Live-Work Space with Office
For Sale
$170,000
110 S Jeff Davis, Jacksonville, AR 72076
Configured for small-business operations with space that can support residential use and on-site parking.
Property Size1,700 SF
Price / SF$100
Days on Market44
Property Features for 110 S Jeff Davis
General Information
Standard status
Active
Size
1,700 SF
Building Details
Year Built
1982
Listing Agency:
United Real Estate - Central AR
(501) 258-8060
Listed By:
Lynann Hill
Source:
Pcsingtolittlerock
Added: Jul 20
Changed: Aug 31
Last Checked: Aug 30 at 8:19PM
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 live-work property was previously occupied by an accounting office and offers a practical setup for a small business. The property includes space that could be used residentially, allowing work and living functions to be combined in one location.
On-site parking is available, and the property is located at 110 S Jeff Davis in Jacksonville, Arkansas. Its existing office configuration and residential-use component support a range of small-business applications, including professional office operations.
On-site parking is available, and the property is located at 110 S Jeff Davis in Jacksonville, Arkansas. Its existing office configuration and residential-use component support a range of small-business applications, including professional office operations.
Key Highlights
- Live‑work configuration combines office space with an area that could be used residentially
- Previously operated as an accounting office
- On‑site parking available
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
Mixed Use
$226.2K
$198.0K – $263.9K
NOI $15,836 @ 7.0% cap · market cap 9.32%
Second Best
Office B
$203.1K
$177.7K – $237.0K
NOI $14,218 @ 7.0% cap · market cap 8.36%
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
906
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 - Configured for small-business operations with space that can support residential use and on-site 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: Live‑work configuration combines office space with an area that could be used residentially; Previously operated as an accounting office; On‑site parking available
