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Financial
Distress signals
Property profile

197 S Redmond Rd Jacksonville, AR 72076

FOR SALE
Office buildings
Property ID
US05-0371216
12,350 SF 1.87 ac lot Built 1981
Last sale Oct 2019
Trust Owned Owner of record is a trust. 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This single-tenant industrial warehouse was built in 1981 and provides a total of 12,350 SF, including 1,350 SF of office space and 11,000 SF of warehouse space. The warehouse has an 18-foot clear ceiling height and includes four external dock-high doors (two with rail access) plus two drive-in doors. The property is supported by a fully fenced parking and storage yard for vehicle staging and onsite storage. It has direct access to Hwy 57 and provides connectivity to I-440, I-40, I-530, and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$3k
Tax billed · 2024
Assessed value$60k
Assessed land$11k
Assessed improvement$48k
Effective rate5.38%

Value estimate

· Oct 2026
$285k
$257k – $314k
AI approach$285k
NOI build-up
Gross scheduled income$82k
Vacancy & credit loss−$4k
Operating expenses−$12k
NOI · 1,281.30% cap applied$66k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$105/SF
County average, outlier-cleaned · 349 recorded sales of this use type
Observed band · Q1–Q3$53 – $169

Cap rate analysis

How does the asset earn?
1,281.30%
$66k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPULASKI

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop12.9
Electrical Service10.9
Kitchen & Bath10.8

Location

197 S Redmond Rd Jacksonville, AR 72076
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2609 Cory, Jacksonville, AR 72076-4225 $550,000 Feb 2024 26,120 SF
950 Military, Jacksonville, AR 72076-5383 $3,666,000 Feb 2023 10,042 SF
315 Dupree, Jacksonville, AR 72076-4308 $300,000 Oct 2022 9,346 SF
215 Redmond, Jacksonville, AR 72076-4234 $300,000 Sep 2022 9,544 SF
700 John Harden, Jacksonville, AR 72076-3783 $1,100,000 Jan 2022 24,950 SF
300 T P White, Jacksonville, AR 72076-3271 $65,150 Jul 2021 5,400 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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