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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

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.
More about this property
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