Technical
Financial
Distress signals
Property profile

1014 W 7Th St Joplin, MO 64801

FOR SALE
Auto shops
Property ID
US48-1327998
2,200 SF 0.14 ac lot Built 1930
Individually Owned 20-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional commercial property, located at 1014 W 7th Street in Joplin, Missouri, presents a unique investment opportunity. The building, constructed in 1930, boasts a substantial 2,200 square feet of retail space, ideal for a variety of businesses. Situated on a generous 0.91-acre lot, the property offers significant potential for expansion or redevelopment. Its strategic corner location at the intersection of 7th and Chestnut Streets provides excellent visibility and accessibility. The property includes four surrounding parcels, adding to its overall value and development potential. While there is a house located on one of the adjacent lots, it is considered to have no significant value. The asking price is $325,000, translating to a price per square foot of $147.73. This represents a compelling opportunity to acquire a well-positioned commercial property in a growing Missouri market. The property's size and location make it suitable for a range of commercial ventures, offering a strong return on investment for the discerning buyer. The zip code is 64801, and the property is located in Jasper County.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1930
Total area 2,200 SF
Lot 0.14 ac (6,229 SF)
APN 19-2.0-10-20-3-1.0
UPID US48-1327998

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Wash

Location

1014 W 7Th St Joplin, MO 64801
Joplin metro Census 11000 JOPLIN, MO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2005
1 recorded transaction
2005
$20,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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