Automotive Shop with Eight
714 S Gee Street Jonesboro, AR 72401
For Sale
Contact for pricing
3500 SF automotive shop with eight bays for sale.
Property Size3,500 SF
Price / SF$82.57
Days on Market70
Property Features for 714 S Gee Street
General Information
Standard status
Active
Size
3,500 SF
Property subtype
Industrial
Building Details
Year Built
2005
Listing Agency:
CENTURY 21 PORTFOLIO
Listed By:
Rhonda McNabb · License #AR SA00075366
Source:
Crexi
Added: May 19
Changed: Jul 10
Last Checked: Jul 23 at 5:48AM
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 CENTURY 21 PORTFOLIO
Investment Insights
Based on property information with market context.
This 3500-square-foot building is suitable for expanding an existing automotive business or establishing a new shop. It features a total of eight bays, with six equipped with auto lifts and two open shop areas for tasks not requiring lifts. The sixteen-foot outside walls can accommodate large trucks, and three twenty-two-foot doors facilitate easy entry. The property includes a large customer waiting room, an office, a parts room, a kitchen area, and two restrooms. Approximately 330 square feet of upstairs storage space is available for larger parts. This shop has potential for attracting business and growing an automotive business.
Key Highlights
- 3,500 sq ft automotive shop with 8 bays.
- Six bays are equipped with auto lifts.
- Sixteen‑foot outside walls accommodate large trucks.
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.0k | $6.00 |
| − Vacancy | −$1.0k | −$0.29 |
| EGI | $20.0k | $5.71 |
| − OpEx | −$6.0k | −$1.71 |
| NOI | $14.0k | $4.00 |
3,500 SF · lease $6.00/SF/yr · vacancy 4.85% · expense 30.00%
Alternative Uses
Best Use
Retail
$425.9K
$372.7K – $496.9K
NOI $29,815 @ 7.0% cap · market cap 10.32%
Second Best
Industrial
$199.8K
$174.8K – $233.1K
NOI $13,987 @ 7.0% cap · market cap 4.84%
Theoretical Best
Office A
$612.8K
$536.2K – $714.9K
NOI $42,893 @ 7.0% cap · market cap 14.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- A & J Automotive — 714 S Gee St, Jonesboro, AR 72401
- Latinos Gee Street Auto Repair — S Gee St, Jonesboro, AR 72401
- Big Wheel Customs — 1921 W Matthews Ave, Jonesboro, AR 72401, United States
- Bruner's Glass Plus — 700 S Gee St, Jonesboro, AR 72401
- Mid-South Auto Service — 909 S Gee St, Jonesboro, AR 72401
Frequently Asked Questions
What type of property is this?
Auto shop - 3500 SF automotive shop with eight bays for sale.
Where is this auto shop located?
The property is located at 714 S Gee Street Jonesboro, AR.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: 3,500 sq ft automotive shop with **8 bays**.; **Six bays are equipped with auto lifts.**; Sixteen‑foot outside walls accommodate large trucks.
