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    OFF-MARKET
    Land

    0 Caraway Rd, Jonesboro, AR 72401

    2.38 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.38-acre commercial land parcel in Jonesboro, Arkansas, presents a unique investment opportunity. Located on South Caraway Road, this property boasts a prime location within Craighead County's bustling hospitality district, near the intersection of major thoroughfares and just seconds from I-555, ensuring high visibility and accessibility. The C-3 zoning allows for a multitude of business ventures, capitalizing on its proximity to established local, regional, and national retail, service, and hospitality businesses. This strategically positioned land offers significant potential for development or investment, benefiting from its placement in Jonesboro's premier retail district and at the west entrance to a large section of the city's hospitality sector. The property's high traffic count and convenient access to major transportation routes make it an attractive asset for businesses seeking a prominent location. With APN numbers 01-144283-08500 and 01-144283-08400, this 72401 zip code address offers unparalleled potential for growth and return on investment. The asking price is $1,095,000. Don't miss this chance to acquire a piece of Jonesboro's thriving commercial landscape.

    Property profile
    Verified
    Property type Land
    Lot 2.38 ac (103,673 SF)
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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