3202 Southwest Dr, Jonesboro, AR 72404
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.
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49 South Antiques And Collectables Home Decor Store (Bike/Boat/Book/etc) Store
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.