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Property profile & analytics
OFF-MARKET Estimated value $3,335,000
Community centers

915 Main St Jacksonville, AR 72076-4025

37,982 SF 2.48 ac lot Built 1965
Trust Owned 19-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US05-0523953
Property summary
AI-generated overview

Jacksonville Plaza, a prime retail investment opportunity, presents a 37,862-square-foot shopping center located at 915 West Main Street, Jacksonville, Arkansas 72076. This single-story, 1965-built property sits on a 2.48-acre lot and boasts a strong 100% occupancy rate with seven tenants under a triple-net (NNN) lease structure. The property generates a substantial net operating income (NOI) of $241,395, yielding a compelling 9.68% capitalization rate. Strategically positioned at a signalized intersection on a major Jacksonville arterial, with convenient access to Highway 67/167, the center benefits from high visibility and ample parking. Prominent pylon signage on Main Street further enhances its marketing potential. This core investment presents a stable and attractive return for discerning investors seeking a well-established, fully occupied retail asset in a thriving Arkansas market. The property's strong tenant mix and location contribute to its consistent performance and long-term growth prospects. The asking price is $2,495,000.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1965
Total area 37,982 SF
Lot 2.48 ac (108,029 SF)
APN 12J-041-00-072-00
UPID US05-0523953
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
  • Discount Bins Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.44M
Blend (final) Blend
$3.34M
Owner & transaction history
First Arkansas Bank & Trust · 19 yrs held
First Arkansas Bank & Trust
since 2007
6 recorded transactions
2017
Price N/A
2007
$500,000
2006
$2.3M
2005
$435,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $5.0M +67.3%
Office building $4.0M +33.2%
Auto repair, garage $3.8M +28.4%
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