Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    2318-2328 Main St Joplin, MO 64804

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2318-2328 Main St Joplin, MO 64804

    View on Map
    • Land
    • 0.51 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 2318-2328 Main St

    Lot size
    0.51 lot acres
    Property type
    Land

    Description

    This exceptional 288-square-foot office suite is situated within a larger, well-maintained professional office building at 3731 Pheasant Lane in South Waterloo. Built in 2004, the building offers a convenient and accessible location. The suite itself is a garden level space, perfect for a variety of professional uses, such as massage therapy or counseling. The single-room layout is efficient and functional, featuring a built-in sink and a window providing natural light. Ample on-site parking is available for tenants and clients, with a total of 31 spaces across the entire 7,780-square-foot building. The property also presents excellent signage opportunities for increased visibility. The building is zoned R-4, and the property sits on a 0.59-acre lot. The building includes an elevator for convenient access. This is a single-tenancy property, offering a private and self-contained workspace. The property's parcel number is 881304477003, located in Black Hawk County. This is an ideal opportunity for a solo practitioner or small business seeking a professional and well-appointed office space.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Joplin
    County
    Jasper
    State
    Missouri
    Longitude
    -94.5146
    Latitude
    37.0653

    Comparable in this City

    • Value Estimation by Request
      1.02 Acres

      1515 Range Line Rd

      Land • 1.02 Acres
      1515 Range Line Rd, Joplin, MO 64804
      View Details
    • Value Estimation by Request
      0.56 Acres

      1928 Ohio Ave

      Land • 0.56 Acres
      1928 Ohio Ave, Joplin, MO 64804
      View Details
    • Value Estimation by Request
      0.53 Acres

      1515 Joplin Mo

      Land • 0.53 Acres
      1515 Joplin Mo, Joplin, MO 64804
      View Details
    • Value Estimation by Request
      1.91 Acres

      000 Gateway Dr

      Land • 1.91 Acres
      000 Gateway Dr, Joplin, MO 64804
      View Details
    • Value Estimation by Request

      5051 Main St

      Land
      5051 Main St, Joplin, MO 64804
      View Details
    • Value Estimation by Request

      2914 22Nd St

      Land
      2914 22Nd St, Joplin, MO 64804
      View Details

    Similar Nearby for Sale

    • $157,500
      5.00 Acres

      Land For Sale, Joplin, MO

      Vacant land in rural Newton County, approximately 5 acres.
      4196 Coyote Dr, Joplin, MO 64804
      View Details
    • $1,500,000
      200.00 Acres

      Loma Linda Land For Sale

      Over 200 acres of land ready to be developed.
      Loma Linda Dr S, Loma Linda, MO 64804
      View Details
    • $1,295,000
      93.00 Acres

      Joplin Acreage with Shop Building

      93.49 acres with a 6,000 sq ft shop building.
      000 Highway Nn, Joplin, MO 64804
      View Details
    • Contact for pricing

      Land Near Mercy Hospital

      Land available near Mercy Hospital with sewer easement.
      5051 S Main St, Joplin, MO 64804
      View Details
    • $265,000
      9.00 Acres

      Land For Sale, Joplin, MO

      Vacant land in rural Newton County, approximately 9 acres.
      4196 Coyote Dr, Joplin, MO 64804
      View Details
    • Contact for pricing

      Joplin Land Opportunity Available

      Land for sale near industrial park and major interstates.
      14407 State Hwy, Joplin, MO 64804
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      5,000 SF

      Joplin Commercial Land For Lease

      Versatile commercial land with potential for customized building.
      E 22Nd St, 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
    • $1,441 /Mo
      1,441 SF

      Joplin Office Space For Rent

      Corner office space in Joplin's Medical District, customizable and visible.
      1531 W 32Nd St, Joplin, MO 64804
      View Details
    • New
      $2,275 /Mo
      2,100 SF

      Class A Office Space Available

      Premier office space in Joplin's professional corridor for rent.
      3115 Arizona Ave, Joplin, MO 64804
      View Details
    • $5 SF/Yr
      11,200 SF

      Joplin Industrial Park Office Space

      Office space in Joplin Industrial Park featuring private offices.
      3001 Davis Blvd, Joplin, MO 64804
      View Details
    • $2,000 /Mo
      5,000 SF

      Joplin Warehouse Space For Lease

      5000 sqft heated/cooled warehouse with seven 16ft overhead doors.
      4288 W 32Nd St, 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.
    2318-2328 Main 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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!