Updated Office Units with Open
300 Cate Ave, Jonesboro, AR 72401
For Sale
Contact for pricing
Commercial / Industrial, Jonesboro, AR
Property Size1,888 SF
Lot Size0.19 Acres
Price / SF$0.01
Days on Market226
Property Features for 300 Cate Ave
General Information
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Size
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Listing Agency:
Halsey Real Estate
(870) 972-9191
Listed By:
Taylor Wilson · License AR #00086756
(870) 926-4588
Added: Apr 1
Changed: Oct 20
Last Checked: Nov 12 at 7:06AM
MLS# 26021195
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.
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Investment Insights
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Built in 2008, this 1,888-square-foot office property provides a practical mix of enclosed offices, open work areas, and a welcoming reception zone. Updated interior finishes support a professional presentation, while the layout can accommodate office-based operations, wellness services, small businesses, or creative teams.
The property occupies 0.19 acres at 300 Cate Ave in downtown Jonesboro. It is near the courthouse, St. Bernards, Arkansas State University, restaurants, and retail shops. Private parking is available on-site, with additional public parking nearby for employees and visitors.
The property occupies 0.19 acres at 300 Cate Ave in downtown Jonesboro. It is near the courthouse, St. Bernards, Arkansas State University, restaurants, and retail shops. Private parking is available on-site, with additional public parking nearby for employees and visitors.
Key Highlights
- 1,888‑square‑foot office property on 0.19 acres
- Updated interior finishes with multiple office areas
- Open workspace and front reception area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,644
Suggested Prices Based on Cap Rates
Cap Rate 5%
$352,880
$352.9K
Cap Rate 7%
$252,057
$252.1K
Cap Rate 9%
$196,044
$196.0K
Market Conditions
NOI Build-Up for 1,888 SF
Gross rent
$26.7K $14.16/SF
− Vacancy
−$3.2K −$1.70/SF
EGI
$23.5K $12.46/SF
− OpEx
−$5.9K −$3.12/SF
NOI
$17.6K $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%
$352,880
Cap Rate 7%
$252,057
Cap Rate 9%
$196,044
Alternative Uses
Best Use
Office B
$252.1K
$220.6K – $294.1K
NOI $17,644 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$330.5K
$289.2K – $385.6K
NOI $23,138 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
2,002
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 - Downtown office property with private rooms, flexible work areas, and a reception space for visitors.
Where is this office unit located?
The property is located at 300 Cate Ave Jonesboro, AR.
What are key features of this property?
This property features: 1,888‑square‑foot office property on 0.19 acres; Updated interior finishes with multiple office areas; Open workspace and front reception area
