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Property profile & analytics

1220 E 15Th St Joplin, MO 64804

  • Turn key restaurants
  • 2,960 SF
  • 0.32 lot acres
Value Estimation
Last Sale
Apr 26, 2021
Location Intelligence
Property ID
US48-0406933
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

  • Big R's BBQ / Restaurant / Caterer

Property Details for 1220 E 15Th St

Year built
1950
Lot size
0.32 lot acres
Property size
2,960 SF
Property type
Turn key restaurants
APN
19-1.0-11-40-17-1.001
APU
19101140171001

Description

This exceptional opportunity presents the chance to acquire a thriving, well-established barbecue restaurant in the heart of Joplin, Missouri. The 2,960 square foot restaurant is renowned for its authentic hickory-smoked meats, famous homemade pies, and commitment to using fresh, scratch-made ingredients, including daily baked rolls. This turnkey operation includes all real estate, furniture, fixtures, and equipment (FF&E), along with valuable proprietary recipes. The sale also encompasses a mobile smoker unit and a catering van, providing significant additional revenue streams. Extensive training is available for the new owner, ensuring a smooth transition. The business already benefits from a robust catering schedule with numerous events booked well into the future. An attractive, changeable LED sign enhances visibility and attracts customers. While the property itself sits on zero acres, additional parking is conveniently located on leased land across the street. The restaurant also features a fully operational bar serving beer, wine, and liquor. This is a rare chance to own a profitable, iconic Joplin establishment with a proven track record and significant growth potential. The asking price is $650,000. Further financial details are available upon request.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $275,000
  • CAP approach

    CAP return
    Estimation
    6%
    $395,000
    6.5%
    $375,000
    7%
    $350,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $390,000
    Geo Method
    $320,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $385,000
    Retail
    $340,000
    Mixed-Use
    $395,000
    Hospitality
    $320,000
    Educational
    $420,000
    Residential Income
    $405,000
    Energy
    $380,000
    Income-Based Land
    $380,000
    Food Service
    $435,000

Location Insight

  • Map
  • Local Demand
City
Joplin
County
Jasper
State
Missouri
Longitude
-94.501
Latitude
37.0744
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
$1,803
$6,620
$29,500
$36,120
-
$20,690
$92,190
$112,880
More about this property
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