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Flex Space with Office Area
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3102 Fox Road, Jonesboro, AR 72404

A combined warehouse and office layout includes two overhead doors for practical access.

Property Size9,000 SF
Price / SF$0.00
Days on Market58

Property Features for 3102 Fox Road

General Information

Standard status Active
Size 9,000 SF
Property subtype Warehouse

Additional Details

Office Build-Out 1,100 SF
Property Use Flex Space
Listing Agency: Halsey Real Estate
Listed By: Jon Moore · License #SA00055730
Source: Dustinwhiterealty
Added: Sep 7 Changed: Oct 31 Last Checked: Oct 31 at 2:25PM

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

Rey
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Investment Insights

Based on property information with market context.

This flex property in south Jonesboro contains 9,000 square feet, combining warehouse space with approximately 1,100 square feet of office area. Two overhead doors serve the building.

The property is near 555 and is located at 3102 Fox Road in Jonesboro, Arkansas.

Key Highlights

  • 9,000 square feet of flex space
  • Approximately 1,100 square feet of office area
  • Two overhead doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$35,967
Suggested Prices Based on Cap Rates
Cap Rate 5%
$719,340 $719.3K
Cap Rate 7%
$513,814 $513.8K
Cap Rate 9%
$399,633 $399.6K
Market Conditions
NOI Build-Up for 9,000 SF
Gross rent
$54.0K $6.00/SF
− Vacancy
−$2.6K −$0.29/SF
EGI
$51.4K $5.71/SF
− OpEx
−$15.4K −$1.71/SF
NOI
$36.0K $4.00/SF
Area
Craighead County, AR
Vacancy
4.85%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$719,340
Cap Rate 7%
$513,814
Cap Rate 9%
$399,633

Alternative Uses

Best Use
Flex RnD
$780.8K
$683.2K – $910.9K (±1% cap)
NOI $54,654 @ 7.0% cap · market cap 683,175.00%
Second Best
Warehouse
$623.9K
$545.9K – $727.9K (±1% cap)
NOI $43,674 @ 7.0% cap · market cap 545,925.00%
Theoretical Best
Office A
$1.58M
$1.38M – $1.84M (±1% cap)
NOI $110,297 @ 7.0% cap · market cap 1,378,712.50%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

AA venue Hotel & Motel The Storehouse, Inc (Bike/Boat/Book/etc) Store Schwegman Office Supply ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Parking Lot & Garage Furniture & Home Goods Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

259
Businesses Nearby
Balanced
Demand for This Use

Demographics for 72404, AR

29,344
Population
12,518
Households
2.3
Avg Household Size
35
Median Age
34%
College-Educated
93%
High-School Grad
128.0 sq mi
ZIP Area
229
Density / Sq Mi
$67,000
Median Household Income
$40,373
Median Earnings
$938
Median Rent
$236,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Similar Off Market Nearby

  • Yessuh BBQ & More Catering, LLC. — 2401 E Parker Rd, Jonesboro, AR 72404

Frequently Asked Questions

What type of property is this?
Flex space - A combined warehouse and office layout includes two overhead doors for practical access.
Where is this flex space located?
The property is located at 3102 Fox Road Jonesboro, AR.
What are key features of this property?
This property features: 9,000 square feet of flex space; Approximately 1,100 square feet of office area; Two overhead doors
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