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Property profile & analytics
OFF-MARKET
Estimated value
$4,525,000
Outlet malls
705 Illinois Ave Joplin, MO 64801-5067
Entity Owned
Absentee Owner
Free & Clear
Property ID
US48-1438467
Property summary
AI-generated overview
This exceptional Class A office building, located at 705 S Illinois Ave in Joplin, Missouri, offers 2,917 square feet of versatile space available for lease. The property, situated on a 2.8-acre lot, features one building constructed in 1978 and is zoned C2-PD. Units are available in sizes ranging from 270 to 2,917 contiguous square feet, making it suitable for a variety of businesses, including traditional office, creative office, coworking, and executive office uses. The building boasts 8-foot ceilings and ample parking, ensuring convenient access for clients and employees. This prime location in a vibrant, redeveloping area of Joplin offers excellent visibility and foot traffic, providing maximum exposure for your business. The property's strategic location within a redevelopment zone promises enhanced quality and aesthetics in the surrounding area, creating a dynamic and evolving environment for your enterprise. Whether you need a small boutique office or a large commercial space, this property offers flexible options to meet your specific needs. The property's APN is 35-017263-0000. This is a truly unique opportunity to establish your business in a thriving community.
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1956
Total area
72,112 SF
Lot
12.56 ac (547,070 SF)
APN
19-1.0-11-10-4-1.0
UPID
US48-1438467
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Steel Link Renovation Specialist (Bike/Boat/Book/etc) Store
-
Ladawn Hathaway, PLPC Physician Medical Clinic
-
Deanna L. Street, MA Counselor
-
Ron Trujillo FSS: Allstate Insurance Insurance Agency
-
Rowe-Dages & Associates Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.84M
Blend (final)
Blend
$4.53M
Owner & transaction history
JOPLIN PROPERTIES
JOPLIN PROPERTIES
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Joplin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Joplin submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.53M
Range $4.07M – $4.98M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$63 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$31,895
Tax year 2023
Assessed value
$641,450
Assessed 2023
Previous assessed
$616,320
+4.1% YoY
Effective rate
4.97%
On assessed value
Assessed land
$137,160
Assessed improvement
$504,290
Land market value
$428,620
Improvement market value
$1,575,920
Total market value
$2,004,540
Applied tax rate
116.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1956
Heating
NONE
Buildings
5
Total area
72,112 SF
Lot
12.56 ac (547,070 SF)
APN
19-1.0-11-10-4-1.0
UPID
US48-1438467
Jurisdiction
JASPER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1956
Heating
NONE
Buildings
5
Lot
12.56 ac
Current owner
From public records · entity-resolved
JOPLIN PROPERTIES
Individual
Free & Clear · 0 yrs held
Mailing address
745 E JOYCE BLVD, FAYETTEVILLE, AR 72703-6375
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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