Live-Work Office
For Sale
$170,000
110 S Jeff Davis, Jacksonville, AR 72076
Former accountants office with space that could be used residential, plus plenty of parking.
Property Size1,700 SF
Days on Market144
Property Features for 110 S Jeff Davis
General Information
Standard status
Active
Size
1,700 SF
Total Parking Spaces
10
Property subtype
Commercial
Zoning
O-1 Quiet Office, Mixed Use Commercial,
Building Details
Building Size
1,700 SF
Year Built
1982
Stories
1
Listing Agency:
United Real Estate - Central Ar
(501) 258-8060
Listed By:
Lynann Hill
(501) 258-8060
Source:
Proeliterealty
Added: Mar 20
Changed: Aug 8
Last Checked: Aug 9 at 12:44PM
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 United Real Estate - Central Ar
Investment Insights
Based on property information with market context.
This property was previously used as an accountants office and is suited for office use. The layout also includes additional space that could be used for residential, creating a flexible live-work configuration. The building is offered for sale as a commercial real estate opportunity with multiple potential uses consistent with the prior office setting.
Located at 110 S Jeff Davis, Jacksonville, AR 72076, the property offers plenty of parking, supporting convenient access for clients, visitors, or daily operations.
Located at 110 S Jeff Davis, Jacksonville, AR 72076, the property offers plenty of parking, supporting convenient access for clients, visitors, or daily operations.
Key Highlights
- Year built: 1982
- Previously used as an accountants office
- Flexible layout includes space that could be used residential
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
$14,218
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
8.36%
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%
$284,360
$284.4K
Cap Rate 7%
$203,114
$203.1K
Cap Rate 9%
$157,978
$158.0K
Market Conditions
NOI Build-Up for 1,700 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
$21.4K $12.60/SF
− Vacancy
−$2.5K −$1.45/SF
EGI
$19.0K $11.15/SF
− OpEx
−$4.7K −$2.79/SF
NOI
$14.2K $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 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%
$284,360
Cap Rate 7%
$203,114
Cap Rate 9%
$157,978
Alternative Uses
Best Use
Healthcare Medical
$262.5K
$229.7K – $306.3K
NOI $18,376 @ 7.0% cap · market cap 10.81%
Second Best
Mixed Use
$226.2K
$198.0K – $263.9K
NOI $15,836 @ 7.0% cap · market cap 9.32%
Theoretical Best
Specialty Retail
$324.3K
$283.7K – $378.3K
NOI $22,699 @ 7.0% cap · market cap 13.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
892
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Live-work space - Former accountants office with space that could be used residential, plus plenty of parking.
Where is this live-work space located?
The property is located at 110 S Jeff Davis Jacksonville, AR.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: Year built: 1982; Previously used as an accountants office; Flexible layout includes space that could be used residential
