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Property profile & analytics
OFF-MARKET Estimated value $340,000
Auto shops

711 Patterson Ave Joplin, MO 64801-1889

12,318 SF 0.77 ac lot Built 1950
Individually Owned 13-yr Hold ~ Est. High Equity
Property ID
US48-1365256
Property summary
AI-generated overview

This exceptional opportunity presents a 12,378-square-foot warehouse in Joplin, Missouri, ideally situated on a 1.19-acre lot (9 lots total) within city limits and zoned C-3. The property, built in 1950, boasts a single-story building with a 16-foot ceiling height, seven parking spaces, and five overhead garage doors accommodating semi-trucks. The warehouse space encompasses 10,006 square feet, complemented by 2,372 square feet of retail/reception area. Internal features include two large storage rooms, two bathrooms, and three private offices. Heating is provided by a clean-burn heater for the warehouse, supplemented by two backup suspended ceiling heaters, and a central heating/air conditioning system in the retail/reception area. The property includes substantial automotive repair equipment, such as a four-post alignment lift with rolling jacks, a Hunter 511 alignment machine, a two-post alignment lift, a five-ton press, and a Norco telescoping transmission jack. A complete equipment list is available upon request. This turnkey operation offers significant potential for continued success. The asking price for the building and business is $1,150,000. Additional options exist for purchasing the building and lot separately, or including the towing business for a total price of $1,400,000. The property is located at 711 S Patterson Ave, Joplin, MO 64801.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1950
Total area 12,318 SF
Lot 0.77 ac (33,585 SF)
APN 19-1.0-12-20-2-3.0
UPID US48-1365256
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
  • Nixon's Garage Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k
Owner & transaction history
Richard J Nixon · 13 yrs held
Richard J Nixon
since 2013
1 recorded transaction
2013
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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