Flex Building with Shop and
15 Jsb Circle Greenbrier, AR 72058
15 Jsb Circle, Greenbrier, AR, 72058
$274,000
For Sale
$274,000
A 3,200+/- sft building with centrally heated/cooled living quarters and shop space with two 14-foot overhead doors.
Property Size3,200 SF
Price / SF$85.63
Days on Market25
Property Features for 15 Jsb Circle
General Information
- Standard status
- Active
- Size
- 3,200 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 2007
Listing agency
Coldwell Banker Premier Realty
(479) 747-1290
Listed by
Dylan Stanley · License #EB00067111
(479) 747-1290
Source
Exitrealty
Added: Jun 27 Updated: Jul 20 at 6:10PM Checked: Jul 21 at 4:18AM
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 Premier Realty
Investment Insights
Based on property information with market context.
This versatile commercial property includes centrally heated and cooled living quarters plus attached shop space within a 100' x 40' building. The living area totals 1,600 sft and features five bedrooms, a full kitchen, and a laundry area. Above the living quarters there is additional decked storage space.
The remaining 1,600 sft is dedicated shop space and includes 220-volt electrical service, a wash sink, overhead lighting, and propane gas, along with two 14-foot overhead doors. Outside, there is an attached 20' x 40' covered carport for parking or workspace.
The property is described as conveniently located off Highway 65 in Greenbrier, AR. It presents a mixed-use configuration suitable for users seeking both operational space and on-site living within the same structure.
The remaining 1,600 sft is dedicated shop space and includes 220-volt electrical service, a wash sink, overhead lighting, and propane gas, along with two 14-foot overhead doors. Outside, there is an attached 20' x 40' covered carport for parking or workspace.
The property is described as conveniently located off Highway 65 in Greenbrier, AR. It presents a mixed-use configuration suitable for users seeking both operational space and on-site living within the same structure.
Key Highlights
- 3,200+/- SF commercial building built in 2007 with living quarters plus shop space
- 1,600 SF centrally heated/cooled living area with 5 bedrooms, full kitchen, and laundry area
- 1,600 SF shop space includes 220‑volt electrical service, wash sink, overhead lighting, and propane gas
Local Financial Insights For Mixed Use
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 | $42.2k | $13.20 |
| − Vacancy | −$3.8k | −$1.19 |
| EGI | $38.4k | $12.01 |
| − OpEx | −$14.4k | −$4.50 |
| NOI | $24.0k | $7.51 |
3,200 SF · lease $13.20/SF/yr · vacancy 9.00% · expense 37.50%
Alternative Uses
Best Use
Office B
$573.3K
$501.6K – $668.9K
NOI $40,131 @ 7.0% cap · market cap 14.65%
Second Best
Mixed Use
$343.2K
$300.3K – $400.4K
NOI $24,024 @ 7.0% cap · market cap 8.77%
Theoretical Best
Office A
$729.9K
$638.7K – $851.5K
NOI $51,092 @ 7.0% cap · market cap 18.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - A 3,200+/- sft building with centrally heated/cooled living quarters and shop space with two 14-foot overhead doors.
Where is this flex space located?
The property is located at 15 Jsb Circle Greenbrier, AR.
What is the asking price?
The asking price for this property is $274,000.
What are key features of this property?
This property features: 3,200+/- SF commercial building built in 2007 with living quarters plus shop space; 1,600 SF centrally heated/cooled living area with 5 bedrooms, full kitchen, and laundry area; 1,600 SF shop space includes 220‑volt electrical service, wash sink, overhead lighting, and propane gas
