Newly Remodeled Office
1201 Nettleton Cir Jonesboro, AR 72401
For Sale
$295,000
Newly remodeled office building offering four offices, a waiting area, and an ~800 SF open flex area.
Property Size2,220 SF
Price / SF$132.88
Days on Market340
Property Features for 1201 Nettleton Cir
General Information
- Standard status
- Active
- Size
- 2,220 SF
- Property subtype
- Office
Listing Agency:
National Land Realty
(870) 847-0945
Listed By:
Joel King · License #00030120
(870) 847-0945
Source:
Xome
Added: Aug 22, 2025
Changed: Jul 23
Last Checked: Jul 26 at 3:21AM
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 National Land Realty
Investment Insights
Based on property information with market context.
This newly remodeled office building is configured with four office spaces plus a comfortable waiting area. Interior features include a large conference room sized for an 8' conference table with 10 chairs, along with a breakroom and a bathroom positioned for convenient access from the main office. An additional approx. 800 SF open flex area is located in the back of the building, supported by the office layout.
The property is located on Nettleton Circle and is described as being among updated buildings. Parking includes four spaces in front and room for another four spaces behind the building.
The building’s arrangement combines enclosed offices with an open flex component, which may support a variety of day-to-day office needs within a single property.
The property is located on Nettleton Circle and is described as being among updated buildings. Parking includes four spaces in front and room for another four spaces behind the building.
The building’s arrangement combines enclosed offices with an open flex component, which may support a variety of day-to-day office needs within a single property.
Key Highlights
- Newly remodeled office building with 4 office spaces and a waiting area.
- Includes an approx. 800 SF open flex area plus a large conference room for an 8' conference table and 10 chairs.
- Heat pump cooling and heating listed as 3.
Financial Insights For Office B
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 | $31.4k | $14.16 |
| − Vacancy | −$3.8k | −$1.70 |
| EGI | $27.7k | $12.46 |
| − OpEx | −$6.9k | −$3.12 |
| NOI | $20.7k | $9.35 |
2,220 SF · lease $14.16/SF/yr · vacancy 12.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$296.4K
$259.3K – $345.8K
NOI $20,747 @ 7.0% cap · market cap 7.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$388.7K
$340.1K – $453.4K
NOI $27,206 @ 7.0% cap · market cap 9.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Peoples Company
Real Estate Agency
FAQs
What type of property is this?
Office building - Newly remodeled office building offering four offices, a waiting area, and an ~800 SF open flex area.
Where is this office building located?
The property is located at 1201 Nettleton Cir Jonesboro, AR.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Newly remodeled office building with 4 office spaces and a waiting area.; Includes an approx. 800 SF open flex area plus a large conference room for an 8' conference table and 10 chairs.; Heat pump cooling and heating listed as 3.
