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    2929 S Caraway Suite 2 & 3 Jonesboro, AR 72401

    For Lease
    $10 SF/Yr ($2,125 /Mo)

    Lease - Jonesboro, AR

    Property size:
    2,550 SF
    Days on Market:
    213
    Last Refresh:
    Dec 11 at 6:06 am

    Property Features for 2929 S Caraway Suite 2 & 3

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Parking
    50
    Size
    2,550 SF

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Floors in Building
    2
    Building materials
    Brick, Stucco
    Roof type
    Other, See Remarks
    Architectural style
    Other

    Coldwell Banker Village Communities (870) 935-7800

    Listing agent Chase Copeland (870) 935-7800

    Listing date May 13, 2025

    MLS# 25018733 Listing URL

    Copyright © 2025 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Jonesboro, AR

    This retail property is located at the corner of S. Caraway Road and Browns Lane access road. The location provides visibility from I-555 and convenient access for customers. The property is anchored by a medical cannabis dispensary. The location experiences traffic counts of 36,000 cars per day along I-555 and 24,000 cars per day on Caraway Road. The property is suitable for medical, office, or retail businesses. Units start at 1,275 square feet. The owner is open to custom build-outs to accommodate tenant needs, subject to negotiated terms. The property offers potential for growing a business.
    Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Map

    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.679678
    Latitude
    35.809363

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    FAQs

    What type of property is this?
    Neighborhood center - High-visibility retail space with strong foot traffic and flexible build-out options.
    Where is this neighborhood center located?
    The property is located at 2929 S Caraway Suite 2 & 3 Jonesboro, AR.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - High-visibility location at the corner of S. Caraway Road and Browns Lane access road, with excellent exposure from I-555.; - Anchored by CROP medical cannabis dispensary, generating strong daily foot traffic.; - High traffic counts: 36,000 CPD on I-555 and 24,000 CPD on Caraway.
    (870) 935-7800
    Request Owner's contact information
    2929 S Caraway Suite 2 & 3 Jonesboro, AR 72401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2929 S Caraway Suite 2 & 3 Jonesboro, AR 72401
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