Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5171 N Main St Rd Joplin, MO 64801

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    5,031 sq ft commercial space with 20,000 sq ft warehouse.

    Type:Industrial, Office, Retail
    Property size:
    5,031 SF
    Added:
    Nov 14, 2022
    Days on Market:
    1244
    Last Refresh:
    Mar 17 at 1:18 pm

    Property Features for 5171 N Main St Rd

    General Information

    Standard status
    Active
    Size
    5,031 SF
    Property subtype
    Industrial, Office, Retail

    Spaces For Lease

    at 5171 N Main St Rd Contact us

    We can help!

    Listing Contact
    Luke Gibson

    Listing agent Luke Gibson License #MO 2006022522

    Listing office Glenn Gibson Commercial Real Estate

    Listing date Nov 14, 2022

    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 Glenn Gibson Commercial Real Estate

    Overview

    Versatile Commercial Space on Main

    This commercial space is located on North Main Street in Joplin, Missouri. The property offers 5,031 sq ft of space, with an additional 20,000 sq ft warehouse space to the rear. The unfinished space allows for customization to meet specific business needs. The layout allows for a blend of storefront and storage, making it suitable for retail establishments. The space can also serve as a backdrop for businesses requiring visibility in an office setting. An overhead door at the back streamlines logistical operations. The property is available for lease on a triple net lease (NNN) basis. The property experiences heavy traffic from local patrons and highway travelers. The space is located on the south end of a new SmartLock self storage building, next door south of Habitat for Humanity Restore.
    Location Intelligence

    Current Use by Public Records

    Smartlock Self Storage® ... Storage Facility

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy Big Box & Wholesale Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Joplin
    County
    Jasper
    State
    Missouri
    Longitude
    -94.5114229
    Latitude
    37.1305501

    Nearby Similar for Lease

    • $600,000/mo

      Versatile Commercial Property Near I-44

      Adaptable commercial space near the Joplin medical corridor and I-44.
      5734 S Main Street, Joplin, MO 64801
      View Details
    • Contact for pricing

      Joplin Commercial Property For Rent

      Highly visible commercial property with flexible layout in Joplin, Missouri.
      2001 S Empire Avenue, Joplin, MO 64804
      View Details
    • Contact for pricing

      Functional Warehouse Space in Joplin

      Versatile 5,444 sqft warehouse ideal for various commercial uses.
      663 S Eagle Crest Lane, Joplin, MO 64801
      View Details
    • Contact for pricing

      Downtown Joplin Commercial Space Available

      Retail or office space in historic downtown Joplin building.
      526 S Virginia Avenue, Joplin, MO 64801
      View Details
    • $12/mo

      Joplin Office Space Available

      Second floor office space with elevator and ample parking.
      2613 S Main Street unit: B1&B2, Joplin, MO 64804
      View Details
    • $7/mo

      Downtown Joplin Landmark with Showroom

      Reimagined mixed-use property with showroom-scale garage and private sport court.
      102 S Wall Avenue, Joplin, MO 64801
      View Details
    • Contact for pricing

      Downtown Joplin Commercial Space Available

      Prime commercial space in high-traffic downtown Joplin location.
      906 S Main Street unit: B, Joplin, MO 64801
      View Details
    • Contact for pricing

      Downtown Joplin Office Space Rental

      Newly renovated office space with modern amenities in downtown Joplin.
      112 S Main Street unit: 3,4,5, Joplin, MO 64801
      View Details
    • Contact for pricing

      Joplin Office/Retail Space For Rent

      1,100 sqft office/retail space in high-traffic Joplin area.
      1818 E 4th Street, Unit 1, Joplin, MO 64801
      View Details
    • Contact for pricing

      Joplin Retail or Office Space

      Over 3,000 sqft for lease in the heart of Joplin.
      409 S Main Street, Joplin, MO 64801
      View Details
    • Contact for pricing

      Downtown Joplin Commercial Office Space

      Second-floor office space with parking and flexible layout.
      212 W 5th Street unit: 210, Joplin, MO 64801
      View Details
    • Contact for pricing

      Downtown Office Space For Lease

      900 sq ft office space in downtown Joplin, Missouri.
      212 W 5th Street unit: 212, Joplin, MO 64801
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - 5,031 sq ft commercial space with 20,000 sq ft warehouse.
    Where is this mixed-use property located?
    The property is located at 5171 N Main St Rd Joplin, MO.
    What are key features of this property?
    This property features: High visibility location on North Main Street with heavy traffic.; Expansive **5,031 sq ft commercial space**.; Additional 20,000 sq ft warehouse space to the rear.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Luke Gibson
    Real Estate License ID: MO 2006022522
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!