423 Dupree DrJacksonville, AR 72076

Property Details for 423 Dupree Dr

Year built

1974

Lot size

0.28 AC

Property size (Sq ft)

4,864 SF

Property type

Retail properties

Property subtype

Retail space

APN

12J-080-00-023-00

APU

12J0800002300

Description

This exceptional 4,864 square foot retail property, located at 423 Dupree Dr in Jacksonville, Arkansas, presents a unique investment opportunity. Built in 1974, this single-building property sits on a 0.28-acre lot and offers ample parking with a ratio of 10 spaces per 1,000 square feet. Currently configured for mixed-use purposes, the space has previously accommodated a daycare/nursery, restaurant, and office functions, demonstrating its versatility. The asking price is $150,000, translating to a price per square foot of $30.84. Situated in a central Jacksonville location within Pulaski County (zip code 72076), this property benefits from high visibility and accessibility. The motivated seller invites all offers, making this an attractive proposition for investors seeking a flexible and potentially high-return investment. The property's adaptability allows for a variety of uses, catering to diverse business needs. With its substantial square footage and convenient location, this property is poised for significant growth and profitability. Don't miss this chance to acquire a versatile commercial space in a thriving Arkansas market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,109,572

  6.5%

  $1,024,221

  7%

  $951,062

• Comparable approach

  Method

  Valuation

  Relative Method

  $876,763

  Geo Method

  $876,763

• Alternative Use

  Use

  Valuation

  Residential

  $863,968

  Hospitality

  $791,390

  Educational

  $658,428

  Medical

  $681,072

  Retail

  $1,024,221

Location Insight

City

Jacksonville

County

Pulaski

State

Arkansas

Latitude

34.8638

Longitude

-92.1166

CBSA code

30780

CBSA name

LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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