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    OFF-MARKET
    Retail properties & Spaces

    3202 Southwest Dr, Jonesboro, AR 72404

    8,400 SF 0.45 ac lot Built 1960
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Retail properties & Spaces
    Year built 1960
    Total area 8,400 SF
    Lot 0.45 ac (19,602 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
    Current use
    Occupant on record · Public records
    • 49 South Antiques And Collectables Home Decor Store (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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