1421 S Caraway Road, Jonesboro, AR 72401
Mixed Use - Jonesboro, AR
- Added:
- Jan 8, 2026
- Days on Market:
- 155
- Last Refresh:
- Jun 12 at 1:06 pm
Property Features for 1421 S Caraway Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Mixed Use
- Parking
- 15
- Standard status
- Active
- APN
- 01-144204-00400
- Size
- 12,000 SF
- Lot size
- 0.93 Acres
Taxes and HOA fees
- Tax Annual Amount
- 0
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
Building Details
- Building materials
- Brick
- Architectural style
- Other
Listing agent Carroll Caldwell License #00001692 (870) 931-8233
Listing office Coldwell Banker Village Communities Inc 2704 S Culberhouse St, Jonesboro, AR (870) 935-7800
Listing date Jan 8, 2026
Copyright © 2026 Northeast Arkansas Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime location on Caraway Road with high visibility.
- High traffic count of approximately 25,000 vehicles per day.
- Located in an active trade area of Jonesboro.
- 12,279 square feet of space suitable for various businesses.
- Adjoins McDonald's.
- Surrounded by national retailers and restaurants (Burger King, Old Navy, Walmart, etc.).
Overview
The property benefits from strong visibility and is described as having estimated traffic counts of approximately 25,000 vehicles per day. It also adjoins McDonald’s and sits within a broader mix of quick-service and full-service restaurants, along with national and regional retailers.
For tenants, buyers, and operators, the location’s retail adjacency and high daily traffic make this offering well suited for retail or service concepts that depend on drive-by exposure and frequent consumer visitation. Surrounding retailers referenced in the offering include Burger King, Old Navy, HomeGoods, TJ Maxx, Natural Grocers, Kroger, Sherwin-Williams, Plaza Tire, Texas Roadhouse, Walmart, and Sam’s Club.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $155.5k | $12.96 |
| − Vacancy | −$9.5k | −$0.79 |
| EGI | $146.0k | $12.17 |
| − OpEx | −$43.8k | −$3.65 |
| NOI | $102.2k | $8.52 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Jonesboro
- County
- Craighead
- State
- Arkansas
- Longitude
- -90.678147
- Latitude
- 35.8268
