Redmond Rd & Paradise Park Rd, Jacksonville, AR 72076
49,875 SF industrial complex on 5.85 acres for sale.
- Added:
- Jun 15, 2023
- Days on Market:
- 1118
- Last Refresh:
- May 12 at 8:22 pm
Property Features for Redmond Rd & Paradise Park Rd
General Information
- Standard status
- Active
- Size
- 49,875 SF
- Lot size
- 5.85 Acres
- Property subtype
- Industrial
Listing office Hathaway Group (501) 663-5400
Listing date Jun 15, 2023
Source Crexi
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 Hathaway Group
HighLights
- 49,875 SF industrial property on 5.85 acres.
- Multiple buildings included: 23,435 SF, 7,920 SF, and 17,920 SF.
- Located in established Paradise Park Industrial Complex.
- Multiple dock high doors and drive‑in doors.
- Ample parking spaces.
- Close proximity to Little Rock Air Force Base.
Overview
Local 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 | $329.2k | $6.60 |
| − Vacancy | −$16.0k | −$0.32 |
| EGI | $313.2k | $6.28 |
| − OpEx | −$94.0k | −$1.88 |
| NOI | $219.2k | $4.40 |
Alternative Uses
Current Use by Public Records
Map
- City
- Jacksonville
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.1561
- Latitude
- 34.9092
