Flex Space with Drive-In
New
For Sale
Contact for pricing
617 N JP Wright Loop Rd, Jacksonville, AR 72076
A freestanding commercial building combines finished office and showroom space with a separate warehouse area and paved parking.
Property Size5,000 SF
Lot Size0.46 Acres
Price / SF$106
Days on Market5
Property Features for 617 N JP Wright Loop Rd
General Information
Standard status
Active
Size
5,000 SF
Lot size
0.46 Acres
Property subtype
INDUSTRIAL
Site & Location
Corner Location
Yes
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Warehouse Space
2,200 SF
Office Build-Out
2,800 SF
Drive-In Doors
1
Amenities
grade-level drive-in door
on-site paved parking
Building Details
Buildings
1
Building Size
5,000 SF
Listing Agency:
Hathaway Group
(501) 663-5400
Listed By:
David Hathaway
(501) 529-4868
Source:
Moodyscre
Added: Oct 5
Changed: Oct 7
Last Checked: Oct 7 at 2:21PM
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 Hathaway Group
Investment Insights
Based on property information with market context.
This freestanding flex property contains approximately 5,000 square feet on 0.46± acres. The layout includes 2,800 square feet of finished office and showroom space, plus 2,200 square feet of warehouse area. Air conditioning serves the office and showroom, and the warehouse has a grade-level drive-in door. Paved parking is available on site.
At the corner of N JP Wright Loop Road and Northgate Drive, the property has access from both streets. It sits in Jacksonville’s main retail corridor near Walmart, Lowe’s, Kroger, and Harbor Freight, with I-57 (Hwy 67/167) minutes away.
At the corner of N JP Wright Loop Road and Northgate Drive, the property has access from both streets. It sits in Jacksonville’s main retail corridor near Walmart, Lowe’s, Kroger, and Harbor Freight, with I-57 (Hwy 67/167) minutes away.
Key Highlights
- Approximately 5,000± SF freestanding building on 0.46± AC
- 2,800 SF of finished office and showroom space; both areas are air conditioned
- 2,200 SF warehouse with a grade‑level drive‑in door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,142
Cap Rate
8.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$922,840
$922.8K
Cap Rate 7%
$659,171
$659.2K
Cap Rate 9%
$512,689
$512.7K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$70.2K $14.04/SF
− Vacancy
−$4.3K −$0.86/SF
EGI
$65.9K $13.18/SF
− OpEx
−$19.8K −$3.96/SF
NOI
$46.1K $9.23/SF
Area
Pulaski County, AR
Vacancy
6.10%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$922,840
Cap Rate 7%
$659,171
Cap Rate 9%
$512,689
Alternative Uses
Best Use
Retail
$659.2K
$576.8K – $769.0K
NOI $46,142 @ 7.0% cap · market cap 8.71%
Second Best
Flex RnD
$433.8K
$379.5K – $506.1K
NOI $30,363 @ 7.0% cap · market cap 5.73%
Theoretical Best
Specialty Retail
$953.8K
$834.5K – $1.11M
NOI $66,763 @ 7.0% cap · market cap 12.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
29
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 72076, AR
38,443
Population
17,780
Households
2.2
Avg Household Size
37
Median Age
22%
College-Educated
90%
High-School Grad
72.7 sq mi
ZIP Area
529
Density / Sq Mi
$53,048
Median Household Income
$36,189
Median Earnings
$917
Median Rent
$155,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - A freestanding commercial building combines finished office and showroom space with a separate warehouse area and paved parking.
Where is this flex space located?
The property is located at 617 N JP Wright Loop Rd Jacksonville, AR.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: Approximately 5,000± SF freestanding building on 0.46± AC; 2,800 SF of finished office and showroom space; both areas are air conditioned; 2,200 SF warehouse with a grade‑level drive‑in door
