Office Suite with Private
3127 Southwest Drive, Jonesboro, AR 72404
For Sale
Contact for pricing
A 2014 duplex-style office unit includes a kitchenette, two restrooms, and an open work area.
Property Size2,074 SF
Price / SF$0.01
Days on Market312
Property Features for 3127 Southwest Drive
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Site & Location
Highway Access
Road Access
Additional Details
Property Use
Amenities
Handicapped Design
In-Unit Bathroom
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
Coldwell Banker Village Communities
(870) 935-7800
Listed By:
Chase Copeland · License #AB00095147
(870) 819-6395
Source:
Carolynrussellrealestate
Added: Dec 31, 2025
Changed: Nov 3
Last Checked: Nov 6 at 3:54AM
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 Coldwell Banker Village Communities
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Investment Insights
Based on property information with market context.
This 2,074-square-foot office unit has a duplex-style layout with 10 private offices, a kitchenette, two private restrooms, and a large open work area. Built in 2014, the property is zoned Central Business, C-3.
The building fronts U.S. 49, also known as Southwest Drive, with approximately 24,000 CPD. It is positioned between The Shops at Parker and the Southern Hills Mixed-Use Development. Nearby businesses include medical offices, retail, quick-service restaurants, banks, and service-oriented tenants.
The building fronts U.S. 49, also known as Southwest Drive, with approximately 24,000 CPD. It is positioned between The Shops at Parker and the Southern Hills Mixed-Use Development. Nearby businesses include medical offices, retail, quick-service restaurants, banks, and service-oriented tenants.
Key Highlights
- 2,074 SF office unit with a duplex‑style layout
- 10 private offices, a kitchenette, two private restrooms, and a large open work area
- Built in 2014; zoned Central Business, C‑3
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,383
Suggested Prices Based on Cap Rates
Cap Rate 5%
$387,660
$387.7K
Cap Rate 7%
$276,900
$276.9K
Cap Rate 9%
$215,367
$215.4K
Market Conditions
NOI Build-Up for 2,074 SF
Gross rent
$29.4K $14.16/SF
− Vacancy
−$3.5K −$1.70/SF
EGI
$25.8K $12.46/SF
− OpEx
−$6.5K −$3.12/SF
NOI
$19.4K $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%
$387,660
Cap Rate 7%
$276,900
Cap Rate 9%
$215,367
Alternative Uses
Best Use
Office B
$276.9K
$242.3K – $323.1K
NOI $19,383 @ 7.0% cap · market cap 96,915.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$363.1K
$317.7K – $423.6K
NOI $25,417 @ 7.0% cap · market cap 127,085.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
193
Businesses Nearby
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Business Placement
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
$236,300
Median Home Value
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Market
Average Price Trend$/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 - A 2014 duplex-style office unit includes a kitchenette, two restrooms, and an open work area.
Where is this office unit located?
The property is located at 3127 Southwest Drive Jonesboro, AR.
What are key features of this property?
This property features: 2,074 SF office unit with a duplex‑style layout; 10 private offices, a kitchenette, two private restrooms, and a large open work area; Built in 2014; zoned Central Business, C‑3
