Commercial Property with Metal
729 W 32nd Street Joplin, MO 64804
729 W 32nd Street, Joplin, MO, 64804
$235,000
For Sale
$235,000
COMMERCIAL - Joplin, MO
Property Size864 SF
Lot Size0.51 Acres
Price / SF$271.99
Days on Market523
Property Features for 729 W 32nd Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Basement
- Crawl Space
- Standard status
- Active
- APN
- 1951540019004000
- Size
- 864 SF
- Lot size
- 0.51 Acres
Taxes and HOA fees
- Tax Annual Amount
- 980
Utilities
- Utilities
- Electricity Available
- Heating system
- Natural Gas, Central
- Cooling system
- Central Air
Building Details
- Year built
- 1940
- Flooring type
- Laminate, Hardwood
- Roof type
- Composition
Listing Agency
EXP Realty, LLC
(866) 224-1761
2131 W Republic Rd #26, Overland Park, MO
Listed by
Shannon Van Gorp · License #2005004349
(417) 312-0822
Added: Feb 9, 2025 Checked: Jul 17 at 3:06 pm
MLS# 250675
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 corner-lot commercial property includes a 2/1 home and a large metal shop with three stalls. The shop also has an overhead loft area inside, with space suitable for a workbench.
The property sits in a commercial zone and is located near Freeman Hospital and other medical facilities, providing convenient access to a dedicated customer base for businesses serving the area.
On-site features include an asphalt driveway, offering straightforward arrival and daily use for both residential and business operations.
The property sits in a commercial zone and is located near Freeman Hospital and other medical facilities, providing convenient access to a dedicated customer base for businesses serving the area.
On-site features include an asphalt driveway, offering straightforward arrival and daily use for both residential and business operations.
Key Highlights
- Commercial‑zoned property on a corner lot near Freeman Hospital and other medical facilities
- Includes a 2/1 home plus a large metal shop with three stalls
- Shop features an overhead loft with area for a workbench
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $13.5k | $15.60 |
| − Vacancy | −$1.1k | −$1.25 |
| EGI | $12.4k | $14.35 |
| − OpEx | −$5.6k | −$6.46 |
| NOI | $6.8k | $7.89 |
864 SF · lease $15.60/SF/yr · vacancy 8.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$97.4K
$85.3K – $113.7K
NOI $6,820 @ 7.0% cap · market cap 2.90%
Second Best
Warehouse
$60.7K
$53.2K – $70.9K
NOI $4,252 @ 7.0% cap · market cap 1.81%
Theoretical Best
Office A
$260.7K
$228.1K – $304.1K
NOI $18,248 @ 7.0% cap · market cap 7.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Corner-lot commercial property with a 2/1 home and a metal shop featuring three stalls and an overhead loft workspace.
Where is this single family property located?
The property is located at 729 W 32nd Street Joplin, MO.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Commercial‑zoned property on a corner lot near Freeman Hospital and other medical facilities; Includes a 2/1 home plus a large metal shop with three stalls; Shop features an overhead loft with area for a workbench
