Mixed-Use Building with
826 S Main Street, Joplin, MO 64801
For Sale
New
$925,000
Nine upper-level residences sit above a ground-floor office in a remodeled downtown property.
Property Size6,750 SF
Price / SF$137.04
Days on Market3
Property Features for 826 S Main Street
General Information
Standard status
Size
Zoning
Additional Details
Multifamily Units
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
Hardwood
Yes
No
0.06
25 x 110
6750.0
Building Details
Building Size
Year Built
Buildings
Listing Agency:
GLENN GIBSON COMMERCIAL REAL ESTATE
Listed By:
Luke Gibson · License #2006022522
(417) 359-6868
Source:
Pryerrealtygroup
Added: Nov 7
Last Checked: Nov 8 at 1:16PM
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 GLENN GIBSON COMMERCIAL REAL ESTATE
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This remodeled mixed-use property at 826 S Main Street in downtown Joplin contains 6,750 square feet. Nine apartments occupy the upper floors, with a commercial office space at street level. Apartment interiors feature hardwood floors, high ceilings, and efficient layouts.
The property is zoned C-2 and sits on a 0.06-acre lot measuring 25 x 110 feet.
The property is zoned C-2 and sits on a 0.06-acre lot measuring 25 x 110 feet.
Key Highlights
- Nine apartments above a ground‑floor commercial office
- 6,750 square feet on a 0.06‑acre lot
- Lot dimensions: 25 x 110 feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,548
Cap Rate
6.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,210,960
$1.2M
Cap Rate 7%
$864,971
$865.0K
Cap Rate 9%
$672,756
$672.8K
Market Conditions
NOI Build-Up for 6,750 SF
Gross rent
$105.3K $15.60/SF
− Vacancy
−$8.4K −$1.25/SF
EGI
$96.9K $14.35/SF
− OpEx
−$36.3K −$5.38/SF
NOI
$60.5K $8.97/SF
Area
Jasper County, MO
Vacancy
8.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,210,960
Cap Rate 7%
$864,971
Cap Rate 9%
$672,756
Alternative Uses
Best Use
Mixed Use
$865.0K
$756.9K – $1.01M
NOI $60,548 @ 7.0% cap · market cap 6.55%
Second Best
Apartment 5plus
$761.2K
$666.0K – $888.0K
NOI $53,282 @ 7.0% cap · market cap 5.76%
Theoretical Best
Office A
$2.04M
$1.78M – $2.38M
NOI $142,560 @ 7.0% cap · market cap 15.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
9
Residential units
Location Intelligence
Trade Area within ½ mile
1,480
Businesses Nearby
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
$176,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Mixed-use properties in Joplin, MO
Properties on Market for Mixed-use properties in Joplin
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Nine upper-level residences sit above a ground-floor office in a remodeled downtown property.
Where is this mixed-use property located?
The property is located at 826 S Main Street Joplin, MO.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Nine apartments above a ground‑floor commercial office; 6,750 square feet on a 0.06‑acre lot; Lot dimensions: 25 x 110 feet
