For Sale
Contact for pricing
1000 N Redmond Rd, Jacksonville, AR 72076
Warehouses
Property Size40,500 SF
Price / SF$54.32
Days on Market191
Property Features for 1000 N Redmond Rd
General Information
Standard status
Active
Size
40,500 SF
Property subtype
Industrial, Land
Zoning
M2- Heavy Industrial
Warehouse & Industrial
Clear Height
20 ft
Dock-High Doors
9
Drive-In Doors
2
Sprinkler System
Yes
Building Details
Year Built
1975
Listing Agency:
Colliers - Little Rock, Arkansas
Listed By:
Justin Bentley · License #AR SA00073436
(501) 372-6161
Source:
Crexi
Added: Feb 26
Changed: Sep 2
Last Checked: Sep 1 at 7:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Little Rock, Arkansas
Investment Insights
Based on property information with market context.
Key Highlights
- 40,500 SF industrial facility built in 1975 at 1000 Redmond Road, Jacksonville, AR
- ESFR fire sprinkler system designed for high‑piled storage and warehouse operations
- 16’–20’ clear ceiling heights for flexible racking and vertical storage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$178,035
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.09%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,560,700
$3.6M
Cap Rate 7%
$2,543,357
$2.5M
Cap Rate 9%
$1,978,167
$2.0M
Market Conditions
NOI Build-Up for 40,500 SF
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.
Gross rent
$267.3K $6.60/SF
− Vacancy
−$13.0K −$0.32/SF
EGI
$254.3K $6.28/SF
− OpEx
−$76.3K −$1.88/SF
NOI
$178.0K $4.40/SF
Area
Pulaski County, AR
Vacancy
4.85%
Lease Rate
$6.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,560,700
Cap Rate 7%
$2,543,357
Cap Rate 9%
$1,978,167
Alternative Uses
Best Use
Warehouse
$3.09M
$2.70M – $3.60M
NOI $216,186 @ 7.0% cap · market cap 9.83%
Second Best
Industrial
$2.54M
$2.23M – $2.97M
NOI $178,035 @ 7.0% cap · market cap 8.09%
Theoretical Best
Specialty Retail
$7.73M
$6.76M – $9.01M
NOI $540,779 @ 7.0% cap · market cap 24.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
20 ft
Clear height
9
Dock-high doors
2
Drive-in doors
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
215
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72076, AR
38,443
Population
17,780
Households
2.2
Avg Household Size
37
Median Age
22%
College-Educated
90%
High-School Grad
72.7 sq mi
ZIP Area
529
Density / Sq Mi
$53,048
Median Household Income
$36,189
Median Earnings
$917
Median Rent
$155,600
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
Where is this warehouse located?
The property is located at 1000 N Redmond Rd Jacksonville, AR.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 40,500 SF industrial facility built in 1975 at 1000 Redmond Road, Jacksonville, AR; ESFR fire sprinkler system designed for high‑piled storage and warehouse operations; 16’–20’ clear ceiling heights for flexible racking and vertical storage
