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1107 E Matthews Ave
Jonesboro, AR 72401
Office Property For Sale
Property Facts
Property Type
Office
Property Subtype
Medical
Building Size
12,512 SF
Building Class
B
Year Built
2002
Percent Leased
52%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,256 SF
Building FAR
0.34
Lot Size
0.84 AC
Zoning
C-5
Parking
47 Spaces (3.76 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Signage
- Storage Space
- Central Heating
- Natural Light
- Reception
- Hardwood Floors
- Air Conditioning
About 1107 E MATTHEWS AVE , JONESBORO, AR 72401
There are three suites on the first floor and one large suite on the second floor. The building is currently leased. One of the suites has been absorbed into one of the larger ones. The smallest suite could be returned to its original size to add additional rental income. Currently, the rental amounts for the suites are less than what a future landlord could receive. The surrounding medical area is continuously being improved, and properties nearby are renting for more. There are four 10 ton HVAC units, two of which were purchased within the last three years. The ThryssenKrupp Elevator runs at 300fpm. Outside there are 47 parking spots and an irrigation system for the spacious lawn that surrounds the building.
Property Taxes
| Parcel Number | 01-144202-16100 | Improvements Assessment | $397,065 |
| Land Assessment | $29,272 | Total Assessment | $426,337 |
Property Taxes
Parcel Number
01-144202-16100
Land Assessment
$29,272
Improvements Assessment
$397,065
Total Assessment
$426,337
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