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    Property profile & analytics

    501 Main St Joplin, MO 64801

    • Retail space
    • 46,080 SF
    • 0.18 lot acres
    For Lease
    View listing
    $84 SF/Yr
    Value Estimation
    $660,000
    Last Sale
    Jul 22, 2022
    Location Intelligence
    Property ID
    US48-1352758
    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.

    Current Use by Public Records

    • Christman Lofts / Apartment Complex

    Property Details for 501 Main St

    Year built
    1917
    Lot size
    0.18 lot acres
    Property size
    46,080 SF
    Property type
    Retail space
    APN
    19-2.0-3-40-54-1.0
    APU
    19203405410

    Description

    This exceptional 7,000-square-foot commercial space is situated on a highly visible corner lot at 5th and Main Streets in Joplin's revitalized downtown area. Located within the historic Christman Building, this single-tenant property boasts expansive storefront windows facing Main Street, providing unparalleled visibility for retail, office, or showroom uses. The space offers customizable layouts to perfectly suit your business needs, and includes an additional mezzanine level ideal for office space, storage, or expansion. Benefit from the high foot traffic generated by the thriving downtown area, including nearby residential communities with a growing population of residents in lofts, apartments, and townhomes. This prime location offers easy access to shops, restaurants, and city landmarks, ensuring consistent customer flow. The property features high ceilings and large windows, blending historic charm with modern functionality. The C-2 zoned property sits on 0.19 acres and is perfect for businesses seeking a vibrant, walkable community setting within a dynamic business hub. This is a rare opportunity to establish your business in a location that combines historic character with modern convenience and high visibility.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $610,000

    • CAP approach

      CAP return
      Estimation
      6%
      $815,000
      6.5%
      $820,000
      7%
      $820,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $775,000
      Geo Method
      $900,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,025,000
      Retail
      $905,000
      Mixed-Use
      $770,000
      Hospitality
      $815,000
      Educational
      $895,000
      Residential Income
      $1,015,000
      Energy
      $985,000
      Income-Based Land
      $875,000
      Food Service
      $1,045,000

    Location Insight

    • Map
    • Local Demand
    City
    Joplin
    County
    Jasper
    State
    Missouri
    Longitude
    -94.513
    Latitude
    37.0865
    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
    $7,238
    $10,180
    $151,150
    $161,330
    -
    $31,800
    $680,280
    $712,080

    Comparable in this City

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    • Value Estimation by Request
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      1216 Illinois Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,196 SF
      1216 Illinois Ave, Joplin, MO 64801-5027
      View Details

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    501 Main St
    Joplin, MO 64801
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    Realmo Value Estimation

    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.

    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.

    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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