Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2815 7Th St Joplin, MO 64801
    Back to Search
    Property profile & analytics

    2815 7Th St Joplin, MO 64801

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

    Current Use by Public Records

    • Land

    Property Details for 2815 7Th St

    Lot size
    1.65 lot acres
    Property type
    Land

    Description

    This exceptional 1.65-acre commercial land parcel presents a remarkable investment opportunity in Joplin, Missouri. Located at 2815 W 7th St, this property boasts a prime location at a stoplighted intersection, ensuring high visibility and accessibility for any commercial venture. The C3 zoning permits a wide range of commercial uses, making it suitable for various development projects. Its strategic position near a Walmart Supercenter and directly across from a Casey's general store guarantees significant foot traffic and convenient access for potential customers. The property's size offers ample space for construction, allowing for flexibility in design and scale. The asking price is $950,000. Situated in Jasper County, Missouri, with a zip code of 64801, this land parcel offers unparalleled potential for growth and return on investment. The coordinates are 37.08469819392703 latitude and -94.54811824542028 longitude. Don't miss this chance to acquire a highly desirable commercial property in a thriving location.

    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
    -94.5481
    Latitude
    37.0847

    Comparable in this City

    • Value Estimation by Request

      25384 Demott Dr

      Land
      25384 Demott Dr, Joplin, MO 64801
      View Details
    • Value Estimation by Request
      1.31 Acres

      Xx Hwy 171 & Fir Rd

      Land • 1.31 Acres
      0 Xx Hwy 171 & Fir Rd, Joplin, MO 64801
      View Details
    • Value Estimation by Request
      0.68 Acres

      1229 Range Line Rd

      Land • 0.68 Acres
      1229 Range Line Rd, Joplin, MO 64801
      View Details
    • Value Estimation by Request
      4.24 Acres

      Turkey Crk Rd

      Land • 4.24 Acres
      0 Turkey Crk Rd, Joplin, MO 64801
      View Details
    • Value Estimation by Request
      0.27 Acres

      1321 Broadway St

      Land • 0.27 Acres
      1321 Broadway St, Joplin, MO 64801
      View Details
    • Value Estimation by Request
      1.81 Acres

      3125 17Th St

      Land • 1.81 Acres
      3125 17Th St, Joplin, MO 64801
      View Details

    Similar Nearby for Sale

    • New
      $120,000
      7.00 Acres

      Unrestricted Land Near Joplin Highways

      7 acres of unrestricted land near Joplin, Webb City, Carthage.
      County Road 200, Joplin, MO 64801
      View Details
    • New
      $237,500
      19.00 Acres

      Joplin Land Opportunity

      19 acre land parcel in Joplin, Missouri.
      25XXX Central Ave, Joplin, MO 64801
      View Details
    • $70,000
      9.00 Acres

      Joplin Land Parcel For Sale

      9+ acre land parcel in the heart of Joplin, Missouri.
      Perkins St, Joplin, MO 64801
      View Details
    • $74,900
      0.89 Acres

      Commercial Lot Near Downtown Joplin

      Commercial lot with visibility and room to build.
      E Broadway St, Joplin, MO 64801
      View Details
    • New
      Contact for pricing
      Pending

      Buildable Lot in Central Joplin

      Level 0.14-acre lot suitable for residential construction.
      808 S Monroe Ave, Joplin, MO 64801
      View Details

    Similar Nearby for Lease

    • $5,625 /Mo
      6,750 SF

      Full-Floor Office Space Available

      Team-based office environment with open workspace and private meeting areas.
      402 S Main St, Joplin, MO 64801
      View Details
    • $1,500 /Mo
      1,100 SF

      Joplin Office/Retail Space For Rent

      1,100 sqft office/retail space in high-traffic Joplin area.
      1818 E 4Th St, Joplin, MO 64801
      View Details
    • $1,500 /Mo
      1,360 SF

      Retail Space in Village Plaza

      Retail space available for lease in Joplin, Missouri.
      3702 E 7Th St, Joplin, MO 64801
      View Details
    • $750 /Mo
      900 SF

      Downtown Office Space For Lease

      900 sq ft office space in downtown Joplin, Missouri.
      212 W 5Th St, Joplin, MO 64801
      View Details
    • $500 /Mo
      600 SF

      Downtown Joplin Commercial Space Available

      600 sq ft office space in prime downtown location.
      212 W 5Th St, Joplin, MO 64801
      View Details
    • $6 SF/Yr
      51,125 SF

      Adaptable Facility in Joplin, MO

      Versatile 51,125 SF facility suitable for various commercial uses.
      500 S Grand Ave, Joplin, MO 64801
      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.
    2815 7Th St
    Joplin, MO 64801
    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
    2815 7Th St, Joplin, MO, 64801
    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!