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2804 Longview Dr, Jonesboro, AR 72401
For-sale office property located at 2804 Longview in Jonesboro, Arkansas.
Property Size9,224 SF
Price / SF$1.33
Days on Market181
Property Features for 2804 Longview Dr
General Information
Standard status
Active
Size
9,224 SF
Building Details
Year Built
2001
Listing Agency:
Halsey Real Estate
Listed By:
Martin Young · License #00071488
(870) 930-9017
Source:
Pcsingtolittlerock
Added: Apr 24
Changed: Oct 16
Last Checked: Oct 7 at 4:57PM
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 Halsey Real Estate
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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 offering is for a for-sale office building/office space property within the commercial real estate category. The listing information reflects that the asset can be considered in both office building and office space formats, making it suitable for office-oriented occupancy depending on the specific configuration.
The property is located at 2804 Longview in Jonesboro, Arkansas. Additional details such as building size, layout, condition, parking, and interior improvements are not provided in the available information, so prospective tenants and buyers should request the full fact sheet to confirm the specifications for their use.
For underwriting and site planning, confirm the property’s current structure and any available office-ready features directly with the listing broker.
The property is located at 2804 Longview in Jonesboro, Arkansas. Additional details such as building size, layout, condition, parking, and interior improvements are not provided in the available information, so prospective tenants and buyers should request the full fact sheet to confirm the specifications for their use.
For underwriting and site planning, confirm the property’s current structure and any available office-ready features directly with the listing broker.
Key Highlights
- 2001‑built office property at 2804 Longview in Jonesboro, Arkansas
- 1.45‑acre lot with landscaped grounds
- 35 paved parking spaces and paved driveway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,204
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,724,080
$1.7M
Cap Rate 7%
$1,231,486
$1.2M
Cap Rate 9%
$957,822
$957.8K
Market Conditions
NOI Build-Up for 9,224 SF
Gross rent
$130.6K $14.16/SF
− Vacancy
−$15.7K −$1.70/SF
EGI
$114.9K $12.46/SF
− OpEx
−$28.7K −$3.12/SF
NOI
$86.2K $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%
$1,724,080
Cap Rate 7%
$1,231,486
Cap Rate 9%
$957,822
Alternative Uses
Best Use
Office B
$1.23M
$1.08M – $1.44M
NOI $86,204 @ 7.0% cap · market cap 700.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.61M
$1.41M – $1.88M
NOI $113,042 @ 7.0% cap · market cap 919.04%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
865
Businesses Nearby
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Business Placement
Demographics for 72401, AR
43,127
Population
19,328
Households
2.2
Avg Household Size
33
Median Age
23%
College-Educated
89%
High-School Grad
88.5 sq mi
ZIP Area
487
Density / Sq Mi
$43,412
Median Household Income
$32,970
Median Earnings
$897
Median Rent
$185,400
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - For-sale office property located at 2804 Longview in Jonesboro, Arkansas.
Where is this office building located?
The property is located at 2804 Longview Dr Jonesboro, AR.
What are key features of this property?
This property features: 2001‑built office property at 2804 Longview in Jonesboro, Arkansas; 1.45‑acre lot with landscaped grounds; 35 paved parking spaces and paved driveway
