Sumo Lp Jonesboro, AR 72401
- Land
- 1.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Sumo Lp
- Lot size
- 1.00 lot acres
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jonesboro
- County
- Craighead
- State
- Arkansas
- Longitude
- -90.6704
- Latitude
- 35.8123
