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    5051 Main St Joplin, MO 64804

    For Sale
    $3,500,000

    Prime Commercial Land near Mercy Hospital

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 3,500,000 USD commercial land parcel is ideally situated in Joplin, Missouri, at 5051 S Main St, zip code 64804. Located just south of Mercy Hospital, this property presents a unique investment opportunity. The land is classified as commercial and offers significant potential for various developments. Its strategic location near a major medical facility ensures high visibility and accessibility. The property's address is precisely 5051 S Main Street, Joplin, MO 64804, within Newton County. Geographical coordinates are latitude 37.0330526 and longitude -94.5149904. It's important to note that a sewer easement exists on the property. Given its proximity to Mercy Hospital, this land is particularly well-suited for a motel or similar hospitality venture, as suggested in the investment highlights. The asking price for this prime commercial land is 3,500,000 USD. Serious inquiries are encouraged to explore the development possibilities of this strategically located property. Further due diligence is recommended to fully assess the property's potential and suitability for intended use.

    Property Features for 5051 Main St

    General Information

    Property type
    Land

    HighLights

    • 3,500,000 USD commercial land parcel in Joplin, MO.
    • Located at 5051 S Main St, Joplin, MO 64804, near Mercy Hospital.
    • Zoned commercial, offering high visibility and accessibility.
    • Sewer easement exists on the property.
    • Ideal for a motel or similar hospitality use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Vesigate Market Researcher

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Joplin
    County
    Newton
    State
    Missouri
    Longitude
    -94.5149904
    Latitude
    37.0330526

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land near Mercy Hospital
    Where is this land located?
    The property is located at 5051 Main St Joplin, MO.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: 3,500,000 USD commercial land parcel in Joplin, MO.; Located at 5051 S Main St, Joplin, MO 64804, near Mercy Hospital.; Zoned commercial, offering high visibility and accessibility.
    (417) 659-7560
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    5051 Main St Joplin, MO 64804
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    Joplin, MO 64804
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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
    5051 Main St Joplin, MO 64804
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