Property profile

409 Illinois St Harrisburg, AR 72432

OFF-MARKET
Office buildings
Property ID
US05-1759678
1,800 SF 0.16 ac lot Built 2007
Entity Owned 18-yr Hold Free & Clear
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Property summary

AI-generated overview

This property is a 1,800-square-foot mission-critical facility located at 409 S Illinois St in Harrisburg, Arkansas. The building is configured for medical use and includes patient sleeping areas (beds), bathrooms, laundry facilities, and backup power generation. The space is identified as HIPAA-compliant and includes operational support features typical of healthcare environments. It has infrastructure elements for heating, ventilation, and air conditioning, and includes provisions for backup generator support. The property’s responsibilities are structured such that the operator typically covers operating expenses such as common area maintenance, taxes, insurance, utilities, and routine repairs, while the landlord’s responsibilities are limited to maintaining structural components (including the roof and structural system) and HVAC replacement in the event of failure.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2007
Total area 1,800 SF
Lot 0.16 ac (6,970 SF)
APN 111-00561-0000
UPID US05-1759678

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

409 Illinois St Harrisburg, AR 72432-2307
Harrisburg metro Census 490501 JONESBORO, AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2007
1 recorded transaction
2007
$1,156

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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