Property profile

1201 7th St Joplin, MO 64801

OFF-MARKET
Outlet malls
Property ID
US48-1372064
8,400 SF 0.47 ac lot Built 1986
Trust Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

This 1,647 square foot vacant retail space is located at 1201 W 7th St, Joplin, Missouri, 64801. Previously used as a modeling school, the property offers a versatile layout suitable for a variety of retail uses, particularly a hair or nail salon or a pharmacy. The asking price is $119,000, translating to $72.25 per square foot. The building is situated in Jasper County and is conveniently located on West 7th Street. The property features stubbed plumbing already in place for wash basins, making it particularly attractive for businesses requiring such facilities. The building consists of a single structure and is currently vacant, presenting a unique opportunity for immediate occupancy. This prime location in Joplin offers excellent visibility and accessibility, making it an ideal investment for entrepreneurs seeking a thriving retail space. The property is ready for immediate renovation and occupancy, allowing for a quick start to business operations. Serious inquiries are encouraged.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1986
Total area 8,400 SF
Lot 0.47 ac (20,473 SF)
APN 19-1.0-2-40-34-1.001
UPID US48-1372064

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
  • Discount Store
  • Photography Service (Bike/Boat/Book/etc) Store
  • Discount Store

Location

1201 7th St Joplin, MO 64801-2041
Joplin metro Census 10100 JOPLIN, MO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2021
1 recorded transaction
2021
Price N/A

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
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