130 J F BlvdLonoke, AR 72086

Property Details for 130 J F Blvd

Year built

2010

Lot size

0.80 AC

Property size (Sq ft)

6,062 SF

Property type

Medical offices

Property subtype

Medical centers

APN

781-75015-000

APU

78175015000

Description

This exceptional 6,118-square-foot medical office building in Lonoke, Arkansas, presents a unique investment opportunity. Located at 130 J F Blvd, this single-story, 2010-built facility sits on a 0.8-acre lot and is currently vacant, offering immediate occupancy. The asking price is $950,000, translating to $155.28 per square foot. The property boasts high visibility due to its proximity to I-40, experiencing approximately 40,000 vehicles daily. The interior is well-equipped for medical use, featuring twelve exam rooms, an existing x-ray suite, a lab, and four ADA-compliant restrooms. This nearly move-in ready space is ideal for a variety of medical practices seeking a well-appointed and conveniently located facility. The building's efficient layout and existing infrastructure minimize upfront capital expenditures, allowing for a swift and cost-effective transition. This prime location and functional design make this property an attractive investment for those seeking a strong return in the thriving Arkansas medical market. The property is situated in Lonoke County, Arkansas, with a 72086 zip code.

• CAP approach

  CAP return

  Valuation

  6%

  $918,084

  6.5%

  $847,462

  7%

  $786,929

• Comparable approach

  Method

  Valuation

  Relative Method

  $472,594

  Geo Method

  $472,594

• Alternative Use

  Use

  Valuation

  Residential

  $1,050,853

  Hospitality

  $962,576

  Educational

  $800,852

  Medical

  $828,394

  Retail

  $1,245,770

Location Insight

City

Lonoke

County

Lonoke

State

Arkansas

Latitude

34.8084

Longitude

-91.8876

CBSA code

30780

CBSA name

LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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