1107 E Matthews Ave Jonesboro, AR 72401
COMMERCIAL - Jonesboro, AR
- Added:
- Jun 3, 2025
- Days on Market:
- 404
- Last Refresh:
- Jul 11 at 12:06 am
Property Features for 1107 E Matthews Ave
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 47
- Standard status
- Active
- APN
- 01-144202-16100
- Size
- 12,512 SF
- Lot size
- 0.84 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- REPLAT OF BLK B OF THE SECOND
- Tax Annual Amount
- 17991
Building Details
- Year built
- 2002
- Floors in Building
- 2
- Roof type
- Flat
Listing agent Taylor Wilson (870) 926-4588
Listing office Halsey Real Estate 301 W Washington Ave, Suite 200, Jonesboro, AR (870) 972-9191
Listing date Jun 3, 2025
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Set on 0.84 acres, the building is positioned in an established medical corridor and includes strong visibility and ample parking. Quality finishes are noted throughout.
The configuration supports a mix of current leased space and additional lease-ready area on the second floor, making the property suitable for buyers seeking an operating medical office with available expansion space.
Key Highlights
- Medical office building built in 2002 with approx. 12,512 SF total space
- First floor is occupied under established leases
- Second floor includes 6,000 SF and is available for lease
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $187.7k | $15.00 |
| − Vacancy | −$11.4k | −$0.92 |
| EGI | $176.2k | $14.09 |
| − OpEx | −$70.5k | −$5.63 |
| NOI | $105.7k | $8.45 |
