Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5211 Main Street Rd Joplin, MO 64804

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $750,000

    2-Acre Commercial Lot, I-44 Access

    Property Features for 5211 Main Street Rd

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    We can help!

    Listing Contact
    Luke Gibson
    Luke Gibson

    Listing Agency: GLENN GROUP LLC Listing Agent: Luke Gibson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 2-acre commercial land parcel presents a prime development opportunity in south Joplin, Missouri. Located at 5211 Main Street, this property boasts 208 feet of road frontage, providing excellent visibility and accessibility. Its strategic location offers convenient access to Interstate 44, ensuring ease of travel for potential clients and employees. The lot is cleared and ready for development, eliminating pre-construction hurdles. Zoned C-O (Office Building District), this site is ideally suited for a variety of commercial ventures, particularly those in the medical field given its proximity to Mercy Hospital. The asking price is $750,000. This property offers unparalleled potential for businesses seeking high visibility and convenient access to major transportation routes in a thriving area of Joplin. The 64804 zip code ensures a desirable location within the community. This is a rare opportunity to acquire a significant commercial land holding in a high-demand area. Serious inquiries are encouraged.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Newton
    State
    Missouri
    Longitude
    -94.514645
    Latitude
    37.031124

    Nearby Similar for Sale

    • $1,798,500
      14,700 SF

      Versatile Commercial Building on Route 66

      14,700 sq ft commercial building with high visibility location.
      204 E 7Th St, Joplin, MO 64801
      View Details
    • $1,798,500
      15,000 SF

      Versatile Commercial Building on Route 66

      Adaptable commercial building in downtown Joplin with high visibility.
      204 East 7Th St, Joplin, MO 64801
      View Details
    • $990,000
      11,081 SF

      Historic Route 66 Mixed-Use Property

      Mixed-use property with retail/office space and luxury loft residence.
      524 S Main St, Joplin, MO 64801
      View Details
    • New
      $3,950,000
      61,548 SF

      Downtown Joplin Commercial Property

      Located in the heart of Joplin, suitable for various business uses.
      117 E 4Th St, Joplin, MO 64801
      View Details
    • $200,000
      1,984 SF

      Route 66 Commercial Opportunity

      Unique commercial space with live-work potential on Route 66.
      1209 W 7Th St, Joplin, MO 64801
      View Details
    • $525,000
      1,984 SF

      Unique Cigar Lounge on Route 66

      Cigar lounge with humidor, patio, and Route 66 location.
      1209 W 7Th St, Joplin, MO 64801
      View Details
    • $190,000
      15,000 SF

      Historic Mixed-Use Property in Joplin

      15,000 sq ft historic property in Joplin's Historic District.
      830 Main St, Joplin, MO 64801
      View Details
    • $729,900
      9,185 SF

      Downtown Joplin Landmark with Garage

      Reimagined 9,200 SF property with showroom garage and sport court.
      102 S Wall Ave, Joplin, MO 64801
      View Details
    • New
      $625,000
      Pending

      Move-In Ready Commercial Buildings

      Newly constructed commercial buildings ideal for diverse business uses.
      1315 W Zora, Joplin, MO 64801
      View Details
    • $695,000
      10,800 SF

      Versatile Commercial Building in Joplin

      10,800 SF commercial building suitable for various business uses.
      402 E 7Th St, Joplin, MO 64801
      View Details
    • $100,000
      700 SF

      Joplin Commercial Property with Potential

      Versatile property suitable for restaurant, event venue, or rental income.
      1301 E Broadway St, Joplin, MO 64801
      View Details
    • New
      $250,000
      Pending

      Joplin Industrial Facility For Sale

      9,350+ sq ft industrial facility in downtown Joplin.
      914 Grand Ave, Joplin, MO 64801
      View Details

    FAQs

    What type of property is this?
    Land - 2-Acre Commercial Lot, I-44 Access
    Where is this land located?
    The property is located at 5211 Main Street Rd Joplin, MO.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: High-visibility location on South Main Street.; Easy access to I-44.; 208 feet of prime South Main Street frontage.
    (417) 359-6868
    Request Owner's contact information
    5211 Main Street Rd Joplin, MO 64804
    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.
    5211 Main Street Rd
    Joplin, MO 64804
    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
    5211 Main Street Rd Joplin, MO 64804
    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

    We can help!
    Listing Contact
    Luke Gibson
    Luke Gibson
    Real Estate License ID: 2015033987
    (417) 359-6868 (417) 434-4845
    Learn more
    Google sign-in failed. Please try again or use another login method.