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Property profile & analytics
FOR LEASE
Strip malls

2126 N 1St St Jacksonville, AR 72076

21,960 SF 6.49 ac lot Built 1993
Individually Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US05-0434749
Property summary
AI-generated overview

Jacksonville Crossing Shopping Center, located at 2126 N 1st St, Jacksonville, AR 72076, offers a prime retail and office opportunity. This Class B property, built in 1975 and renovated in 2010, comprises two single-story buildings totaling 49,293 square feet. Six spaces are currently available, ranging from 1,125 to 3,900 contiguous square feet, with a minimum divisible space of 1,125 square feet. The center boasts high visibility and traffic, situated at the intersection of First Street and Vandenburg, at the entrance to the Air Force Base, and directly adjacent to Lowe's Home Center. Shared parking is available with neighboring businesses including Bargain Hunt, Planet Fitness, and Dirt Cheap. The property is zoned C3 and features electric power. While primarily suited for retail and service businesses, spaces can be adapted for office or other uses. Annual property taxes are $0.71 per square foot. The property's APN is J120100005100. This location offers exceptional visibility and access to a large customer base. The property is easily accessible from JP White Drive and Hwy 67/167.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1993
Total area 21,960 SF
Lot 6.49 ac (282,704 SF)
APN 12J-010-00-051-00
UPID US05-0434749
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
  • Access Rehab & Therapy Services Physician
  • Dapper Than Grooming Lounge and Salon Barber Shop
  • Sweat More Fitness Studio Gym & Fitness Center
  • Terry Mikolajczak Foster Care Service Social Service Agency
  • Ice World Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.83M
Blend (final) Blend
$2.24M
Owner & transaction history
Arkansas State Highway Commission · 5 yrs held
Arkansas State Highway Commission
since 2021
Last sale
$29,500
3 recorded transactions
2021
$29,500
2017
Price N/A
2010
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $2.9M +67.3%
Office building $2.3M +33.2%
Auto repair, garage $2.2M +28.4%
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