Building Details

Floors in Building 1

Number of units 1

Listing Agency: Jonesboro Realty Company Show Phone

Listed By: Josh Olson Show Phone

Added: May 6 Changed: Oct 23 Last Checked: Oct 25 at 11:06PM

Report an Issue

MLS# 10129481

Copyright © 2026 Northeast Arkansas Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$7,294

Cap Rate

6.95%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$145,880 $145.9K

Cap Rate 7%

$104,200 $104.2K

Cap Rate 9%

$81,044 $81.0K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,216 SF

Gross rent

$14.2K $11.64/SF

− Vacancy

−$892 −$0.73/SF

EGI

$13.3K $10.91/SF

− OpEx

−$6.0K −$4.91/SF

NOI

$7.3K $6.00/SF

Area

Craighead County, AR

Vacancy

6.30%

Lease Rate

$11.64 /SF/Yr

Expense Ratio

45.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$145,880

Cap Rate 7%

$104,200

Cap Rate 9%

$81,044

Alternative Uses

Best Use

Apartment 5plus

$104.2K

$91.2K – $121.6K (±1% cap)

NOI $7,294 @ 7.0% cap · market cap 6.95%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$212.9K

$186.3K – $248.4K (±1% cap)

NOI $14,902 @ 7.0% cap · market cap 14.21%

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

Suggested Use

Top Pick Dental Office Bakery Kitchen & Bath Showroom Storage Facility (Bike/Boat/Book/etc) Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,408

Businesses Nearby

Explore this area Business Placement

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

Similar For Sale Nearby

See more

Jonesboro, AR Rental Home Package

4 Single Family Rental House Package, Jonesboro, AR 72401

$552,000

5,175 SF

View details

New Residential Income Condo

3021 Olivia Court, Jonesboro, AR 72404

$192,900

1,216 SF

View details

Residential Income Property with Covered Patio

4701 Antosh Circle, Jonesboro, AR 72401

$194,900

1,253 SF

View details

Two-Bedroom Residential Income Property

3100 Olivia Court, Jonesboro, AR 72404

$185,000

1,280 SF

View details

4-Unit Multifamily Property

2411 High St, Jonesboro, AR 72401

$159,000

1,334 SF

View details

Residential Income Property with Sunroom

2711 Greenbriar Drive, Jonesboro, AR 72401

$179,900

1,377 SF

View details

Updated Ranch Condo

4000 Ridgepointe Cove, Jonesboro, AR 72404

$299,900

1,310 SF

View details

Drive-Through Restaurant Property

4818 E Highland Dr, Jonesboro, AR 72401

$590,000

1,250 SF

View details

Tenant-Occupied Duplex

605-607 Alfred Watkins St, Jonesboro, AR 72405

$145,000

1,734 SF

View details

Renovated Duplex

816 N Church Street, Jonesboro, AR 72401

$148,141

1,856 SF

View details

Office Unit With Private Offices

1217 W Parker Suite D, Jonesboro, AR 72404

Contact for pricing

1,250 SF

View details

Warehouse with Two Roll-Up Doors

103 N Fisher, Jonesboro, AR 72401

Contact for pricing

1,470 SF

View details

Frequently Asked Questions

Where is this single family property located?

The property is located at 725 Burke Jonesboro, AR.

What is the asking price?

The asking price for this property is $104,900.