Industrial Warehouse with
For Sale
Contact for pricing
601 E 9th St, Joplin, MO 64801
Industrial warehouse includes an entry/front desk, office/work space, breakroom, and a large warehouse area.
Property Size5,600 SF
Price / SF$71.43
Days on Market117
Property Features for 601 E 9th St
General Information
Standard status
Active
Size
5,600 SF
Property subtype
INDUSTRIAL
Zoning
M-2
Listing Agency:
SVN | Rankin Company, LLC
(417) 887-8826
Listed By:
Jeff Childs, SIOR, CCIM · License #1999029641
(417) 860-5447
Source:
Moodyscre
Added: May 12
Changed: Aug 22
Last Checked: Aug 14 at 7:48AM
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 SVN | Rankin Company, LLC
Investment Insights
Based on property information with market context.
601 E. 9th Street is an industrial warehouse building offering approximately 5,600 square feet of space. The layout includes an entry area with a front desk, an office/work space, a breakroom, and a large warehouse area designed for straightforward operations.
The property is zoned M-2. It is positioned for connectivity to both local and regional markets, supporting businesses that need practical warehouse or industrial space with on-site space for client interface.
Overall, the building’s configuration combines workplace and client-facing areas with a substantial open warehouse footprint under an M-2 zoning designation.
The property is zoned M-2. It is positioned for connectivity to both local and regional markets, supporting businesses that need practical warehouse or industrial space with on-site space for client interface.
Overall, the building’s configuration combines workplace and client-facing areas with a substantial open warehouse footprint under an M-2 zoning designation.
Key Highlights
- Industrial warehouse building offering ±5,600 SF of space
- Layout includes an entry/front desk, office/work space, and breakroom
- Includes a large warehouse space
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
$27,560
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
6.89%
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%
$551,200
$551.2K
Cap Rate 7%
$393,714
$393.7K
Cap Rate 9%
$306,222
$306.2K
Market Conditions
NOI Build-Up for 5,600 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
$33.6K $6.00/SF
− Vacancy
−$1.2K −$0.21/SF
EGI
$32.4K $5.79/SF
− OpEx
−$4.9K −$0.87/SF
NOI
$27.6K $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 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%
$551,200
Cap Rate 7%
$393,714
Cap Rate 9%
$306,222
Alternative Uses
Best Use
Warehouse
$393.7K
$344.5K – $459.3K
NOI $27,560 @ 7.0% cap · market cap 6.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.69M
$1.48M – $1.97M
NOI $118,272 @ 7.0% cap · market cap 29.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,547
Businesses Nearby
Balanced
Demand for This Use
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 Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Oomlot — 1301Virginia Ave, Joplin, MO 64801
- Self-Storage at U-Haul — 1410 E 7th St, Joplin, MO 64801
- MFC Storage — 231 N Main St Rd, Joplin, MO 64801
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial warehouse includes an entry/front desk, office/work space, breakroom, and a large warehouse area.
Where is this warehouse located?
The property is located at 601 E 9th St Joplin, MO.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Industrial warehouse building offering ±5,600 SF of space; Layout includes an entry/front desk, office/work space, and breakroom; Includes a large warehouse space
