Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    20th W St Joplin, MO 64804
    Property profile & analytics

    20th W St Joplin, MO 64804

    View on Map
    • Retail properties & Spaces
    • 10.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 20th W St

    Lot size
    10.00 lot acres
    Property type
    Retail properties & Spaces
    Property subtype
    Grocery and convenience stores

    Description

    This exceptional 10-acre commercial parcel presents a remarkable investment opportunity in Joplin, Missouri. Located at the southwest corner of W 20th Street within the expansive Wildwood Ranch master-planned community, this cleared and level lot is ready for immediate development. The property boasts a prime corner location, offering exceptional visibility and accessibility. All city utilities—electricity (Liberty Utilities), natural gas, sewer, and water—are readily available on-site. The land is easily divisible, providing flexibility for various development scenarios. Wildwood Ranch is a thriving 2064-acre community with established neighborhoods, boasting over 8,500 homes and 23,000+ residents within a 5-mile radius. Future development plans within the immediate vicinity include a 154-home subdivision and a 100-acre residential development. Furthermore, the widening of 20th Street to five lanes has been approved, promising increased traffic flow and enhanced visibility for future businesses. This property's strategic location, coupled with its exceptional features and the area's robust growth trajectory, makes it an ideal investment for a variety of retail uses, including convenience stores, grocery stores, and quick-service restaurants. The asking price is $3,000,000, with a land value of $217,800 per acre. The APN is 18601300000001012.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Joplin
    County
    Jasper
    State
    Missouri
    Longitude
    -94.584
    Latitude
    37.0703

    Comparable in this City

    • Value Estimation by Request
      5.00 Acres

      20Th St

      Lifestyle centers • 5.00 Acres
      0 20Th St, Joplin, MO 64804
      View Details
    • Value Estimation by Request
      1.00 Acre

      3029 Central City Rd

      Restaurants • 1.00 Acre
      3029 Central City Rd, Loma Linda, MO 64804
      View Details
    • Value Estimation by Request
      6,205 SF

      3110 36Th St

      Restaurants • 6,205 SF
      3110 36Th St, Joplin, MO 64804
      View Details
    • Value Estimation
      $1,870,000
      19,200 SF

      2630 Mc Clelland Blvd

      GROCERY, SUPERMARKET • 19,200 SF
      2630 Mc Clelland Blvd, Joplin, MO 64804-1621
      View Details
    • Value Estimation
      $570,000
      7,800 SF

      Joplin, MO 64804

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 7,800 SF
      Joplin, MO 64804
      View Details
    • Value Estimation by Request
      3,600 SF

      2007 Stephens Blvd

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 3,600 SF
      2007 Stephens Blvd, Joplin, MO 64804-3362
      View Details

    Similar Nearby for Sale

    • $550,000
      Pending

      Versatile Commercial Property in Joplin

      5,040 SF property in high-traffic location, ideal for investors.
      2431 S Range Line Rd, Joplin, MO 64804
      View Details
    • $449,000
      0.51 Acres

      Prime Commercial Land in Joplin

      Commercial land ideal for retail, service business, or restaurant.
      2318-2328 S Main St, Joplin, MO 64804
      View Details
    • $449,000
      0.51 Acres

      Joplin Commercial Development Land

      Prime commercial land ideal for retail, service, or restaurant.
      2318-2328 S Main St, Joplin, MO 64804
      View Details
    • $449,000
      0.51 Acres

      Joplin Commercial Development Land

      Prime commercial land ideal for retail, service, or restaurant.
      2318-2328 S Main St, Joplin, MO 64804
      View Details
    • $4,055,806
      4,884 SF

      White Oak Station Investment Opportunity

      Convenience store with fuel pumps, long-term lease, passive investment.
      1503 S Range Line Rd, Joplin, MO 64804
      View Details
    • Contact for pricing

      Prime Main Street Frontage Land

      Commercial land with Main Street frontage, ideal for retail.
      2318-2328 S Main St, Joplin, MO 64804
      View Details

    Similar Nearby for Lease

    • $25 SF/Yr
      5,087 SF

      Restaurant Space on Rangeline Road

      Restaurant space for lease with equipment and patio.
      3607 S Range Line Rd, Joplin, MO 64804
      View Details
    • $16 SF/Yr
      10,500 SF

      Commercial Space in Joplin, Missouri

      Proposed commercial building suitable for office, retail, or service businesses.
      3011 S Main St, Joplin, MO 64804
      View Details
    • $2,000 /Mo
      2,960 SF

      Freestanding Commercial Building in Joplin

      Flexible commercial building in active Joplin corridor with redevelopment potential.
      1220 E 15Th St, Joplin, MO 64804
      View Details
    • $14 SF/Yr
      76,666 SF

      Restaurant Space in Active Area

      Restaurant space in a high-traffic commercial area, adaptable for retail/office.
      2705 S Range Line Rd, Joplin, MO 64804
      View Details
    • $1,800 /Mo
      3,090 SF

      Joplin Commercial Property For Rent

      Highly visible commercial property with flexible layout in Joplin, Missouri.
      2001 S Empire Ave, Joplin, MO 64804
      View Details
    • $10,597 /Mo
      47,045 SF

      Restaurant Space on Rangeline Road

      Restaurant space for lease with equipment and patio.
      3607 S Range Line Rd, Joplin, MO 64804
      View Details
    Request Owner's contact information
    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.
    20th W St
    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
    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

    Thank You for Inquiry
    20th W St, Joplin, MO, 64804
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!