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    Property profile & analytics

    Joplin, MO 64801

    • Distribution centers
    • 9,000 SF
    OFF-MARKET
    Value Estimations
    $505,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-1491172
    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

    • Distribution centers

    Property Details

    Year built
    2013
    Property size
    9,000 SF
    Property type
    Distribution centers
    APN
    16-7.0-36-40-1-27.503
    APU
    16703640127503

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $740,000
      6.5%
      $680,000
      7%
      $635,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $438,000
      Market price range: $162k - $504k
      AI Estimate
      $596,000
      Market price range: $240k - $710k

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $335,000
      Current use
      RETAIL STORES
      $495,000
      Change: +49% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Joplin
    County
    Jasper
    State
    Missouri
    Longitude
    -94.5903
    Latitude
    37.0908
    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
    $4,091
    $0.00
    $82,280
    $82,280
    -
    $0.00
    $257,140
    $257,140

    Comparable in this City

    • Value Estimation by Request
      4,095 SF

      3501 Red Iron Dr

      Distribution properties • 4,095 SF
      3501 Red Iron Dr, Joplin, MO 64801
      View Details
    • Value Estimation by Request
      4,840 SF

      819 9th St

      DISTRIBUTION WAREHOUSE • 4,840 SF
      819 9th St, Joplin, MO 64801-4921
      View Details
    • Value Estimation by Request
      3,200 SF

      925 12th St

      DISTRIBUTION WAREHOUSE • 3,200 SF
      925 12th St, Joplin, MO 64801-4977
      View Details
    • Value Estimation by Request
      5,000 SF

      3730 20th St

      DISTRIBUTION WAREHOUSE • 5,000 SF
      3730 20th St, Joplin, MO 64801-5847
      View Details
    • Value Estimation by Request
      5,000 SF

      3720 20th St

      DISTRIBUTION WAREHOUSE • 5,000 SF
      3720 20th St, Joplin, MO 64801-5847
      View Details
    • Value Estimation
      $560,000
      8,000 SF

      3857 20th St

      DISTRIBUTION WAREHOUSE • 8,000 SF
      3857 20th St, Joplin, MO 64801-5853
      View Details

    Similar Nearby for Sale

    • $2,200,000
      32,750 SF

      Joplin Warehouse/Office Space

      32,750 SF Mixed-Use Property, Vacant
      5571 Main Street Rd, Joplin, MO 64801
      View Details
    • $1,475,000
      15,741 SF

      Versatile Commercial Facility on 13.3 Acres

      15,741 sq ft commercial facility ideal for logistics.
      302 Thunder Rd, Joplin, MO 64801
      View Details
    • $249,900
      4,620 SF

      Commercial Building in Downtown Joplin

      Commercial building with high visibility, multiple overhead doors, and leased space.
      716 S Pennsylvania Ave, Joplin, MO 64801
      View Details
    • $625,000
      Pending

      Move-In Ready Commercial Buildings

      Newly constructed commercial buildings ideal for diverse business uses.
      1315 W Zora, Joplin, MO 64801
      View Details
    • New
      $237,950
      Pending

      Joplin Industrial Compound For Sale

      Large industrial compound with warehouse and manufacturing buildings on 21 acres.
      1220 NW Murphy Blvd, Joplin, MO 64801
      View Details
    • New
      $395,000
      5,670 SF

      Joplin Office Warehouse For Sale

      Office warehouse with six overhead doors in Joplin, Missouri.
      600 E Broadway St, Joplin, MO 64801
      View Details

    Similar Nearby for Lease

    • $6 SF/Yr
      15,000 SF

      Joplin Warehouse Space Available

      Modern warehouse, 7,500-15,000 sq ft
      220 2Nd St, Joplin, MO 64801
      View Details
    • $6 SF/Yr
      5,031 SF

      Joplin Warehouse/Office Space

      5,031 sq ft, high-traffic location
      5171 Main Street Rd, Joplin, MO 64801
      View Details
    • $6 SF/Yr
      51,125 SF

      Adaptable Facility in Joplin, MO

      Versatile 51,125 SF facility suitable for various commercial uses.
      500 S Grand Ave, Joplin, MO 64801
      View Details
    • $9,500 /Mo
      9,800 SF

      Renovated Commercial Property with Smart Features

      Fully renovated commercial property with modern technology, comfort, and versatility.
      231 N Main St, Joplin, MO 64801
      View Details
    • $3,000 /Mo
      4,000 SF

      Renovated Commercial Space with Smart Features

      Versatile 4,000 sqft commercial space with modern technology and security.
      231 N Main St, Joplin, MO 64801
      View Details
    • $6 SF/Yr

      Versatile Retail/Office/Industrial Space Available

      Adaptable space suitable for retail, office, or industrial use.
      1717 W 7Th St, Joplin, MO 64801
      View Details
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    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
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