802 N Rangeline Road, Joplin, MO 64801
      View Details
    • $695,000
      10,800 SF

      Automotive Service and Showroom Building

      Versatile building with showroom, offices, large work area, and seven overhead doors on a high-visibility corridor.
      402 E 7th Street, Joplin, MO 64801
      View Details
    • $488,000
      7,318 SF

      Versatile Commercial Building Near I-44

      Adaptable commercial property near medical corridor and Interstate 44.
      5734 S Main Street, Joplin, MO 64801
      View Details
    • $873,562
      12,318 SF

      Flex Space with Multiple Overhead Doors

      Flexibly zoned C-3 property on a fully fenced lot with six overhead doors and major 2013 system updates.
      711 S Patterson Avenue, Joplin, MO 64801
      View Details
    • $488,000
      7,318 SF

      Versatile Commercial Property Near I-44

      Adaptable commercial building near the Joplin medical corridor and I-44.
      5734 S Main Street, Joplin, MO 64801
      View Details
    • $1,699,000
      15,000 SF

      Versatile Commercial Building on Route 66

      Adaptable commercial building with high visibility and multiple usable areas.
      204 E 7th Street, Joplin, MO 64801
      View Details
    • $1,699,000
      14,700 SF

      Mixed-Use Commercial Building with Parking

      Versatile downtown building with multiple configurations, nine bathrooms, and about 41 sealed parking spaces for customer access.
      204 E 7th Street, Joplin, MO 64801
      View Details
    • $799,000
      7,000 SF

      Medical Office Building with Reception

      Flexible two-level office layout with reception, multiple rooms, and an upstairs living quarters configuration.
      2531 E 32nd Street, Joplin, MO 64804
      View Details

    FAQs

    What type of property is this?
    Commercial land - 20+ acres for commercial development in Joplin, Missouri.
    Where is this commercial land located?
    The property is located at 5401 S Main St Joplin, MO.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: 20+ acres for commercial development on South Main.; **433.33+\/- Silver Creek frontage.**; Located across the street from Wildcat Park with walking trails.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    John Hyman
    Real Estate License ID: MO2014018673
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5401 S Main St, Joplin, MO 64804
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!