Industrial Warehouse with Office
197 S Redmond Rd Jacksonville, AR 72076
197 S Redmond Rd, Jacksonville, AR, 72076
$1,350,000
For Sale
$1,350,000
Single-tenant warehouse with office space, 18' clear ceiling, dock-high and drive-in doors, plus a fully fenced yard.
Property Size12,350 SF
Lot Size1.71 Acres
Price / SF$109.31
Days on Market55
Property Features for 197 S Redmond Rd
General Information
- Standard status
- Active
- Size
- 12,350 SF
- Lot size
- 1.71 Acres
Listing agency
United Real Estate - Central AR
(501) 412-7221
Listed by
Katherine Hardison
(501) 412-7221
Source
Exprealty
Added: May 28 Updated: Jul 20 at 4:56PM Checked: Jul 20 at 4:56PM
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 United Real Estate - Central AR
Investment Insights
Based on property information with market context.
For sale: a single-tenant industrial warehouse built in 1981, featuring 1,350 SF of office space and 11,000 SF of warehouse area on 1.71 acres. The facility offers an 18' clear ceiling height and a functional loading configuration with 4 external dock-high doors (2 with rail access) and 2 drive-in doors. A fully fenced parking and storage yard supports day-to-day staging and operations.
The property is accessed directly from Hwy 57 and positioned for regional connectivity to I-440, I-40, I-530, and I-30. On-site Union Pacific rail access connects operators to UP’s national network for inbound and outbound shipping. Additional multimodal support is described as close proximity to the Port of Little Rock, offering river freight access via the Arkansas River. The site is located in the Jacksonville/Sherwood industrial corridor and is adjacent to Little Rock Air Force Base.
Overall, the building’s mix of warehouse height, dock and drive-in access, rail connectivity, and fenced yard is designed to support manufacturing, distribution, or storage operations.
The property is accessed directly from Hwy 57 and positioned for regional connectivity to I-440, I-40, I-530, and I-30. On-site Union Pacific rail access connects operators to UP’s national network for inbound and outbound shipping. Additional multimodal support is described as close proximity to the Port of Little Rock, offering river freight access via the Arkansas River. The site is located in the Jacksonville/Sherwood industrial corridor and is adjacent to Little Rock Air Force Base.
Overall, the building’s mix of warehouse height, dock and drive-in access, rail connectivity, and fenced yard is designed to support manufacturing, distribution, or storage operations.
Key Highlights
- 12,350 SF single‑tenant industrial warehouse on 1.71 acres in Jacksonville, AR
- Built in 1981 with 1,350 SF office space and 11,000 SF warehouse space
- 18' clear ceiling height plus 4 external dock‑high doors (2 with rail access) and 2 drive‑in doors
Local 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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Distribution centers
Similar For Sale Nearby
Similar Off Market Nearby
- Budget Mini Storage Jacksonville — 140 municipal dr, jacksonville, ar 72076
- Redmond Road Storage — 207 S Redmond Rd, Jacksonville, AR 72076
- Budget Mini Warehouse - Jacksoville Location — goodsell dr, jacksonville, ar 72076
- Budget Mini Storage - Jacksonville — 2102 Goodsell Dr, Jacksonville, AR 72076
FAQs
What type of property is this?
Warehouse - Single-tenant warehouse with office space, 18' clear ceiling, dock-high and drive-in doors, plus a fully fenced yard.
Where is this warehouse located?
The property is located at 197 S Redmond Rd 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 single‑tenant industrial warehouse on 1.71 acres in Jacksonville, AR; Built in 1981 with 1,350 SF office space and 11,000 SF warehouse space; 18' clear ceiling height plus 4 external dock‑high doors (2 with rail access) and 2 drive‑in doors
