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    3408 Gateway Cv Jonesboro, AR 72404

    Sponsored
    For Lease
    $168 SF/Yr

    New industrial warehouse, prime location.

    Lot size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 10,000-square-foot Class B warehouse is situated on a 1.04-acre lot in Jonesboro, Arkansas, at 3408 Gateway Cove, zip code 72404. The single-tenant building boasts ample space, including over 6,500 square feet of warehouse area, complemented by two offices and an open showroom. With 25 parking spaces, it offers convenient access for employees and clients. The property's zoning is commercial (APN: 01-144321-07700), ensuring flexibility for various business operations. Strategically located off Caraway Road, a major north/south artery, and just south of the Interstate 555 Bypass, this property benefits from high visibility and accessibility, with frontage on Gateway Cove experiencing approximately 14,000 cars daily. Its proximity to numerous restaurants, retail establishments, entertainment venues (including Colton's Steakhouse, Upper Crust, O'Charley's, Wendy's, Hijinx Family Entertainment Center, Malco Hollywood Cinema, and Ultimate Air Trampoline Park), and professional/government offices (such as the Social Security Administration building and Jonesboro Health and Rehabilitation Center) further enhances its appeal. This location offers excellent exposure to a substantial daily traffic count and a thriving commercial environment. The property is easily accessible from both Caraway Road and Latourette Drive. This is a rare opportunity to secure a well-positioned, modern warehouse in a rapidly developing area.

    Property Features for 3408 Gateway Cv

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,000 SF
    Class
    B
    Total Rate
    140000

    Unit(s) available at that property

    Space
    Available Space
    Size
    10,000 SF
    Rate per SF
    $168

    HighLights

    • 10,000 SF Class B warehouse on a 1.04‑acre lot in Jonesboro, AR (72404).
    • Features over 6,500 SF of warehouse space, plus offices and showroom.
    • High‑visibility location on Gateway Cove, with daily traffic count of approximately 14,000 vehicles.
    • Convenient access to I‑555 Bypass and Caraway Road.
    • Ample parking with 25 spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.6830409
    Latitude
    35.8000208

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    FAQs

    What type of property is this?
    Distribution property - New industrial warehouse, prime location.
    Where is this distribution property located?
    The property is located at 3408 Gateway Cv Jonesboro, AR.
    What is the lease rate?
    The lease rate is $168 SF/Yr.
    What are key features of this property?
    This property features: 10,000 SF Class B warehouse on a 1.04-acre lot in Jonesboro, AR (72404).; Features over 6,500 SF of warehouse space, plus offices and showroom.; High-visibility location on Gateway Cove, with daily traffic count of approximately 14,000 vehicles.
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    3408 Gateway Cv Jonesboro, AR 72404
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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
    3408 Gateway Cv Jonesboro, AR 72404
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