Four-Unit Strip
For Sale
$399,000
4504 E Nettleton Ave, Jonesboro, AR 72401
On-site parking with access to surrounding neighborhoods, schools, commercial areas, and major routes.
Property Size3,200 SF
Price / SF$124.69
Days on Market116
Property Features for 4504 E Nettleton Ave
General Information
Standard status
Active
Size
3,200 SF
Listing Agency:
Dustin White Realty
5944367
Listed By:
Dustin White · License #PB00080059
(870) 219-2858
Source:
Exprealty
Added: Jul 6
Changed: Oct 25
Last Checked: Oct 28 at 3:04PM
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 Dustin White Realty
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Investment Insights
Based on property information with market context.
This four-unit strip mall at 4504 E Nettleton Ave in Jonesboro contains approximately 3,200 square feet on about 0.31 acres. The property was built in 1990 and includes convenient parking and street exposure along East Nettleton Avenue.
The site connects with surrounding neighborhoods, schools, commercial areas, and major routes. Its configuration is described as suitable for retail, office, salon, service, and professional uses, providing a range of potential commercial applications within a compact property.
The site connects with surrounding neighborhoods, schools, commercial areas, and major routes. Its configuration is described as suitable for retail, office, salon, service, and professional uses, providing a range of potential commercial applications within a compact property.
Key Highlights
- Four‑unit strip mall with approximately 3,200 SF
- Built in 1990 on approximately 0.31 acres
- On‑site parking included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,260
Cap Rate
6.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$545,200
$545.2K
Cap Rate 7%
$389,429
$389.4K
Cap Rate 9%
$302,889
$302.9K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$41.5K $12.96/SF
− Vacancy
−$2.5K −$0.79/SF
EGI
$38.9K $12.17/SF
− OpEx
−$11.7K −$3.65/SF
NOI
$27.3K $8.52/SF
Area
Craighead County, AR
Vacancy
6.10%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$545,200
Cap Rate 7%
$389,429
Cap Rate 9%
$302,889
Alternative Uses
Best Use
Retail
$389.4K
$340.8K – $454.3K
NOI $27,260 @ 7.0% cap · market cap 6.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$560.2K
$490.2K – $653.6K
NOI $39,217 @ 7.0% cap · market cap 9.83%
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
Location Intelligence
Trade Area within ½ mile
336
Businesses Nearby
14k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
9,655 visits/mo
0.2 miles
Citgo
Shops & Services
3,131 visits/mo
0.1 miles
Citgo
Shops & Services
1,426 visits/mo
0.0 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Strip mall - On-site parking with access to surrounding neighborhoods, schools, commercial areas, and major routes.
Where is this strip mall located?
The property is located at 4504 E Nettleton Ave Jonesboro, AR.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Four‑unit strip mall with approximately 3,200 SF; Built in 1990 on approximately 0.31 acres; On‑site parking included
