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    OFF-MARKET
    Lifestyle centers

    2609 Range Line Rd, Joplin, MO 64801

    16,490 SF 3.55 ac lot
    Property ID
    Property summary
    AI-generated overview

    Oakland Plaza, a thriving retail investment opportunity in Joplin, Missouri, presents a compelling case for investors seeking strong returns. This stabilized shopping center boasts 16,490 square feet of net rentable space across four single-story buildings, situated on a 3.55-acre lot. Currently operating at 100% occupancy, the property commands a compelling 6.10% cap rate and a price per square foot of $151.61, reflecting its strong performance and prime location. The asking price is $2,500,000. The property enjoys exceptional visibility with 300 feet of frontage along Rangeline and Zora Streets, ensuring high traffic and exposure for tenants. Convenient access is provided from both major thoroughfares. Adding to the investment's appeal, the sale includes two residential properties located at 3115 E Zora and 3121 E Zora, presenting additional income potential or future development options. This multi-tenant shopping center in the 64801 zip code of Jasper County offers a rare combination of strong cash flow, prime location, and significant upside potential. The property's excellent condition and high occupancy rate make it an attractive investment for both seasoned and emerging real estate investors.

    Property profile
    Verified
    Property type Lifestyle centers
    Total area 16,490 SF
    Lot 3.55 ac (154,638 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • J & L Tee's Clothing Store
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
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