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    OFF-MARKET
    Land

    0 Sumo Lp, Jonesboro, AR 72401

    1 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1-acre commercial lot presents a remarkable opportunity in Jonesboro, Arkansas. Located in a high-traffic area between the newly constructed 99-room Residence Inn and American Freight (formerly FFO Home), this property boasts unparalleled visibility and accessibility. Situated on Sumo Loop, it offers convenient access from both Red Wolf Boulevard and Race Street, benefiting from exposure to over 41,000 vehicles daily. The site is part of a larger master-planned development anchored by the successful Sumo Japanese Steakhouse and the recently opened Smalls Sliders. This strategic location places the property across from established restaurants like Red Lobster and Longhorn Steakhouse, ensuring high foot traffic and brand recognition. The property's zoning is PD-C, and its APN is 01-144283-08910. The asking price is $425,000, but the owner is open to a build-to-suit arrangement, valuing the land at $250,000 in such a scenario. This presents a unique opportunity for developers seeking a prime location with high visibility and significant potential for return on investment. The lot is conveniently located near a major signalized intersection, further enhancing its accessibility and appeal. This is a rare chance to secure a highly desirable commercial property in a thriving Jonesboro location.

    Property profile
    Verified
    Property type Land
    Lot 1 ac (43,560 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
    AI Approach AI
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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