Property summary
This exceptional Jonesboro retail property offers 8,400 square feet across two buildings situated on a 0.45-acre lot with 15 parking spaces. Boasting 135 feet of highway frontage on Southwest Drive, this prime location benefits from high visibility and easy access to major roadways, connecting to Little Rock and Memphis. Currently occupied by a successful long-term tenant, this owner-user investment presents a rare opportunity. The property features a larger 7,100+ square foot building and a smaller 1,300+ square foot building, allowing for multiple lease opportunities or expansion. Zoned C-3, this property is ideally positioned in Jonesboro's Southwest Business District, near the Shoppes at Parker and Southern Hills Development, and minutes from desirable lifestyle amenities and Valley View Schools. Built in 1960, the property includes ample square footage, making it suitable for a variety of retail uses. The asking price is $849,000, translating to $101.07 per square foot. The property's APN is 01-143361-01200. This is a unique chance to acquire a well-established retail property in a thriving area of Jonesboro, Arkansas.
Property profile
VerifiedCap rate & NOI
Current use
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Home Decor Store (Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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