Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    1700 General Samuels Rd Jacksonville, AR

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Office space near LRAFB featuring call center and storage.

    Type:OFFICE
    Property size:
    8,424 SF
    Lot size:
    1.85 Acres
    Price / SF:
    $74/SF
    Added:
    Apr 15, 2021
    Days on Market:
    1849
    Last Refresh:
    Apr 5 at 11:26 pm

    Property Features for 1700 General Samuels Rd

    General Information

    Standard status
    Active
    Size
    8,424 SF
    Lot size
    1.85 Acres
    Property subtype
    OFFICE

    We can help!

    Listing Contact
    Jeff Hathaway CCIM, SIOR

    Listing agent Jeff Hathaway CCIM, SIOR

    Listing office Hathaway Group

    Listing date Apr 15, 2021

    Source Moodyscre

    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 Hathaway Group

    HighLights

    • Large call center featuring an open workstation area, private offices, and employee lounge.
    • 41 parking spaces available.
    • Located near the main gate of LRAFB.
    • Benefit from an emergency generator.
    • Includes a safe room/tornado shelter.
    • Equipment storage bay with overhead door.

    Overview

    Renovated Office Space Near LRAFB

    Located just west of Marshall on General Samuels Road, near the Main Gate of Little Rock Air Force Base, this property underwent a full renovation and conversion to office space in 2008. The property is in excellent condition and features a large call center with an open workstation area, private offices, and an employee lounge. There is also an open office area with a large storage and supply room, as well as an equipment storage bay with an overhead door. Additional features include an emergency generator, a safe room or tornado shelter, and an alarm system. The property includes two sets of restrooms and 41 parking spaces. The layout consists of a mix of open areas, private offices, cubicles, meeting rooms, and storage spaces. The building is suitable for office use.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.1277
    Latitude
    34.8868

    Nearby Similar for Sale

    • $744,000
      6,215 SF

      Medical Office & Restaurant Opportunity

      Medical office building and restaurant with drive-through on 0.92 acres.
      1010 W Main Street, Jacksonville, AR 72076
      View Details
    • $365,000
      2,288 SF

      Well-Maintained Office Building For Sale

      Move-in-ready office building with security features and ample parking.
      1009 S Redmond Road, Jacksonville, AR 72076
      View Details
    • $875,000
      11,248 SF

      Daycare Facility on Spacious Grounds

      Daycare facility with classrooms, play areas, and security systems.
      1701 S Highway 161, Jacksonville, AR 72076
      View Details
    • $848,000
      7,200 SF

      Former Childcare Facility in Jacksonville

      Well-located building and land suitable for various uses.
      501 S First Street, Jacksonville, AR 72076
      View Details
    • $310,000
      5,590 SF

      Jacksonville Commercial Building with Drive-Thru

      Commercial building with drive-thru on Main Street in Jacksonville, AR.
      505 W Hickory St, Jacksonville, AR 72076
      View Details
    • $599,000
      11,000 SF

      Established Business Opportunity in Jacksonville

      Feed, hardware, and lawn shop on 1.5 acres.
      9240 Jacksonville conway Road, Jacksonville, AR 72076
      View Details
    • $450,000
      4,760 SF

      Updated Apartments in Jacksonville, AR

      Updated, fully occupied apartment buildings offering a great investment opportunity.
      7,8,9,10,11 Winnie Cove, Jacksonville, AR 72076-5262
      View Details
    • $435,000
      3,382 SF

      New Construction Duplex Investment Opportunity

      New construction duplex near Little Rock AFB, completion May 2026.
      401 & 403 E Center Street, Jacksonville, AR 72076
      View Details
    • $435,000
      3,334 SF

      New Construction Duplex Near LRAFB

      New construction duplex near Little Rock Air Force Base.
      405 & 407 E Center Street, Jacksonville, AR 72076
      View Details
    • $349,500
      3,516 SF

      Jacksonville Multi-Home Investment Opportunity

      Three single-family homes on almost two acres, long-term tenants.
      115 W Valentine, Jacksonville, AR 72076
      View Details
    • $380,000
      2,718 SF

      New Jacksonville Duplex For Sale

      New construction duplex in Jacksonville, each unit with 3 beds.
      409 & 411 E Center Street, Jacksonville, AR 72076
      View Details
    • $999,999
      8,760 SF

      Jacksonville Healthcare Investment Opportunity

      Medical sector property near Little Rock Air Force Base.
      1432 Braden Street, Jacksonville, AR 72076
      View Details

    FAQs

    What type of property is this?
    Office units - Office space near LRAFB featuring call center and storage.
    Where is this office units located?
    The property is located at 1700 General Samuels Rd Jacksonville, AR.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: Large call center featuring an open workstation area, private offices, and employee lounge.; 41 parking spaces available.; Located near the main gate of LRAFB.
    (501) 529-4969 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jeff Hathaway CCIM, SIOR
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1700 General Samuels Rd, Jacksonville, AR
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!