Warehouse Suite with Roll-Up
3218 Neil Circle Suite B, Jonesboro, AR 72401
For Sale
Contact for pricing
A bathroom and roll-up door support a range of warehouse and service functions.
Property Size2,500 SF
Price / SF$0.90
Days on Market578
Property Features for 3218 Neil Circle Suite B
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Additional Details
Warehouse Space
Property Use
Amenities
roll up door
bathroom
Building Details
Building Size
Stories
Listing Agency:
Coldwell Banker Village Communities
(870) 935-7800
Listed By:
Austin Bethune · License #SA00095353
(870) 919-7692
Source:
Esqbrokers
Added: Apr 11, 2025
Changed: Nov 7
Last Checked: Nov 8 at 4:45AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,500-square-foot warehouse suite includes a roll-up door and a bathroom. The space is described for warehouse storage, auto service, painting service, and construction-related use.
Key Highlights
- 2,500 square feet of warehouse space
- Roll‑up door and bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,991
Suggested Prices Based on Cap Rates
Cap Rate 5%
$199,820
$199.8K
Cap Rate 7%
$142,729
$142.7K
Cap Rate 9%
$111,011
$111.0K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$15.0K $6.00/SF
− Vacancy
−$727 −$0.29/SF
EGI
$14.3K $5.71/SF
− OpEx
−$4.3K −$1.71/SF
NOI
$10.0K $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%
$199,820
Cap Rate 7%
$142,729
Cap Rate 9%
$111,011
Alternative Uses
Best Use
Flex RnD
$216.9K
$189.8K – $253.0K
NOI $15,182 @ 7.0% cap · market cap 674.76%
Second Best
Warehouse
$173.3K
$151.7K – $202.2K
NOI $12,132 @ 7.0% cap · market cap 539.20%
Theoretical Best
Office A
$437.7K
$383.0K – $510.6K
NOI $30,638 @ 7.0% cap · market cap 1,361.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
783
Businesses Nearby
Well-served
Demand for This Use
Explore this area
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
$185,400
Median Home Value
Market
Average Price Trend$/SF for Warehouses in Jonesboro, AR
Properties on Market for Warehouses in Jonesboro
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Self-Storage at U-Haul — 1700 Red Wolf Blvd, Jonesboro, AR 72401
- Copper Safe Storage — 3213 Whitman St, Jonesboro, AR 72401
- Affordable Self Storage — 3213 Whitman St, Jonesboro, AR 72401
Frequently Asked Questions
What type of property is this?
Warehouse - A bathroom and roll-up door support a range of warehouse and service functions.
Where is this warehouse located?
The property is located at 3218 Neil Circle Suite B Jonesboro, AR.
What are key features of this property?
This property features: 2,500 square feet of warehouse space; Roll‑up door and bathroom
