Fenced Flex Space with
For Sale
$395,000
6680 Stadium Blvd, Jonesboro, AR 72404
Climate-controlled office space complements the shop, with two half baths, two closets, and overhead storage.
Property Size1,925 SF
Price / SF$205.19
Days on Market121
Property Features for 6680 Stadium Blvd
General Information
Standard status
Active
Size
1,925 SF
Taxes and HOA fees
Annual Taxes
$1,537
Listing Agency:
EXP Realty
7205056
Listed By:
Derek Jacobs
(870) 882-3378
Source:
Exprealty
Added: May 6
Changed: Sep 2
Last Checked: Sep 2 at 1:20AM
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 EXP Realty
Investment Insights
Based on property information with market context.
This flex property at 6680 Stadium Blvd in Jonesboro, AR includes a 1,925-square-foot shop building on 1.27 acres within the city limits. The site is enclosed by commercial fencing with barbed wire, covering approximately 1 acre, and has two full-size entry gates. The building includes two 12-by-12 insulated bay doors, a climate-controlled office, two half baths, two closets, and storage above the office, restrooms, and closets.
City water and electric service are available, along with a septic system. An existing video surveillance system supports the secured site. The property is positioned at a highly visible intersection, providing exposure from the surrounding roadway.
City water and electric service are available, along with a septic system. An existing video surveillance system supports the secured site. The property is positioned at a highly visible intersection, providing exposure from the surrounding roadway.
Key Highlights
- 1.27‑acre commercial site within the city limits
- 1,925 sq ft shop with two 12x12 insulated bay doors
- Commercial fencing with barb wire encloses approximately 1 acre
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$11,690
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.96%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$233,800
$233.8K
Cap Rate 7%
$167,000
$167.0K
Cap Rate 9%
$129,889
$129.9K
Market Conditions
NOI Build-Up for 1,925 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$19.2K $9.96/SF
− Vacancy
−$1.2K −$0.62/SF
EGI
$18.0K $9.34/SF
− OpEx
−$6.3K −$3.27/SF
NOI
$11.7K $6.07/SF
Area
Craighead County, AR
Vacancy
6.20%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$233,800
Cap Rate 7%
$167,000
Cap Rate 9%
$129,889
Alternative Uses
Best Use
Flex RnD
$167.0K
$146.1K – $194.8K
NOI $11,690 @ 7.0% cap · market cap 2.96%
Second Best
Warehouse
$133.4K
$116.8K – $155.7K
NOI $9,341 @ 7.0% cap · market cap 2.36%
Theoretical Best
Office A
$337.0K
$294.9K – $393.2K
NOI $23,591 @ 7.0% cap · market cap 5.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
75
Businesses Nearby
Well-served
Demand for This Use
Explore this area
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Climate-controlled office space complements the shop, with two half baths, two closets, and overhead storage.
Where is this flex space located?
The property is located at 6680 Stadium Blvd Jonesboro, AR.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 1.27‑acre commercial site within the city limits; 1,925 sq ft shop with two 12x12 insulated bay doors; Commercial fencing with barb wire encloses approximately 1 acre
