Commercial Restaurant
For Sale
Contact for pricing
1109 W Main Street, Jacksonville, AR 72076
The property is zoned General Commercial and includes central, natural gas features.
Property Size2,215 SF
Price / SF$2.53
Days on Market11
Property Features for 1109 W Main Street
General Information
Standard status
Active
Size
2,215 SF
Total Parking Spaces
25
Zoning
General Commercial
Lease Term
Month To Month
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$6,097
Amenities
Accessible Approach with Ramp
Electric
Central, Natural Gas
Traditional
Building Details
Building Size
2,215 SF
Year Built
1975
Buildings
1
Listed By:
Jennifer R Williams
(901) 335-5865
Source:
Evrealestate
Added: Oct 15
Changed: Oct 24
Last Checked: Oct 24 at 6:18PM
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 Jennifer R Williams
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Investment Insights
Based on property information with market context.
This restaurant property contains 2,215 square feet and was built in 1975. Its zoning is General Commercial, and listed interior features include electric and central, natural gas.
Key Highlights
- 2,215‑square‑foot restaurant property
- General Commercial zoning
- Built in 1975
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,576
Suggested Prices Based on Cap Rates
Cap Rate 5%
$591,520
$591.5K
Cap Rate 7%
$422,514
$422.5K
Cap Rate 9%
$328,622
$328.6K
Market Conditions
NOI Build-Up for 2,215 SF
Gross rent
$42.0K $18.96/SF
− Vacancy
−$2.6K −$1.16/SF
EGI
$39.4K $17.80/SF
− OpEx
−$9.9K −$4.45/SF
NOI
$29.6K $13.35/SF
Area
Pulaski County, AR
Vacancy
6.10%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$591,520
Cap Rate 7%
$422,514
Cap Rate 9%
$328,622
Alternative Uses
Best Use
Specialty Retail
$422.5K
$369.7K – $492.9K
NOI $29,576 @ 7.0% cap · market cap 528.14%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
878
Businesses Nearby
164k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 63%
Shops & Services 35%
Electronics 2%
Kum & Go
Shops & Services
30,033 visits/mo
0.3 miles
McDonald's
Dining
17,966 visits/mo
0.2 miles
Chili's Grill & Bar
Dining
15,486 visits/mo
0.5 miles
SONIC Drive In
Dining
14,745 visits/mo
0.5 miles
Wendy's
Dining
12,727 visits/mo
0.3 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The property is zoned General Commercial and includes central, natural gas features.
Where is this conventional restaurant located?
The property is located at 1109 W Main Street Jacksonville, AR.
What are key features of this property?
This property features: 2,215‑square‑foot restaurant property; General Commercial zoning; Built in 1975
