First-Floor Lab Office
For Sale
Contact for pricing
101 S Church St Suite 106, Jonesboro, AR 72401
Ground-level suite configured for laboratory, testing, training, and technical work within a downtown office building.
Property Size1,283 SF
Price / SF$0.58
Days on Market58
Property Features for 101 S Church St Suite 106
General Information
Standard status
Active
Size
1,283 SF
Additional Details
Floor
First Floor
Building Details
Year Built
1990
Listing Agency:
Halsey Real Estate
Listed By:
Taylor Wilson, Landon Wilson
Source:
Pcsingtolittlerock
Added: Aug 23
Changed: Oct 9
Last Checked: Oct 19 at 11:25AM
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 Halsey Real Estate
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Investment Insights
Based on property information with market context.
Suite 106 is a 1,283-square-foot office unit on the first floor of a downtown building at 101 S Church Street. Its lab-oriented configuration provides workspace that can accommodate equipment or testing stations, with a layout suited to testing, training, and technical operations.
The suite offers direct access for staff and visitors while remaining within the same building as upper-level offices. Built in 1990, the property provides a dedicated operational area that can function separately from administrative workspace.
The suite offers direct access for staff and visitors while remaining within the same building as upper-level offices. Built in 1990, the property provides a dedicated operational area that can function separately from administrative workspace.
Key Highlights
- 1,283‑square‑foot office unit
- First‑floor Suite 106 at 101 S Church Street
- Lab‑oriented layout for testing, training, or technical operations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,990
Suggested Prices Based on Cap Rates
Cap Rate 5%
$239,800
$239.8K
Cap Rate 7%
$171,286
$171.3K
Cap Rate 9%
$133,222
$133.2K
Market Conditions
NOI Build-Up for 1,283 SF
Gross rent
$18.2K $14.16/SF
− Vacancy
−$2.2K −$1.70/SF
EGI
$16.0K $12.46/SF
− OpEx
−$4.0K −$3.12/SF
NOI
$12.0K $9.35/SF
Area
Craighead County, AR
Vacancy
12.00%
Lease Rate
$14.16 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$239,800
Cap Rate 7%
$171,286
Cap Rate 9%
$133,222
Alternative Uses
Best Use
Office B
$171.3K
$149.9K – $199.8K
NOI $11,990 @ 7.0% cap · market cap 1,598.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$224.6K
$196.5K – $262.1K
NOI $15,723 @ 7.0% cap · market cap 2,096.40%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,002
Businesses Nearby
Explore this area
Business Placement
Demographics for 72401, AR
43,127
Population
19,328
Households
2.2
Avg Household Size
33
Median Age
23%
College-Educated
89%
High-School Grad
88.5 sq mi
ZIP Area
487
Density / Sq Mi
$43,412
Median Household Income
$32,970
Median Earnings
$897
Median Rent
$185,400
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 unit - Ground-level suite configured for laboratory, testing, training, and technical work within a downtown office building.
Where is this office unit located?
The property is located at 101 S Church St Suite 106 Jonesboro, AR.
What are key features of this property?
This property features: 1,283‑square‑foot office unit; First‑floor Suite 106 at 101 S Church Street; Lab‑oriented layout for testing, training, or technical operations
