Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    309 W 20Th St Joplin, MO 64804
    Back to Search
    Property profile & analytics

    309 W 20Th St, Joplin, MO 64804

    View on Map
    • Retail space
    • 1,316 SF
    • 0.24 lot acres
    For Sale
    $139,999
    View Listing →
    Joplin Retail Space For Sale For Sale
    $139,999
    1,310 SF

    Joplin Retail Space For Sale

    Highly visible 1,310 sq ft retail space in Joplin.

    309 W 20th St, Joplin, MO 64804
    View Listing
    Property ID
    US48-1109559
    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

    • Good Vibrations / (Bike/Boat/Book/etc) Store / Specialty Food Shop

    Property Details for 309 W 20Th St

    Year built
    1920
    Lot size
    0.24 lot acres
    Property type
    Retail space
    APN
    19-2.0-10-40-58-5.0
    APU
    192010405850

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 14, 2022 — Gibran Galindoortega Business Investments LLC Warranty Deed $64k · Arvest Bank
    Jul 2, 2010 — Ri Commercial LLC Ruestman,marilyn M Warranty Deed —

    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
    -94.5172
    Latitude
    37.0699
    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
    $874
    $6,910
    $12,570
    $19,480
    -
    $21,600
    $39,270
    $60,870

    Comparable in this City

    • Value Estimation by Request
      392 SF

      2002 Annie Baxter Ave

      RETAIL STORES (PERSONAL SERVICES)
      2002 Annie Baxter Ave, Joplin, MO 64804-0323
      View Details
    • Value Estimation by Request
      2,400 SF

      2032 Main St

      RETAIL STORES (PERSONAL SERVICES)
      2032 Main St, Joplin, MO 64804
      View Details
    • Value Estimation by Request
      1,280 SF

      1304 20th St

      RETAIL STORES (PERSONAL SERVICES)
      1304 20th St, Joplin, MO 64804-1703
      View Details
    • Value Estimation by Request
      4,134 SF

      2014 Main St

      RETAIL STORES (PERSONAL SERVICES)
      2014 Main St, Joplin, MO 64804-2044
      View Details
    • Value Estimation by Request
      8,448 SF

      7185 Gtwy Dr

      RETAIL STORES (PERSONAL SERVICES)
      7185 Gtwy Dr, Joplin, MO 64804-8277
      View Details
    • Value Estimation by Request
      4,320 SF

      215 20th St

      RETAIL STORES (PERSONAL SERVICES)
      215 20th St, Joplin, MO 64804-2009
      View Details

    Similar Nearby for Sale

    • $449,000
      0.51 Acres

      Corner Retail Development Site

      Corner commercial land with alley access and 200 feet of Main Street frontage for retail, service, or restaurant use.
      2318-2328 S Main St, Joplin, MO 64804
      View Details
    • $175,000
      3,090 SF

      Joplin Commercial Property on 20th

      Highly visible commercial property with flexible layout and strong traffic.
      2001 S Empire Ave, Joplin, MO 64804
      View Details
    • $2,600,000
      30,200 SF

      Joplin Retail & Warehouse Opportunity

      High-Visibility Commercial Property, Missouri
      2920 Range Line Rd, Joplin, MO 64804
      View Details
    • $950,000
      Pending

      Leased-Unit Commercial Building

      Available 6,300 sq ft unit offers flexible medical, retail, or office use near KCU Med and minutes to Freeman Hospital.
      2702 Cunningham Ave, Joplin, MO 64804
      View Details
    • $449,000
      0.51 Acres

      Corner Lot Development Land

      Corner development site with substantial Main Street frontage and depth, suited for retail, service, or restaurant concepts.
      2318-2328 S Main St, Joplin, MO 64804
      View Details
    • $950,000
      6,300 SF

      Versatile Commercial Space Near Hospital

      Flexible commercial space suitable for medical, retail, or office use.
      2702 Cunningham Ave, Joplin, MO 64804
      View Details

    Similar Nearby for Lease

    • $1,800 /Mo
      3,090 SF

      Joplin Commercial Property For Rent

      Highly visible commercial property with flexible layout in Joplin, Missouri.
      2001 S Empire Ave, Joplin, MO 64804
      View Details
    • $1,500 /Mo
      46,174 SF

      Commercial Space in Joplin, MO

      Recently built-out commercial space suitable for office, retail, or service.
      3025 S Main St, Joplin, MO 64804
      View Details
    • $14 SF/Yr
      76,666 SF

      Restaurant Space in Active Area

      Restaurant space in a high-traffic commercial area, adaptable for retail/office.
      2705 S Range Line Rd, Joplin, MO 64804
      View Details
    • $2,000 /Mo
      2,960 SF

      Freestanding Commercial Building in Joplin

      Flexible commercial building in active Joplin corridor with redevelopment potential.
      1220 E 15Th St, Joplin, MO 64804
      View Details
    • $1,441 /Mo
      1,441 SF

      Ground-Level Corner Office Space

      Ground-level, ADA-accessible corner office with private reception and two entrances, tenant pays only electric.
      1531 W 32Nd St, Joplin, MO 64804
      View Details
    • $2,275 /Mo
      2,100 SF

      Class A Office Suite

      Move-in-ready office suite with reception, waiting area, private entrance, and multiple private offices in a C-3 corridor.
      3115 Arizona Ave, Joplin, MO 64804
      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.
    309 W 20Th St
    Joplin, MO 64804
    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
    309 W 20Th St, Joplin, MO, 64804
    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!