Single-Tenant Industrial
For Sale
$1,350,000
197 S Redmond, Jacksonville, AR 72076
COMMERCIAL - Jacksonville, AR
Property Size12,350 SF
Lot Size1.87 Acres
Price / SF$109.31
Days on Market73
Property Features for 197 S Redmond
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Office and Industrial, General Commercial
Exterior features
Partially Fenced, Outside Storage Area, Guttering, Overhead Doors, Loading Dock
Fencing
Partial
Lot features
Level
Directions
Travel north on I-57 (Hwy 67) towards Jacksonville. After passing the ingress of I-440, Redmond Rd is the 1st exit. Use the Redmond Rd "exit only" lane. At the stop sign, turn left and proceed a short distance to 197 S Redmond. Property is on your right.
Subdivision
JACKSONVILLE
Standard status
Active
APN
22J0180003400
Size
12,350 SF
Lot size
1.87 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
3N-11-25 metes and bounds
Tax Annual Amount
3663
Legal Description
3N-11-25 metes and bounds
Building Details
Year built
1981
Floors in Building
1
Flooring type
Concrete, Vinyl
Roof type
Built-Up
Additional Structures
Storage
Listing Agency:
United Real Estate - Central AR
(501) 747-1532
Listed By:
Katherine Hardison
(501) 412-7221
Added: May 19
Changed: Jul 30
Last Checked: Jul 30 at 6:06PM
MLS# 26021468
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.
This single-tenant industrial warehouse totals 12,350 square feet and was built in 1981. The facility includes approximately 1,350 square feet of office space and 11,000 square feet of warehouse space, with an 18' clear ceiling height. Loading is supported by four external dock-high doors, including two with rail access, plus two drive-in doors. A fully fenced parking and storage yard is also included.
The property sits on 1.87 acres in Jacksonville, Arkansas, with direct access to Hwy 57. Connectivity is described to I-440, I-40, I-530, and I-30. On-site Union Pacific rail access provides linkage to UP’s broader network. The remarks also note proximity to the Port of Little Rock for river freight access via the Arkansas River, and adjacency to Little Rock Air Force Base, supporting contracting and supply needs for defense-related operations.
The property sits on 1.87 acres in Jacksonville, Arkansas, with direct access to Hwy 57. Connectivity is described to I-440, I-40, I-530, and I-30. On-site Union Pacific rail access provides linkage to UP’s broader network. The remarks also note proximity to the Port of Little Rock for river freight access via the Arkansas River, and adjacency to Little Rock Air Force Base, supporting contracting and supply needs for defense-related operations.
Key Highlights
- 12,350 SF industrial warehouse on 1.71 acres in Jacksonville, AR
- Built in 1981 with 1,350 SF office and 11,000 SF warehouse space
- 18' clear ceiling height with 4 external dock‑high doors (2 with rail access) and 2 drive‑in doors
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 | $155.6k | $12.60 |
| − Vacancy | −$17.9k | −$1.45 |
| EGI | $137.7k | $11.15 |
| − OpEx | −$34.4k | −$2.79 |
| NOI | $103.3k | $8.36 |
12,350 SF · lease $12.60/SF/yr · vacancy 11.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.48M
$1.29M – $1.72M
NOI $103,286 @ 7.0% cap · market cap 7.65%
Second Best
Warehouse
$941.8K
$824.0K – $1.10M
NOI $65,923 @ 7.0% cap · market cap 4.88%
Theoretical Best
Specialty Retail
$2.36M
$2.06M – $2.75M
NOI $164,904 @ 7.0% cap · market cap 12.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
325
Businesses Nearby
Well-served
Demand for This Use
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
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Frequently Asked Questions
What type of property is this?
Warehouse - Single-tenant industrial warehouse with office space, high clear height, multiple dock-high and drive-in doors, and a fenced yard.
Where is this warehouse located?
The property is located at 197 S Redmond Jacksonville, AR.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 12,350 SF industrial warehouse on 1.71 acres in Jacksonville, AR; Built in 1981 with 1,350 SF office and 11,000 SF warehouse space; 18' clear ceiling height with 4 external dock‑high doors (2 with rail access) and 2 drive‑in doors
