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Financial
Distress signals
Property profile

2408 Phillips Dr Jonesboro, AR 72401

FOR SALE
Office buildings
Property ID
US05-1127681
5,040 SF 0.56 ac lot
Last sale Aug 2016 · $425,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$5k
Tax billed · 2024
Assessed value$100k
Assessed land$44k
Assessed improvement$56k
Effective rate4.80%

Value estimate

· Oct 2026
$270k
$243k – $297k
NOI build-up
Gross scheduled income$35k
Vacancy & credit loss−$4k
Operating expenses−$8k
NOI · 778.80% cap applied$23k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$112/SF
ZIP average, outlier-cleaned · 86 recorded sales of this use type
Observed band · Q1–Q3$57 – $174

Cap rate analysis

How does the asset earn?
778.80%
$23k 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.

JurisdictionCRAIGHEAD

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.6
Convenience Store10.6
Veterinary Clinic9.3

Location

2408 Phillips Dr Jonesboro, AR 72401
County assessor Recorded deeds · 4 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5706 Commerce, Jonesboro, AR 72401-9631 $640,000 Oct 2025 4,000 SF
312 Main, Jonesboro, AR 72401-2909 $87,500 Jun 2025 6,336 SF
2320 Washington, Jonesboro, AR 72401-9298 $250,000 Dec 2024 5,000 SF
Browns Ln Access, Jonesboro, AR 72401 $1,728,594 Oct 2024 4,190 SF
2210 Fowler, Jonesboro, AR 72401-6115 $822,000 Sep 2024 4,909 SF
328 Church, Jonesboro, AR 72401-2912 $648,699 Mar 2024 6,612 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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