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Property profile & analytics
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
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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