Fenced Seven-Office
For Sale
$365,000
1009 S Redmond Rd, Jacksonville, AR 72076
2018 office property with controlled parking, security equipment, and a practical layout for professional operations.
Property Size2,288 SF
Price / SF$159.53
Days on Market57
Property Features for 1009 S Redmond Rd
General Information
Standard status
Active
Size
2,288 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
outside storage
fully fenced parking area with automated gate
modern alarm system
security cameras
Building Details
Year Built
2018
Buildings
1
Listing Agency:
Fathom Realty Central
Listed By:
Miekka Maile
(501) 941-8830
Source:
Pcsingtolittlerock
Added: Aug 21
Changed: Oct 6
Last Checked: Oct 7 at 1:26PM
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 Fathom Realty Central
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Investment Insights
Based on property information with market context.
Built in 2018, this office building is arranged around seven private offices, a conference room, reception area, copy and utility room, kitchen, and two bathrooms. The property also includes outside storage and a parking area enclosed by fencing with an automated gate. An alarm system and security cameras add to the building’s existing security features.
The property is located at 1009 S Redmond Rd in Jacksonville, approximately one-half mile from I-57 along a busy commuter route. On-site parking accommodates 10+ vehicles, providing convenient access for staff and visitors. The combination of private work areas, shared support spaces, controlled parking, and storage creates a functional office setting for an established business.
The property is located at 1009 S Redmond Rd in Jacksonville, approximately one-half mile from I-57 along a busy commuter route. On-site parking accommodates 10+ vehicles, providing convenient access for staff and visitors. The combination of private work areas, shared support spaces, controlled parking, and storage creates a functional office setting for an established business.
Key Highlights
- Seven private offices plus conference, reception, kitchen, copy/utility, and bathroom areas
- Built in 2018
- Parking for 10+ vehicles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,135
Cap Rate
5.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$382,700
$382.7K
Cap Rate 7%
$273,357
$273.4K
Cap Rate 9%
$212,611
$212.6K
Market Conditions
NOI Build-Up for 2,288 SF
Gross rent
$28.8K $12.60/SF
− Vacancy
−$3.3K −$1.45/SF
EGI
$25.5K $11.15/SF
− OpEx
−$6.4K −$2.79/SF
NOI
$19.1K $8.36/SF
Area
Pulaski County, AR
Vacancy
11.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$382,700
Cap Rate 7%
$273,357
Cap Rate 9%
$212,611
Alternative Uses
Best Use
Office B
$273.4K
$239.2K – $318.9K
NOI $19,135 @ 7.0% cap · market cap 5.24%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$436.4K
$381.9K – $509.2K
NOI $30,551 @ 7.0% cap · market cap 8.37%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
215
Businesses Nearby
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - 2018 office property with controlled parking, security equipment, and a practical layout for professional operations.
Where is this office building located?
The property is located at 1009 S Redmond Rd Jacksonville, AR.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Seven private offices plus conference, reception, kitchen, copy/utility, and bathroom areas; Built in 2018; Parking for 10+ vehicles
