3408 Gateway Cv Jonesboro, AR 72404
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.