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    1419 W 4Th St Joplin, MO 64801
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    Property profile & analytics

    1419 W 4Th St, Joplin, MO 64801

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    • Bowling alleys
    • 48,415 SF
    • 3.08 lot acres
    For Sale
    $2,400,000
    View Listing →
    Hospitality Property for Sale For Sale
    $2,400,000
    48,415 SF

    Hospitality Property for Sale

    Hospitality property available for purchase.

    1419 W 4th St, Joplin, MO 64801
    View Listing
    Property ID
    US48-1417556
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • 4th Street Bowl / Bowling Alley
    • Representative Ronald Richard / State Government Office
    • ATM / Atm

    Property Details for 1419 W 4Th St

    Year built
    1948
    Lot size
    3.08 lot acres
    Property type
    Bowling alleys
    APN
    19-2.0-3-30-6-1.0
    APU
    1920330610

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 26, 2020 — Richard,david J Trust Richard Carl Trust Quit Claim Deed · related —
    Jun 12, 2017 — Carl Richard Bowl INC — Deed · related $150k · Southwest Missouri Bank
    Dec 31, 2013 — Richard,david J Trust Richard,carl F Quit Claim Deed · related —

    Description

    This exceptional investment opportunity presents a fully operational, 40-lane bowling alley located at 1419 W 4th St, Joplin, Missouri, 64801. Boasting a substantial 48,415 square feet on a 3.08-acre lot, this single-story, 1950-built facility operates at 100% occupancy. The asking price is $3,500,000, translating to $72.29 per square foot. The property features a full-service grill and bar, complementing the core bowling operation. The building has a 10-foot ceiling height and is zoned M2. Financial details are available upon execution of a Confidentiality Agreement. This well-established business presents a strong return on investment in a prime location within Jasper County. The property's size and existing infrastructure provide significant potential for expansion or further development within the existing permitted zoning. Serious inquiries only. Contact us to learn more about this lucrative opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Joplin
    County
    Jasper
    State
    Missouri
    Longitude
    -94.5299
    Latitude
    37.0886
    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
    $13,095
    $39,170
    $224,180
    $263,350
    -
    $122,400
    $700,550
    $822,950

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    Similar Nearby for Sale

    • $2,400,000
      48,415 SF

      Bowling and Bar Entertainment Facility

      Well-established bowling center with 40 lanes, full bar service, and grill plus game and snack areas.
      1419 W 4Th St, Joplin, MO 64801
      View Details
    • New
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      Multi-Use Commercial Building

      Nearly 15,000-sf downtown building with multiple interior configurations, including finished office space and large open area.
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    • $3,500,000
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      Joplin Bowling Alley Investment

      Established Bowling Alley, High Occupancy.
      1419 4Th St, Joplin, MO 64801
      View Details
    • New
      $1,699,000
      14,700 SF

      Mixed-Use Commercial Building with Parking

      Versatile downtown building with multiple configurations, nine bathrooms, and about 41 sealed parking spaces for customer access.
      204 E 7Th St, Joplin, MO 64801
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      Joplin Commercial Land Investment

      Prime Joplin location, reduced price!
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      Established Joplin Auto Repair Shop

      Turnkey Business, 2,064 sq ft, 0.27 acres
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    Similar Nearby for Lease

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      Retail Space Available For Rent

      Retail space available, approximately 2,000 square feet.
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      Retail Unit Available For Rent

      Retail unit with bathroom available in a three-unit building.
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    • $1,700 /Mo
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      Downtown Joplin Office Space Available

      Spacious office with ample parking in downtown Joplin.
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      Retail or Office Space with Signage

      Ground-floor space with a large multi-purpose area, private office, and exterior signage availability.
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      View Details
    View Listing
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    Joplin, MO 64801
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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