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    2914 32Nd St Joplin, MO 64804

    For Sale
    $4,950,000

    Prime retail center, 5.45 acres, high traffic location.

    Property size:
    34,630 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional investment opportunity presents a 34,630 square foot shopping center situated on a highly visible 5.45-acre lot at the intersection of 32nd Street and Rangeline Road in Joplin, Missouri. The property boasts three existing buildings totaling 34,630 square feet of retail space, currently at 51% occupancy, with a gross lease structure and 31 individual units. Building A comprises 21,430 square feet, Building B encompasses 8,000 square feet, and Building C offers 5,200 square feet. Additionally, a vacant one-acre lot provides significant potential for future development or expansion. Built in 1985, this single-story property offers excellent access and frontage on both 32nd Street and Rangeline Road, a high-traffic area. The asking price is $4,950,000, translating to $142.94 per square foot. The seller is open to subdividing parcels, offering flexibility for various development scenarios. This multi-tenant retail center presents a compelling opportunity for investors and developers seeking a prime location in a busy Joplin commercial corridor. The property is zoned for retail use and offers significant upside potential. This is a rare opportunity to acquire a well-located, established shopping center with the added benefit of developable land.

    Property Features for 2914 32Nd St

    General Information

    Property type
    Lifestyle centers
    Square Feet
    34,630 SF
    Lot Size
    237,402 SF

    Building Details

    Year Built
    1985
    Buildings
    3
    Stories
    1
    Units
    31

    HighLights

    • High‑traffic corner location at Rangeline Road and 32nd Street in Joplin, MO.
    • Access from both 32nd Street and Rangeline Road.
    • Multi‑tenant retail center with three buildings totaling 34,630 square feet.
    • One‑acre vacant lot available for future development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Western-Shamrock Finance Financial Planner Subway Sandwich Shop Psychic Readings Psychic Nail Tek Nail Salon SpringHill Suites Joplin Hotel

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Joplin
    County
    Newton
    State
    Missouri
    Longitude
    -94.479431130334
    Latitude
    37.054834128021

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    FAQs

    What type of property is this?
    Lifestyle center - Prime retail center, 5.45 acres, high traffic location.
    Where is this lifestyle center located?
    The property is located at 2914 32Nd St Joplin, MO.
    What is the asking price?
    The asking price for this property is $4,950,000.
    What are key features of this property?
    This property features: High-traffic corner location at Rangeline Road and 32nd Street in Joplin, MO.; Access from both 32nd Street and Rangeline Road.; Multi-tenant retail center with three buildings totaling 34,630 square feet.
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    Realmo Value Estimation

    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.

    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.

    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
    2914 32Nd St Joplin, MO 64804
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