2914 32Nd St Joplin, MO 64804
- Retail space
- 22,153 SF
- 5.45 lot acres
Current Use by Public Records
- Western-Shamrock Finance / Financial Planner / Consultant
- Subway / Caterer / Fast Food Restaurant
- Psychic Readings / Psychic
- Nail Tek / Nail Salon
- SpringHill Suites Joplin / Hotel / Extended Stay Hotel
Property Details for 2914 32Nd St
- Year built
- 1985
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 5.45 lot acres
- Property size
- 22,153 SF
- Property type
- Retail space
- APN
- 05-6.0-24-001-001-002.000
- APU
- 56024001001002000
Description
This exceptional investment opportunity presents a 34,630 square foot shopping center situated on a highly visible 5.45-acre lot at the intersection of 32nd Street and Rangeline Road in Joplin, Missouri. The property boasts three existing buildings totaling 34,630 square feet of retail space, currently at 51% occupancy, with a gross lease structure and 31 individual units. Building A comprises 21,430 square feet, Building B encompasses 8,000 square feet, and Building C offers 5,200 square feet. Additionally, a vacant one-acre lot provides significant potential for future development or expansion. Built in 1985, this single-story property offers excellent access and frontage on both 32nd Street and Rangeline Road, a high-traffic area. The asking price is $4,950,000, translating to $142.94 per square foot. The seller is open to subdividing parcels, offering flexibility for various development scenarios. This multi-tenant retail center presents a compelling opportunity for investors and developers seeking a prime location in a busy Joplin commercial corridor. The property is zoned for retail use and offers significant upside potential. This is a rare opportunity to acquire a well-located, established shopping center with the added benefit of developable land.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Joplin
- County
- Newton
- State
- Missouri
- Longitude
- -94.4798
- Latitude
- 37.054
- CBSA code
- 27900
- CBSA name
- JOPLIN, MO METROPOLITAN STATISTICAL AREA