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    OFF-MARKET
    Medical Office Space

    1109 Burman Dr, Jacksonville, AR 72076-4386

    5,138 SF 0.55 ac lot Built 1975
    Trust Owned 22-yr Hold Free & Clear
    Property ID
    US05-0719116
    Property summary
    AI-generated overview

    This single-story, 5,138-square-foot office building is situated on a 0.56-acre lot at 1109 Burman Drive in Jacksonville, Arkansas, 72076. Built in 1975, the Class C property offers a highly visible location with exceptional traffic counts. An estimated 10,000 vehicles pass daily on West Main Street, and over 60,000 vehicles travel daily on Highway 67. The building boasts three curb-cut entrances, a private drive encircling the structure, and ample parking for 24 vehicles. Currently vacant, this property presents a unique opportunity for immediate occupancy. The asking price is $308,000, translating to $59.95 per square foot. The property's APN is 12J-041.00-083.00. This is a single-unit building with immediate availability starting January 17, 2024. The property's high visibility and convenient access make it an ideal investment for a variety of businesses.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1975
    Total area 5,138 SF
    Lot 0.55 ac (23,958 SF)
    APN 12J-041-00-083-00
    UPID US05-0719116
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Dr. Andrea J. Eberle, MD Physician
    • Cassandra L. Ingram, MS Physician Medical Clinic
    • Lisa Reed Foster Care Service Social Service Agency
    • Antoinette Hodges Foster Care Service Social Service Agency
    • Syreeta Tucker Foster Care Service Social Service Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    First Arkansas Bank & Trust · 22 yrs held
    First Arkansas Bank & Trust
    since 2004
    3 recorded transactions
    2020
    2004
    $324,612
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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