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    OFF-MARKET
    Individual retail properties

    1118 1st St, Jacksonville, AR 72076-3206

    1,064 SF 1.19 ac lot Built 1933
    Individually Owned Absentee Owner ~ Est. High Equity
    Property ID
    US05-0327987
    Property summary
    AI-generated overview

    This exceptional 1.19-acre storefront property in Jacksonville, Arkansas, presents a remarkable development opportunity. Located at 1118 N 1st St, 72076, this high-traffic location boasts immediate proximity to a brand-new highway exit off Highway 167/67, ensuring excellent visibility and accessibility. The property currently features two small buildings that can be easily removed, paving the way for new construction or redevelopment. This presents a unique chance to capitalize on the area's growth potential. Furthermore, there's potential for expansion, with an additional 2.5+ acres potentially available adjacent to the south, creating the possibility of a combined 5.5+ acre site. This prime commercial land is situated in Pulaski County and offers significant advantages for businesses seeking a prominent location with high visibility and convenient access to major transportation routes. The asking price for this exceptional property is $279,999. Don't miss this chance to acquire a highly desirable commercial property in a rapidly developing area. The property is adjacent to MLS#20012279 (1200/1204 N 1st).

    Property profile
    Verified
    Property type Individual retail properties
    Use group BARBER, HAIR SALON
    Year built 1933
    Total area 1,064 SF
    Lot 1.19 ac (51,836 SF)
    APN 12J-027-00-042-00
    UPID US05-0327987
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Justus,joe & Barbara
    Justus,joe & Barbara
    2 recorded transactions
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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