Listing Agency: Coldwell Banker Village Communities Jonesboro j***@gmail.com Show Phone

Listed By: Jameson McFadden · License #AR00081489

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 10:17AM

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Investment Insights

Based on property information with market context.

This 1,520-square-foot office building at 1005 Highway 18 in Lake City, Arkansas, has undergone a comprehensive renovation within the last two years. Improvements include new flooring, revised lighting, interior and exterior paint, a metal roof, modern HVAC, a tankless gas water heater, and fully replaced electrical and plumbing systems.

Positioned along Highway 18, the property offers a commercial setting with roadway exposure. The refreshed building systems and interior finishes provide a recently updated foundation for an owner-user or business operation.

Key Highlights

• 1,520‑square‑foot office building at 1005 Highway 18 in Lake City, AR 72437
• Comprehensively renovated within the last two years
• New flooring, updated lighting, and fresh interior and exterior paint

Property Analytics

Property Profile

Current Use

Office buildings

Suggested Use

Top Pick HVAC Service Real Estate Agency Electrical Service Hair Salon Auto Parts Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

112

Businesses Nearby

Explore this area Business Placement

Demographics for 72437, AR

3,486

Population

1,533

Households

2.3

Avg Household Size

38

Median Age

18%

College-Educated

91%

High-School Grad

104.9 sq mi

ZIP Area

33

Density / Sq Mi

$58,177

Median Household Income

$34,030

Median Earnings

$827

Median Rent

$141,400

Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

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Frequently Asked Questions

What type of property is this?

Office building - Updated commercial improvements provide a move-in-ready setting for office or business use.

Where is this office building located?

The property is located at 1005 Highway 18 Lake City, AR.

What are key features of this property?

This property features: 1,520‑square‑foot office building at 1005 Highway 18 in Lake City, AR 72437; Comprehensively renovated within the last two years; New flooring, updated lighting, and fresh interior and exterior paint