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    Property profile & analytics

    3323 32Nd St Joplin, MO 64804

    • Strip malls
    • 7,688 SF
    • 2.63 lot acres
    For Sale
    View listing
    $2,000,000
    Value Estimation
    Last Sale
    Mar 15, 2021
    $1,000,000
    Location Intelligence
    Property ID
    US48-0379210
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Bowman Enterprises, Inc. / Industrial Consultant
    • Natures Systems LLC / Vacuum Cleaner Store
    • Stan Bowman Construction LLC / General Contractor / Art Supply Store

    Property Details for 3323 32Nd St

    Year built
    2001
    Lot size
    2.63 lot acres
    Property size
    7,688 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    20-4.0-18-0-0-47.0
    APU
    20401800470

    Description

    This exceptional value-add opportunity presents a 7,500 square foot multi-tenant shopping center in Joplin, Missouri. Located at 3323 E 32nd St, this Class B property sits on a 2.64-acre lot (APN 20401800000047000) and is zoned for commercial use. Currently, the center has five units with a 40% occupancy rate, presenting a significant redevelopment opportunity for an investor. The property boasts high visibility, situated adjacent to a new 90,000 square foot Menard's store opening in 2023, and benefits from excellent traffic counts, with 32,000 vehicles per day on Rangeline and 16,000 vehicles per day on 32nd Street. Individual unit sizes range from 1,500 to 4,500 square feet, offering flexibility for various retail uses. The asking price is $2,000,000, translating to $266.67 per square foot. This property is ideal for an owner-occupied user seeking to establish a presence in a high-traffic area or an investor looking to capitalize on the redevelopment potential and strong location. The property's strategic location and proximity to a major retailer make it a compelling investment prospect.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,125,000

    • CAP approach

      CAP return
      Estimation
      6%
      $890,000
      6.5%
      $950,000
      7%
      $950,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $940,000
      Geo Method
      $1,145,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,070,000
      Retail
      $855,000
      Mixed-Use
      $980,000
      Hospitality
      $1,085,000
      Educational
      $1,110,000
      Residential Income
      $930,000
      Energy
      $955,000
      Income-Based Land
      $1,070,000
      Food Service
      $990,000

    Location Insight

    • Map
    • Local Demand
    City
    Joplin
    County
    Jasper
    State
    Missouri
    Longitude
    -94.4723
    Latitude
    37.0556
    CBSA code
    27900
    CBSA name
    JOPLIN, MO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,337
    $24,700
    $82,630
    $107,330
    -
    $77,180
    $258,220
    $335,400

    Comparable in this City

    • Value Estimation
      $350,000
      4,152 SF

      2229 Main St

      SHOPPING CENTER, STRIP CENTER • 4,152 SF
      2229 Main St, Joplin, MO 64804
      View Details
    • Value Estimation
      $690,000
      23,146 SF

      1809 Highview Ave

      SHOPPING CENTER, STRIP CENTER • 23,146 SF
      1809 Highview Ave, Joplin, MO 64804
      View Details
    • Value Estimation
      $845,000
      25,860 SF

      Joplin, MO 64804

      SHOPPING CENTER, STRIP CENTER • 25,860 SF
      Joplin, MO 64804
      View Details
    • Value Estimation
      $385,000
      5,355 SF

      2316 Maiden Ln

      SHOPPING CENTER, STRIP CENTER • 5,355 SF
      2316 Maiden Ln, Joplin, MO 64804-0369
      View Details
    • Value Estimation
      $185,000
      3,150 SF

      1501 Virginia Ave, Unit 1505

      SHOPPING CENTER, STRIP CENTER • 3,150 SF
      1501 Virginia Ave, Joplin, MO 64804
      View Details
    • Value Estimation
      $475,000
      7,900 SF

      1531 32nd St

      SHOPPING CENTER, STRIP CENTER • 7,900 SF
      1531 32nd St, Joplin, MO 64804-2911
      View Details

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    Similar Nearby for Lease

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      Class A office space with modern finishes and efficient layout.
      2021 S Schifferdecker Ave, Joplin, MO 64804
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    • $1,500 /Mo
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      Commercial Space in Joplin, Missouri

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    • $3,900 /Mo
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      Joplin Commercial Space For Rent

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    • $1,441 /Mo
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      Joplin Office Space For Rent

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    • $5 SF/Yr
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      Joplin Industrial Park Office Space

      Office space in Joplin Industrial Park featuring private offices.
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      View Details
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    3323 32Nd St
    Joplin, MO 64804
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    Realmo Value Estimation

    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.

    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.

    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
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