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    1815 1st St Jacksonville, AR 72076-2858
    Property profile & analytics

    1815 1st St Jacksonville, AR 72076-2858


    • Drive through restaurants
    • 2,580 SF
    • 0.74 lot acres
    Off-Market
    Last Sale May 5, 2022
    $1,200,000
    Property ID
    US05-0338743
    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.

    Value Estimations
    $1,175,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Domino's Pizza / Take-out & Catering

    Property Details for 1815 1st St

    Year built
    2016
    Lot size
    0.74 lot acres
    Property size
    2,580 SF
    Property type
    Drive through restaurants
    APN
    12J-026-01-022-12
    APU
    12J0260102212

    Description

    This exceptional investment opportunity presents a 2,580 square foot Whataburger restaurant located at 1815 N 1st St, Jacksonville, AR 72076. Boasting a 20-year absolute NNN lease commencing December 15, 2024, and expiring December 14, 2044, this property offers significant long-term stability. The lease includes a 10% rent increase every five years, ensuring consistent growth in income. The property sits on a 0.77-acre lot and includes 30 parking spaces. Built in 2016 and renovated in 2024, the Whataburger operates 24 hours a day with a dual drive-thru lane. The property enjoys exceptional visibility and access, situated along I-57 with a daily traffic count of 65,100 vehicles. Its strategic location near the Little Rock Air Force Base, a Walmart Supercenter, and other national retailers like Lowe's, Kroger, and Starbucks, ensures high traffic and strong brand recognition. The primary trade area boasts 70,441 residents with an average household income of $80,111. The property generates a Net Operating Income (NOI) of $235,000, resulting in a 6.10% cap rate. The tenant, a franchisee, is affiliated with K-Mac Enterprises, a significant operator in the fast-food industry. This is a 100% occupied, single-tenant property with zero landlord responsibilities. The property is part of the Little Rock-Conway-North Little Rock MSA, a region with 771,000 residents, and is only 15 miles from downtown Little Rock. This is a truly exceptional opportunity for a passive income investment with significant upside potential.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,155,000
      ML approach
      $1,140,000

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


    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.1083
    Latitude
    34.8841
    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
    $13,765
    $52,286
    $203,564
    $255,850
    -
    $261,430
    $1,017,820
    $1,279,250
    More about this property
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