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    Former Childcare Facility in Jacksonville Title is generated by Realmo AI

    501 S First Street, Jacksonville, AR 72076

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    For Sale
    $848,000

    Building and Land - Jacksonville, AR

    Property size:
    7,200 SF
    Lot size:
    0.75 Acres
    Price / SF:
    $117/SF
    Added:
    Dec 22, 2025
    Days on Market:
    145
    Last Refresh:
    May 16 at 3:06 am

    Property Features for 501 S First Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking
    20
    Parking features
    Paved or Surfaced
    Interior features
    Public Restrooms, Intercom, Handicapped Design, Kitchen Area, Ceiling Fans
    Exterior features
    Fully Fenced, Wheelchair Accessible
    Fencing
    Fenced, Full
    Accessibility
    Accessible Approach with Ramp
    Standard status
    Active
    APN
    12J0830001100
    Size
    7,200 SF
    Lot size
    0.75 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    7162

    Utilities

    Heating system
    Central
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1989
    Floors in Building
    1
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    Other

    We can help!

    Listing Contact
    Tiffani Silvey
    Tiffani Silvey

    Listing agent Tiffani Silvey

    Listing office ArkBest Realty, Inc. 724 Garland St, Little Rock, AR

    Listing date Dec 22, 2025

    MLS# 25049684 Listing URL

    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.

    HighLights

    • Well‑located on S First Street with excellent visibility and convenient access.
    • Former childcare facility with dedicated spaces for classrooms, offices, restrooms, and support services.
    • Suitable for various uses: early childhood care, educational programming, community services, nonprofit operations, church outreach, office conversion, or adaptive reuse.
    • Features handicapped design and wheelchair accessibility with an accessible approach ramp.
    • Includes interior features such as public restrooms, intercom, kitchen area, and ceiling fans.
    • Property is fully fenced with paved or surfaced parking.

    Overview

    Located at 501 S First Street, this former childcare facility has a history of serving the Jacksonville community as a licensed child development center. The property, situated on a 0.75-acre lot, features 7,200 square feet of space with dedicated areas suitable for classrooms, office spaces, restrooms, and support service rooms. The property is ideal for continued use as early childhood care, educational programming, community services, nonprofit operations, church outreach ministries, office conversion, or other adaptive reuse opportunities. It offers excellent visibility and convenient access on S First Street.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Plantation Realty Real Estate Agency Simpson Academy of Cosmetology Vocational School Pro Land Title ... Title Company Kid to Kid Child ... Daycare Center

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Jacksonville Boys & Girls Club — 1 Boys Club Dr, Jacksonville, AR 72076
    • Adventurous Learning Academy II — 109 N Jeff Davis Ave, Gravel Ridge, AR 72076
    • Jacksonville Head Start — 108 S Oak St, Jacksonville, AR 72076
    • Kid to Kid Child 2 Development Center — 501 S First St, Jacksonville, AR 72076
    • A Divine Touch Childcare Center Inc. — 109 N Jeff Davis Ave, Gravel Ridge, AR 72076

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.114772
    Latitude
    34.862398

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    FAQs

    What type of property is this?
    Day care center - Well-located building and land suitable for various uses.
    Where is this day care center located?
    The property is located at 501 S First Street Jacksonville, AR.
    What is the asking price?
    The asking price for this property is $848,000.
    What are key features of this property?
    This property features: Well‑located on S First Street with excellent visibility and convenient access.; Former childcare facility with dedicated spaces for classrooms, offices, restrooms, and support services.; Suitable for various uses: early childhood care, educational programming, community services, nonprofit operations, church outreach, office conversion, or adaptive reuse.
    (501) 499-4739
    We can help!
    Listing Contact
    Tiffani Silvey
    Tiffani Silvey
    Real Estate License ID: #SA00097857
    Learn More
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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.

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