Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2337 Fairlawn Dr, Unit B Carthage, MO 64836
    Property profile & analytics

    2337 Fairlawn Dr, Unit B, Carthage, MO 64836

    View on Map
    • Retail space
    • 3,402 SF
    • 0.46 lot acres
    For Sale
    View Listing →
    Office Space with Employee Area For Sale
    Contact for pricing

    Office Space with Employee Area

    Office space featuring multiple offices and employee area.

    2337 Fairlawn Drive Unit B, Carthage, MO 64836
    View Listing
    Property ID
    US48-1146085
    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

    • Retail space

    Property Details for 2337 Fairlawn Dr

    Year built
    1950
    Lot size
    0.46 lot acres
    Property type
    Retail space
    APN
    14-5.0-16-10-15-15.0
    APU
    1450161015150

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 17, 2025 — 2337 Fairlawn Drive LLC — Deed · related $690k · Umb Bank NA
    Mar 5, 2025 — 2337 Fairlawn Drive LLC — Deed · related $500k · Umb Bank NA
    Feb 8, 2012 — Cornerstone Holdings LLC — Trustees Deed · related $63k · Arvest Bank
    Aug 30, 2011 — Cornerstone Holdings LLC Wells,ronnie E & Regina S Warranty Deed · related —
    Dec 6, 2010 — Ronnie E Wells Wells,ronnie E & Regina S Quit Claim Deed · related $25k · Vernon R & Lois Wells
    — — Cornerstone Holdings LLC — Deed Of Trust · related $944k · Arvest Bank
    — — Ronnie E Wells — Deed Of Trust · related $90k · Southwest Mo Bank
    — — Cornerstone Holdings LLC — Deed Of Trust · related $263k · Arvest Bank

    Description

    This exceptional commercial property, located at 2337 Fairlawn Drive Unit B in Carthage, Missouri, presents a fantastic opportunity for a growing business. Situated on a 0.02-acre lot, this general commercial space offers a highly functional layout perfect for a variety of uses. The property features several individual offices, providing ample private workspaces for staff or clients. A large, open employee area in the rear of the building offers flexibility for collaborative work and includes a convenient kitchen area. A well-appointed front lobby creates a welcoming and professional first impression. The property is priced competitively at $1450, making it an attractive investment for businesses seeking a cost-effective and well-designed office space. The property's size and layout are ideal for small to medium-sized businesses seeking a functional and comfortable workspace in a desirable Carthage location. This is a rare opportunity to secure a well-maintained and conveniently located office space at an exceptional price point. Don't miss out

    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
    Carthage
    County
    Jasper
    State
    Missouri
    Longitude
    -94.3126
    Latitude
    37.1488
    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
    $2,198
    $17,600
    $44,950
    $62,550
    -
    $55,000
    $140,480
    $195,480

    Comparable in this City

    • Value Estimation by Request
      6,763 SF

      205 4th St

      RETAIL STORES (PERSONAL SERVICES)
      205 4th St, Carthage, MO 64836-1745
      View Details
    • Value Estimation by Request
      9,500 SF

      110 4th St

      RETAIL STORES (PERSONAL SERVICES)
      110 4th St, Carthage, MO 64836-1627
      View Details
    • Value Estimation by Request
      1,500 SF

      410 Centennial Ave

      RETAIL STORES (PERSONAL SERVICES)
      410 Centennial Ave, Carthage, MO 64836-2731
      View Details
    • Value Estimation by Request
      3,660 SF

      317 Centennial Ave

      RETAIL STORES (PERSONAL SERVICES)
      317 Centennial Ave, Carthage, MO 64836-2705
      View Details
    • Value Estimation by Request
      4,000 SF

      800 Central Ave

      RETAIL STORES (PERSONAL SERVICES)
      800 Central Ave, Carthage, MO 64836-1023
      View Details
    • Value Estimation by Request
      252 SF

      10725 County Loop, Unit 122

      RETAIL STORES (PERSONAL SERVICES)
      10725 County Loop, Carthage, MO 64836
      View Details

    Similar Nearby for Sale

    • $240,000
      2,000 SF

      High-Traffic Commercial Property in Carthage

      Commercial property on high-traffic S. Garrison Ave in Carthage, MO.
      1203 S Garrison Ave, Carthage, MO 64836
      View Details
    • $425,000
      6,475 SF

      Commercial Building with Cold Storage

      Freestanding building with multiple offices, kitchen amenities, and walk-in freezer and cooler plus approximately 30 parking spaces.
      600 E 6Th St, Carthage, MO 64836
      View Details
    • $849,000
      2,907 SF

      Versatile Commercial Space Near I-49

      2,907 SF commercial space suitable for retail, office, or restaurant.
      500 Peachtree Dr, Carthage, MO 64836
      View Details
    • $849,000
      2,970 SF

      Open-Span Commercial Building

      A modern open-span space with polished concrete floors, exposed ductwork, and room to expand on a larger lot.
      500 Peachtree Dr, Carthage, MO 64836
      View Details
    • $397,019
      3,237 SF

      Corner Lot Healthcare Facility

      Spacious corner-lot healthcare building with highway visibility, large paved parking, and an RV hookup for added versatility.
      12897 State Highway 96, Carthage, MO 64836
      View Details
    • $350,000
      2.25 Acres

      Industrial Land with Warehouse Building

      Industrial development site with a Morton warehouse building, positioned on an interstate-access entrance ramp.
      1373 W Fairview Ave, Carthage, MO 64836
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,291 SF

      Retail Space Shadow-Anchored by Walmart

      Retail space in Carthage's main retail area, recently painted.
      100-120 W George E Phelps Blvd, Carthage, MO 64836
      View Details
    • $10 SF/Yr
      317,117 SF

      Retail Space in Walmart Plaza

      Inline retail space in high-traffic area near Walmart Supercenter.
      122 W George E Phelps Blvd, Carthage, MO 64836
      View Details
    • $5 SF/Yr
      30,000 SF

      Food Grade Warehouse with ESFR

      Food-grade warehouse space with certified operations, ESFR fire suppression, and 24-foot clear storage height.
      3191 County Lane 187, Carthage, MO 64836
      View Details
    • $5 SF/Yr
      120,000 SF

      Food-Grade Warehouse with ESFR

      Food-grade facility with FDA, GMP, and SQF certifications, plus ESFR fire suppression and 24' eaves for vertical storage.
      3191 County Lane 187, Carthage, MO 64836
      View Details
    • $5 SF/Yr
      50,000 SF

      Food-Grade Warehouse with ESFR

      Food-grade warehouse with FDA, GMP, and SQF certifications plus ESFR fire suppression and 24-foot eaves.
      3191 County Lane 187, Carthage, MO 64836
      View Details
    • Contact for pricing

      Commercial Land Near Walmart

      Commercial land for rent shadow-anchored by Walmart Supercenter.
      132 W George E Phelps Blvd, Carthage, MO 64836
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2337 Fairlawn Dr, Unit B
    Carthage, MO 64836
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2337 Fairlawn Dr, Carthage, MO, 64836
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!