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    OFF-MARKET
    Retail properties & Spaces

    810 Maiden Ln, Joplin, MO 64801

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    AI-generated overview

    This exceptional commercial development opportunity presents two prime 1-acre sites in Southwest Joplin's revitalized area, ideally situated near the high-traffic intersection of 7th Street and Maiden Lane. Boasting high visibility and excellent access, these parcels are zoned C-3 and offer significant potential for quick-service restaurants or similar uses. The property benefits from existing infrastructure, including readily available utilities (water, gas, electricity, sewer, cable, and telephone) and a large, cleared, and level 116,600 sq ft parking lot (approximately 300 spaces). Previously occupied by a Walmart, the site is ready for immediate development. Access is provided via Maiden Lane and 7th Street (US Bus. Rte. 66), with additional access points available for a contiguous 9.82-acre parcel also available for sale. A 2023 ALTA survey is available. The property is outside the 100-year floodplain and is free of encumbrances, except for those shown on the survey. The City of Joplin's 2012 Comprehensive Plan designates this area as a "Future Infill Development Corridor," supporting a range of commercial uses, including medical and office-institutional, under the MUC classification. Adjacent businesses include a day spa, health facility, and restaurant. The asking price is $250,000 per acre.

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    Verified
    Property type Retail properties & Spaces
    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
    Value estimations
    Realmo proprietary · 4 methods
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