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7907 Jacksonville Cato Rd
Sherwood, AR 72120
Specialty Property For Sale
·
2,468 SF
PROPERTY FACTS
| Property Type | Specialty | Building Size | 2,468 SF |
| Property Subtype | Post Office | No. Stories | 1 |
| Building Class | C | Year Built | 1999 |
| Lot Size | 1.33 AC |
| Property Type | Specialty |
| Property Subtype | Post Office |
| Building Class | C |
| Lot Size | 1.33 AC |
| Building Size | 2,468 SF |
| No. Stories | 1 |
| Year Built | 1999 |
ABOUT 7907 JACKSONVILLE CATO RD , SHERWOOD, AR 72120
US Post Office built to USPS standards. Current vintage style and design post office. Lease is Landlord Maintenance. Has not been on list of post offices to be closed. USPS renewed last time and has requested to renew this time. Lease renews on 7/16/2019. This option is $49,959. Next option is $52,456 (7/17/24). Now is the time if you prefer to negotiate yourself with USPS on renewal terms. Rent is now $15.48/sq. ft, property taxes are $1.66/sq.ft reimbursed annually by USPS; maintenance is $.81/sq ft. average over 7 years; insurance .34/sq.ft. Managed by Jacksonville Post Office as annex to Jacksonville Post Office. Open 6 hours per day. USPS has right to buy post office for $440-$480,000 but it is almost never exercised.
PROPERTY TAXES
| Parcel Number | 22S-020-00-066-02 | Improvements Assessment | $99,863 |
| Land Assessment | $11,030 | Total Assessment | $110,893 |
PROPERTY TAXES
