Joplin, MO
Commercial Real Estate Market Trends & Data

$136 Avg asking sale price
$125 Avg asking lease rate
29,116 SF Avg unit lease size
18,712 SF Avg building size for sale
7.15% Average cap rate

Joplin's Demographic Profile

Joplin has 22,631 households and a median income of $46,760, providing context for rent absorption and tenant demand across retail and multifamily assets. A +3% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 53,751
# Households 22,631
Median age 37
Median household income $46,760
Avg household size 2.0
Renter-occupied housing units 10,869
5-year population change +3%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Joplin, MO

↻ Updated Monthly

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Nearby Retail Markets Avg Cost/SF Typical Size
Joplin $190 19,269 SF
Duquesne $793 4,884 SF
Carl Junction $59 9,696 SF
Granby $56 8,625 SF
Miami $40 35,819 SF

Commercial Properties For Sale in Joplin

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

502 S Madison St

Webb City, MO 64870

  • 0.46 AC Lot
  • 1 Commercial Lot
  • $350,000
For Sale

Dollar General NNN Portfolio-Corp. Guar.

  • Retail Building
  • 7.40% Cap Rate
  • $19,453,062
For Sale

136 N Prigmor Ave

Joplin, MO 64801

  • 5,000 SF Industrial Building
  • $375,000
For Sale

101 S Main St

Joplin, MO 64801

  • 9,600 SF Retail Building
  • 7.88% Cap Rate
  • $825,000
For Sale

Super 7 Inn

Joplin, MO 64804

  • 31,868 SF Hospitality
  • $3,500,000
For Sale

5467 N Main St

Joplin, MO 64801

  • 3,400 SF Retail Building
  • $333,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Joplin pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Joplin $136 18,712 SF
Duquesne $206 17,000 SF
Duenweg $85 10,371 SF
Webb City $192 42,350 SF

Regional Demographic Comparison

This comparison places Joplin alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Joplin or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Joplin 53,751 22,631 37 $46,760 2 10,869 3%
Duquesne 2,451 1,069 42 $52,692 2 545 4%
Duenweg 1,428 598 40 $61,755 2 200 2%
Loma Linda 1,092 453 47 $71,543 2 122 6%
Webb City 13,891 5,438 36 $57,118 3 2,342 3%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Joplin, MO and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Joplin

View All Commercial Real Estate For Sale in Joplin
Is Joplin a good market for a first-time commercial real estate investor?

Joplin offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Joplin?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Joplin. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Joplin?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Joplin. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Joplin compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Joplin. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Joplin acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Joplin, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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