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Property profile & analytics
FOR SALE
Auto shops

1014 W 7Th St Joplin, MO 64801

2,200 SF 0.14 ac lot Built 1930
Individually Owned 20-yr Hold Absentee Owner Free & Clear
Property ID
US48-1327998
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • WHONEX LLC Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Ray D Wolfe · 20 yrs held
Ray D Wolfe
since 2005
1 recorded transaction
2005
$20,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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