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    2815 Longview Dr Jonesboro, AR 72401

    Sponsored
    For Sale
    $1,225,000

    Prime Jonesboro office, high ROI.

    Property size:
    4,581 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4,581 square foot executive office building, located at 2815 Longview Dr in Jonesboro, AR 72401, presents a compelling investment opportunity. Built in 2005, this single-story building sits on a spacious 29,621 square foot lot and boasts 26 parking spaces. Currently operating at 100% occupancy with a long-term lease to Simmons Bank, the property offers a strong net operating income (NOI) of $106,110, resulting in an attractive 8.66% cap rate. The asking price is $1,225,000, translating to $267.41 per square foot. Zoned C-3, this property is ideally suited for owner-users or investors seeking a stable, high-return investment. Its location in a thriving area of Jonesboro, near new developments like The Promenade at Reedmont and the Jonesboro Sportsplex, ensures high visibility and accessibility. The building's original design catered to medical/dental offices, making it adaptable to a variety of professional uses. This turnkey opportunity combines strong current income with significant future growth potential in a dynamic commercial market. The property's excellent condition and strategic location make it a rare find in the Jonesboro commercial real estate market. This is a chance to acquire a well-established, high-performing asset with a proven track record.

    Property Features for 2815 Longview Dr

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    4,581 SF

    Building Details

    Year Built
    2005
    Stories
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Bridger Kent Insurance Agency Amy Deatherage Nurse Practitioner Stonebridge Construction Construction Company

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.6905888
    Latitude
    35.8118249

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Jonesboro office, high ROI.
    Where is this office property / space located?
    The property is located at 2815 Longview Dr Jonesboro, AR.
    What is the asking price?
    The asking price for this property is $1,225,000.
    Request Owner's contact information
    2815 Longview Dr Jonesboro, AR 72401
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    Jonesboro, AR 72401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2815 Longview Dr Jonesboro, AR 72401
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