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Property profile & analytics
OFF-MARKET
Distribution centers

1301 Virginia Ave 3 Joplin, MO 64801-4641

17,546 SF 0.41 ac lot Built 1900
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US48-1309699
Property summary
AI-generated overview

This exceptional 17,546-square-foot warehouse presents a compelling investment opportunity in the heart of Joplin, Missouri. Located at 1301 S Virginia Ave, this vacant industrial property boasts a prime downtown location and offers significant potential for various uses. The asking price is $475,000, translating to a price per square foot of $27.07. The building features a recently updated roof (2018) and energy-efficient LED lighting throughout both the interior and exterior. Furthermore, the property has been certified as asbestos-free, providing peace of mind for future owners. Beyond the main warehouse structure, a substantial surplus land parcel of 0.7 acres is included, extending across Virginia Avenue and southward. This additional land offers considerable flexibility for expansion or future development. The property sits on a total lot size of 1.1 acres in Jasper County, Missouri, zip code 64801. This warehouse is ready for immediate occupancy and presents a rare chance to acquire a well-maintained industrial space in a desirable location. The combination of its size, location, recent improvements, and extra land makes this a truly unique opportunity.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1900
Total area 17,546 SF
Lot 0.41 ac (17,990 SF)
APN 19-1.0-11-20-45-2.0
UPID US48-1309699
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
  • Coca-Cola Vending Big Box & Wholesale Store
  • Allied Oil & Supply, Inc. Oil Wholesaler Distribution Service
  • Allied Oil And Supply Corporate Office
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
North Star Ventures LLC · 3 yrs held
North Star Ventures LLC
since 2023
7 recorded transactions
2025
Price N/A
2023
Price N/A
2018
Price N/A
2016
$369,171
2014
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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