Office Unit with Private
2909 King Street, Jonesboro, AR 72401
For Sale
Contact for pricing
Configured with conference, break, and restroom areas, including ADA-compliant access.
Property Size2,540 SF
Price / SF$0.90
Days on Market74
Property Features for 2909 King Street
General Information
Standard status
Size
Property subtype
Amenities
conference area
break area
ADA entrance
Listing Agency:
Halsey Real Estate
(870) 972-9191
Listed By:
Martin Young · License #00071488
(870) 930-9017
Source:
Heilesassociatesrealtors
Added: Aug 26
Changed: Nov 3
Last Checked: Nov 6 at 8:02AM
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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Investment Insights
Based on property information with market context.
This 2,540-square-foot office unit includes multiple private offices, a dedicated conference area, a break area, and two restrooms. One entrance and restroom are ADA accessible, providing an important accessibility feature for the occupants and visitors.
Located at 2909 King Street in Jonesboro, Arkansas, the property is offered for sale. The permitted use excludes daycares and dog grooming businesses.
Located at 2909 King Street in Jonesboro, Arkansas, the property is offered for sale. The permitted use excludes daycares and dog grooming businesses.
Key Highlights
- 2,540‑square‑foot office unit at 2909 King Street
- Many private offices plus a conference area
- Break area and two restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,738
Suggested Prices Based on Cap Rates
Cap Rate 5%
$474,760
$474.8K
Cap Rate 7%
$339,114
$339.1K
Cap Rate 9%
$263,756
$263.8K
Market Conditions
NOI Build-Up for 2,540 SF
Gross rent
$36.0K $14.16/SF
− Vacancy
−$4.3K −$1.70/SF
EGI
$31.7K $12.46/SF
− OpEx
−$7.9K −$3.12/SF
NOI
$23.7K $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%
$474,760
Cap Rate 7%
$339,114
Cap Rate 9%
$263,756
Alternative Uses
Best Use
Office B
$339.1K
$296.7K – $395.6K
NOI $23,738 @ 7.0% cap · market cap 1,034.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$444.7K
$389.1K – $518.8K
NOI $31,128 @ 7.0% cap · market cap 1,356.34%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,290
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
$185,400
Median Home Value
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Market
Average Price Trend$/SF for Office Units in Jonesboro, AR
Properties on Market for Office Units in Jonesboro
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Configured with conference, break, and restroom areas, including ADA-compliant access.
Where is this office unit located?
The property is located at 2909 King Street Jonesboro, AR.
What are key features of this property?
This property features: 2,540‑square‑foot office unit at 2909 King Street; Many private offices plus a conference area; Break area and two restrooms
