0 Caraway Rd, Jonesboro, AR 72401
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.
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.