2609 Range Line Rd Joplin, MO 64801
- Lifestyle centers
- 16,490 SF
- 3.55 lot acres
Current Use by Public Records
- J & L Tee's / Clothing Store
Property Details for 2609 Range Line Rd
- Lot size
- 3.55 lot acres
- Property size
- 16,490 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Joplin
- County
- Jasper
- State
- Missouri
- Longitude
- -94.4758
- Latitude
- 37.1135
