Customizable Office
1414 Jaxon #2, Jonesboro, AR 72404
For Sale
Contact for pricing
The multi-tenant building is under construction, with build-outs tailored to occupants’ operational requirements.
Property Size1,253 SF
Price / SF$0.02
Days on Market16
Property Features for 1414 Jaxon #2
General Information
Standard status
Size
Property subtype
Additional Details
Property Use
Building Details
Tenancy
Listing Agency:
Coldwell Banker Village Communities
(870) 935-7800
Listed By:
Chase Copeland · License #AB00095147
(870) 819-6395
Source:
Heilesassociatesrealtors
Added: Oct 23
Changed: Nov 3
Last Checked: Nov 6 at 8:02AM
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 Coldwell Banker Village Communities
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office space is part of a multi-tenant building now being constructed, with pre-leasing available. Custom build-outs can be configured to suit operational requirements.
The property is within the Southern Hills Mixed-Use Development in Jonesboro. The surrounding development includes national retailers, local businesses, single-family homes, and planned Class A multifamily units. A trail network for walking and biking connects the development.
The property is within the Southern Hills Mixed-Use Development in Jonesboro. The surrounding development includes national retailers, local businesses, single-family homes, and planned Class A multifamily units. A trail network for walking and biking connects the development.
Key Highlights
- Office space in a multi‑tenant building under construction
- Pre‑leasing available
- Custom build‑outs can be tailored to operational requirements
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,710
Suggested Prices Based on Cap Rates
Cap Rate 5%
$234,200
$234.2K
Cap Rate 7%
$167,286
$167.3K
Cap Rate 9%
$130,111
$130.1K
Market Conditions
NOI Build-Up for 1,253 SF
Gross rent
$17.7K $14.16/SF
− Vacancy
−$2.1K −$1.70/SF
EGI
$15.6K $12.46/SF
− OpEx
−$3.9K −$3.12/SF
NOI
$11.7K $9.35/SF
Area
Craighead County, AR
Vacancy
12.00%
Lease Rate
$14.16 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$234,200
Cap Rate 7%
$167,286
Cap Rate 9%
$130,111
Alternative Uses
Best Use
Office B
$167.3K
$146.4K – $195.2K
NOI $11,710 @ 7.0% cap · market cap 43,370.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$219.4K
$192.0K – $255.9K
NOI $15,356 @ 7.0% cap · market cap 56,874.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
55
Businesses Nearby
Explore this area
Business Placement
Demographics for 72404, AR
29,344
Population
12,518
Households
2.3
Avg Household Size
35
Median Age
34%
College-Educated
93%
High-School Grad
128.0 sq mi
ZIP Area
229
Density / Sq Mi
$67,000
Median Household Income
$40,373
Median Earnings
$938
Median Rent
$236,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Jonesboro, AR
Properties on Market for Office Units in Jonesboro
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The multi-tenant building is under construction, with build-outs tailored to occupants’ operational requirements.
Where is this office unit located?
The property is located at 1414 Jaxon #2 Jonesboro, AR.
What are key features of this property?
This property features: Office space in a multi‑tenant building under construction; Pre‑leasing available; Custom build‑outs can be tailored to operational requirements
