Downtown Jonesboro Office
404 S Main Jonesboro, AR 72401
404 S Main, Jonesboro, AR, 72401
$350,000
For Sale
$350,000
COMMERCIAL - Jonesboro, AR
Property Size2,350 SF
Price / SF$148.94
Days on Market317
Property Features for 404 S Main
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 2,350 SF
Taxes and HOA fees
- Tax Description
- ORIGINAL SURVEY 30X90
- Tax Annual Amount
- 3164
Building Details
- Year built
- 1995
- Floors in Building
- 1
Listing agency
Arnold Group Real Estate
(870) 932-2600
Listed by
Kent Arnold · License #00010620
(870) 930-7750
Added: Sep 9, 2025 Updated: May 21 at 3:21PM Checked: Jul 22 at 2:06PM
MLS# 25036240
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in downtown Jonesboro, this 2,300 sq ft office building provides a professional space suitable for a growing business. The property features four private offices, a lobby, a breakroom, and three bathrooms. The building is positioned to provide visibility and access to Main Street.
Key Highlights
- Prime downtown Jonesboro location with high visibility and access to Main Street.
- 2,300 sq ft office building suitable for a growing business.
- Four private offices for focused work.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.3k | $14.16 |
| − Vacancy | −$4.0k | −$1.70 |
| EGI | $29.3k | $12.46 |
| − OpEx | −$7.3k | −$3.12 |
| NOI | $22.0k | $9.35 |
2,350 SF · lease $14.16/SF/yr · vacancy 12.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$313.7K
$274.5K – $366.0K
NOI $21,962 @ 7.0% cap · market cap 6.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$411.4K
$360.0K – $480.0K
NOI $28,800 @ 7.0% cap · market cap 8.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Brimhall Law Firm, ...
Law Firm
Brimhall Law Firm ...
Law Firm
The Ford Law Firm
Law Firm
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FAQs
What type of property is this?
Office building - 2,300 sq ft office building in vibrant downtown Jonesboro.
Where is this office building located?
The property is located at 404 S Main Jonesboro, AR.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Prime downtown Jonesboro location with high visibility and access to Main Street.; 2,300 sq ft office building suitable for a growing business.; Four private offices for focused work.
