Office Building with Highway
For Sale
$250,000
14606 Highway 107, Jacksonville, AR 72076
Commercial / Industrial, Jacksonville, AR
Property Size1,260 SF
Lot Size0.53 Acres
Price / SF$198.41
Days on Market48
Property Features for 14606 Highway 107
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
3
Directions
Go down 107 and its 1 block past Jacksonville Cutoff on your right
Subdivision
SHERWOOD
Standard status
Active
Size
1,260 SF
Lot size
0.53 Acres
Taxes and HOA fees
Tax Description
22S0200007800
Tax Annual Amount
1010
Legal Description
22S0200007800
Building Details
Year built
1964
Floors in Building
1
Listing Agency:
Michele Phillips & Co. Realtors
(501) 834-3433
Listed By:
John Blaylock
(501) 517-3184
Added: Jul 24
Changed: Aug 19
Last Checked: Sep 9 at 12:06AM
MLS# 26030096
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.
Located at 14606 Highway 107 in Jacksonville, Arkansas, the property includes an existing 1,260-square-foot commercial building on approximately 0.53 acres. The building was constructed in 1964, and the parcel carries C-3 zoning. The site is positioned along Highway 107 with nearly 145 feet of frontage.
The existing improvements are described as adaptable to professional office, medical, retail, and service-oriented uses. The property also includes a sizable commercial lot that can accommodate parking and provides additional land area around the building. Its highway-oriented configuration combines an established structure with a comparatively larger parcel for an office-focused commercial property.
The existing improvements are described as adaptable to professional office, medical, retail, and service-oriented uses. The property also includes a sizable commercial lot that can accommodate parking and provides additional land area around the building. Its highway-oriented configuration combines an established structure with a comparatively larger parcel for an office-focused commercial property.
Key Highlights
- 1,260‑square‑foot existing commercial building
- Approximately 0.53‑acre parcel
- Nearly 145 feet of frontage on Highway 107
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$10,538
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.22%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$210,760
$210.8K
Cap Rate 7%
$150,543
$150.5K
Cap Rate 9%
$117,089
$117.1K
Market Conditions
NOI Build-Up for 1,260 SF
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.
Gross rent
$15.9K $12.60/SF
− Vacancy
−$1.8K −$1.45/SF
EGI
$14.1K $11.15/SF
− OpEx
−$3.5K −$2.79/SF
NOI
$10.5K $8.36/SF
Area
Pulaski County, AR
Vacancy
11.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$210,760
Cap Rate 7%
$150,543
Cap Rate 9%
$117,089
Alternative Uses
Best Use
Office B
$150.5K
$131.7K – $175.6K
NOI $10,538 @ 7.0% cap · market cap 4.22%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$240.3K
$210.3K – $280.4K
NOI $16,824 @ 7.0% cap · market cap 6.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
133
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - The property includes an existing building on a C-3-zoned commercial parcel with highway frontage.
Where is this office building located?
The property is located at 14606 Highway 107 Jacksonville, AR.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1,260‑square‑foot existing commercial building; Approximately 0.53‑acre parcel; Nearly 145 feet of frontage on Highway 107
