Four-Unit Strip
For Sale
$399,000
4504 E Nettleton Avenue, Jonesboro, AR 72401
Commercial / Industrial, Jonesboro, AR
Property Size3,200 SF
Lot Size0.31 Acres
Price / SF$124.69
Days on Market93
Property Features for 4504 E Nettleton Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
From caraway, Travel E on Highland, Turn R on Nettleton. Property is located on the L
Subdivision
Jonesboro J
Standard status
Active
Size
3,200 SF
Lot size
0.31 Acres
Taxes and HOA fees
Tax Description
DUNCANS SUB BLK 13 THORN ADD L
Legal Description
DUNCANS SUB BLK 13 THORN ADD L
Building Details
Year built
1990
Floors in Building
1
Listing Agency:
Dustin White Realty
(870) 594-4367
Listed By:
Dustin White · License #PB00080059
(870) 219-2858
Added: Jul 6
Changed: Oct 5
Last Checked: Oct 6 at 1:06AM
MLS# 26027187
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.
Investment Insights
Based on property information with market context.
This 3,200-square-foot strip center contains four commercial units within a property built in 1990. The configuration supports a range of retail, office, salon, service, and professional uses, with parking available on site. The property occupies approximately 0.31 acres and offers a manageable footprint for an owner-user or investor seeking a small commercial asset.
Located at 4504 E Nettleton Avenue in Jonesboro, the property fronts a corridor described as a connector to surrounding neighborhoods, schools, commercial areas, and major routes. Street visibility and access to nearby areas add practical convenience for commercial occupancy, while the four-unit layout provides flexibility for multiple occupants or a combined user strategy.
Located at 4504 E Nettleton Avenue in Jonesboro, the property fronts a corridor described as a connector to surrounding neighborhoods, schools, commercial areas, and major routes. Street visibility and access to nearby areas add practical convenience for commercial occupancy, while the four-unit layout provides flexibility for multiple occupants or a combined user strategy.
Key Highlights
- Four‑unit strip center with 3,200 square feet
- Built in 1990
- Approximately 0.31 acres
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.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
4
Office units
Multi-tenant
Tenancy
Yes
Paved road access
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Strip mall - The property accommodates retail, office, salon, service, and professional commercial uses with on-site parking.
Where is this strip mall located?
The property is located at 4504 E Nettleton Avenue 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 center with 3,200 square feet; Built in 1990; Approximately 0.31 acres
