Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1203 T P White Dr Jacksonville, AR 72076-3296

    • Warehouses
    • 5,120 SF
    • 0.26 lot acres
    OFF-MARKET
    Value Estimations
    $360,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US05-2186015
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • ACS / Television Repair Service / Electronics Store
    • W.C. Flooring Inc. / General Contractor
    • Repair4life / Repair Service

    Property Details for 1203 T P White Dr

    Year built
    1989
    Lot size
    0.26 lot acres
    Property size
    5,120 SF
    Property type
    Warehouses
    APN
    12J-027-09-001-00
    APU
    12J0270900100

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $270,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $455,000
      6.5%
      $420,000
      7%
      $390,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $376,000
      Market price range: $134k - $376k
      AI Estimate
      $428,000
      Market price range: $102k - $428k

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $230,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $405,000
      Change: +75% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.1152
    Latitude
    34.8773
    CBSA code
    30780
    CBSA name
    LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $4,496
    $6,895
    $76,665
    $83,560
    -
    $34,475
    $383,325
    $417,800

    Comparable in this City

    • Value Estimation
      $280,000
      5,000 SF

      800 School Dr

      WAREHOUSE, STORAGE • 5,000 SF
      800 School Dr, Jacksonville, AR 72076-6035
      View Details
    • Value Estimation
      $300,000
      5,000 SF

      1702 Swift Dr

      WAREHOUSE, STORAGE • 5,000 SF
      1702 Swift Dr, Jacksonville, AR 72076-2300
      View Details
    • Value Estimation by Request
      10,816 SF

      3 Warehouse Row St

      WAREHOUSE, STORAGE • 10,816 SF
      3 Warehouse Row St, Jacksonville, AR 72076-4232
      View Details
    • Value Estimation
      $250,000
      672 SF

      Centennial Rd

      WAREHOUSE, STORAGE • 672 SF
      Centennial Rd, Jacksonville, AR 72076
      View Details
    • Value Estimation
      $205,000
      2,400 SF

      23920 Hwy 107

      WAREHOUSE, STORAGE • 2,400 SF
      23920 Hwy 107, Jacksonville, AR 72076-3934
      View Details
    • Value Estimation
      $280,000
      1,600 SF

      1801 Hwy 161

      WAREHOUSE, STORAGE • 1,600 SF
      1801 Hwy 161, Jacksonville, AR 72076
      View Details

    Similar Nearby for Sale

    • $385,000
      8,100 SF

      Versatile Commercial Property in Jacksonville

      Showroom, office, and warehouse space with fenced yard for sale.
      1003 S Redmond Rd, Jacksonville, AR 72076
      View Details
    • $1,800,000
      43,230 SF

      Jacksonville Industrial Property with Expansion

      Industrial property in Jacksonville with expansion and transportation access.
      2202 N Redmond Rd, Jacksonville, AR 72076
      View Details
    • $175,000
      3,300 SF

      Turnkey Commercial Property in Jacksonville, AR

      Established commercial property with C2 zoning, ideal for various ventures.
      201 E Center St, Jacksonville, AR 72076
      View Details
    • $2,885,000
      49,875 SF

      Jacksonville Industrial Warehouse Complex

      Arkansas industrial property: 49,875 SF, 6 buildings
      0 Redmond Rd & Paradise Park Rd, Jacksonville, AR 72076
      View Details
    • $2,885,000
      49,875 SF

      Industrial Park Portfolio For Sale

      Three parcels in established industrial park near Little Rock AFB.
      2000-2200 Redmond Rd, Jacksonville, AR 72076
      View Details
    • $472,000
      8,400 SF

      Versatile Flex Building in Jacksonville

      8400 SF flex building with three suites for sale.
      801 Sandlewood Dr, Jacksonville, AR 72076
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      936 SF

      Renovated Flex Space Available

      Newly renovated flex space with storage and convenient location.
      401 S 1St St, Jacksonville, AR 72076
      View Details
    • $4,900 /Mo
      7,200 SF

      Jacksonville Commercial Space For Lease

      Versatile commercial space suitable for various business applications.
      501 S 1St St, Jacksonville, AR 72076
      View Details
    • $9 SF/Yr
      4,824 SF

      Retail Space with Ample Parking

      Retail space with excellent visibility and highway access for rent.
      2650 John Harden Dr, Jacksonville, AR 72076
      View Details
    • $550 /Mo
      1,000 SF

      Downtown Jacksonville Office/Retail Space

      Office or retail space in the heart of Jacksonville, Arkansas.
      112 S 2 Cantabury, Jacksonville, AR 72076
      View Details
    • $650 /Mo
      1,100 SF

      Downtown Jacksonville Office/Retail Space

      Office or retail space in downtown Jacksonville, move-in ready.
      112 S 2Nd St, Jacksonville, AR 72076
      View Details
    • $7 SF/Yr
      18,000 SF

      Retail Space on West Main

      Retail property for lease with pylon signage and high traffic.
      905-925 W Main St, Jacksonville, AR 72076
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1203 T P White Dr
    Jacksonville, AR 72076-3296
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.