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Office Suite with Storage
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801 E 20th Street #3, Joplin, MO 64804

Interior spaces include a front office, seating area, central room, and rear entry with a bathroom.

Property Size800 SF
Price / SF$1.06
Days on Market104

Property Features for 801 E 20th Street #3

General Information

Standard status Active
Size 800 SF
Property subtype Office

Building Details

Year Built 1979
Listing Agency: EXP Realty LLC
Listed By: Shannon Van Gorp · License #2005004349
Source: Onefiverealestate
Added: Jul 26 Changed: Nov 5 Last Checked: Nov 5 at 9:25AM

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 EXP Realty LLC

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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 800-square-foot office unit, built in 1979, has a seating area, a front office with a window, a large storage room, and a central rectangular room. The rear area is open and includes a separate entrance and bathroom. Water is paid.

The unit is in Eagle Plaza, across the street from Franklin Tech and Joplin High School. Potential uses listed for the space include retail, offices, and professional services.

Key Highlights

  • 800 SF office unit
  • Front office with window, seating area, central room, large storage room, and open rear area
  • Rear entrance and bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,541
Suggested Prices Based on Cap Rates
Cap Rate 5%
$210,820 $210.8K
Cap Rate 7%
$150,586 $150.6K
Cap Rate 9%
$117,122 $117.1K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$17.6K $21.96/SF
− Vacancy
−$3.5K −$4.39/SF
EGI
$14.1K $17.57/SF
− OpEx
−$3.5K −$4.39/SF
NOI
$10.5K $13.18/SF
Area
Jasper County, MO
Vacancy
20.00%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$210,820
Cap Rate 7%
$150,586
Cap Rate 9%
$117,122

Alternative Uses

Best Use
Office B
$150.6K
$131.8K – $175.7K (±1% cap)
NOI $10,541 @ 7.0% cap · market cap 1,240.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$241.4K
$211.2K – $281.6K (±1% cap)
NOI $16,896 @ 7.0% cap · market cap 1,987.76%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

All Comm Business ... Business Service Center Lotus Xpress Restaurant Farmers Insurance - Steven ... Insurance Agency Pink Mornings Coffee ... Cafe & Coffee Shop Premier Home Health ... Home Health Care Service

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Dental Office HVAC Service Law Firm Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

517
Businesses Nearby

Demographics for 64804, MO

38,078
Population
16,844
Households
2.3
Avg Household Size
39
Median Age
28%
College-Educated
91%
High-School Grad
91.4 sq mi
ZIP Area
417
Density / Sq Mi
$62,081
Median Household Income
$34,780
Median Earnings
$886
Median Rent
$171,500
Median Home Value

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?
Office unit - Interior spaces include a front office, seating area, central room, and rear entry with a bathroom.
Where is this office unit located?
The property is located at 801 E 20th Street #3 Joplin, MO.
What are key features of this property?
This property features: 800 SF office unit; Front office with window, seating area, central room, large storage room, and open rear area; Rear entrance and bathroom
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Includes: Price & PSF · Cap rate · Location · Zoning

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