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Property profile & analytics
FOR SALE
Car washes

2823 Creek Dr Jonesboro, AR 72401

1,344 SF 0.54 ac lot
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US05-1305591
Property summary
AI-generated overview

This exceptional 0.54-acre lot presents a unique investment opportunity in the thriving city of Jonesboro, Arkansas. Located at 2823 Creek, this property offers significant potential for various development projects. The expansive half-acre parcel provides ample space for a range of uses, from residential construction to commercial ventures, subject to local zoning regulations. Its strategic location within Jonesboro ensures convenient access to essential amenities, transportation networks, and a vibrant community. The property's size and location make it an attractive prospect for builders, investors, or anyone seeking to establish a presence in this dynamic Arkansas city. The asking price of $359,000 reflects the property's considerable potential and prime location. Serious inquiries are encouraged to explore the possibilities this exceptional lot offers. Further due diligence is recommended to confirm zoning regulations and potential development options. This is a rare opportunity to acquire a substantial parcel of land in a desirable area of Jonesboro, poised for future growth and development. The property is being sold as-is. All interested parties are responsible for conducting their own independent inspections and verifying all information provided.

Property profile
Verified
Property type Car washes
Use group CAR WASH - AUTOMATED
Total area 1,344 SF
Lot 0.54 ac (23,522 SF)
APN 01-144213-20401
UPID US05-1305591
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Lighthouse Carwash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Elevate Id INC · 3 yrs held
Elevate Id INC
since 2022
Last sale
$160,000
1 recorded transaction
2022
$160,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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