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    1512 East Washington Ave Jonesboro, AR 72401

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    For Sale
    $1,550,000

    11,250 SF multi-tenant flex property in Jonesboro, Arkansas.

    Property size:
    11,250 SF

    Property Features for 1512 East Washington Ave

    General Information

    Size
    11,250 SF

    Building Details

    Year built
    2021

    Source: Brian Califf, CCIM Agent Brian Califf, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Jonesboro Multi-Tenant Flex Property

    This 11,250 SF multi-tenant flex property is located in Jonesboro, Arkansas. Constructed in 2021, the building is 100% occupied with a strong and diverse tenant mix, delivering stable, income-producing cash flow. Each unit is designed with functionality in mind, featuring convenient roll-up doors, ample parking, and efficient circulation. Constructed with modern, low-maintenance materials, the property ensures long-term durability and appeal. Its prime location provides quick access to major thoroughfares and is surrounded by a thriving mix of retail, service, and industrial businesses that drive consistent tenant demand. This newly built facility combines modern design, strategic location, and reliable occupancy, making it an ideal turnkey investment. The property is located minutes from major thoroughfares, providing quick access across the region. It is ideal for investors seeking a turnkey property with reliable cash flow.
    Location Intelligence

    Current Use by Public Records

    Griffin Training Center Fitness Center Headliners Hair Salon Emerald's Triangle Vaporizer Store Jonesboro Grappling Association Martial Arts School Titan Roofing Roofing Contractor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.687922
    Latitude
    35.838499

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    FAQs

    What type of property is this?
    Flex space - 11,250 SF multi-tenant flex property in Jonesboro, Arkansas.
    Where is this flex space located?
    The property is located at 1512 East Washington Ave Jonesboro, AR.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: - 100% Occupied: Provides stable, income-producing cash flow from day one.; - High Stabilized Cap Rate: 13.79% offers a strong return on investment.; - Newly Constructed Facility: Built in 2021, ensuring modern design and low-maintenance operation.
    (901) 830-0421
    Request Owner's contact information
    1512 East Washington Ave Jonesboro, AR 72401
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    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
    1512 East Washington Ave Jonesboro, AR 72401
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