3323 E 32Nd St, Joplin, MO 64804
- Strip malls
- 7,688 SF
- 2.63 lot acres
Current Use by Public Records
- Bowman Enterprises, Inc. / Industrial Consultant
- Natures Systems LLC / Home Appliance Store / (Bike/Boat/Book/etc) Store
- Stan Bowman Construction LLC / Construction Company / General Contractor
Property Details for 3323 E 32Nd St
- Year built
- 2001
- Lot size
- 2.63 lot acres
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 20-4.0-18-0-0-47.0
- APU
- 20401800470
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 15, 2021 | — | Woodsonia Joplin LLC | Paint Stallion INC | Warranty Deed | — |
Description
This exceptional value-add opportunity presents a 7,500 square foot multi-tenant shopping center in Joplin, Missouri. Located at 3323 E 32nd St, this Class B property sits on a 2.64-acre lot (APN 20401800000047000) and is zoned for commercial use. Currently, the center has five units with a 40% occupancy rate, presenting a significant redevelopment opportunity for an investor. The property boasts high visibility, situated adjacent to a new 90,000 square foot Menard's store opening in 2023, and benefits from excellent traffic counts, with 32,000 vehicles per day on Rangeline and 16,000 vehicles per day on 32nd Street. Individual unit sizes range from 1,500 to 4,500 square feet, offering flexibility for various retail uses. The asking price is $2,000,000, translating to $266.67 per square foot. This property is ideal for an owner-occupied user seeking to establish a presence in a high-traffic area or an investor looking to capitalize on the redevelopment potential and strong location. The property's strategic location and proximity to a major retailer make it a compelling investment prospect.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,125,000
- ML approach
- $1,090,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,295,000
- 6.5%
- $1,195,000
- 7%
- $1,110,000
-
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $680,000
- COMMERCIAL (GENERAL)
- $670,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Joplin
- County
- Jasper
- State
- Missouri
- Longitude
- -94.4723
- Latitude
- 37.0556
- CBSA code
- 27900
- CBSA name
- JOPLIN, MO METROPOLITAN STATISTICAL AREA
