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Property profile & analytics

2500 Alexander Dr Jonesboro, AR 72401-7175

  • Strip malls
  • 11,750 SF
OFF-MARKET
Last Sale
Jun 27, 2022
$1,800,000
Value Estimations
$1,560,000
Show details
Cap Rate Potential
8.4%
Strip malls
Location Intelligence
Property ID
US05-2094772
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Safe Ship / Graphic Designer / Invitation Printing Service
  • Ag Resource Management / Financial Institution / Insurance Agency
  • Gramling Law Firm, PLC / Law Firm
  • Beth Gramling Sanders / Copywriting Service / Marketing Consultant
  • Pleth, LLC / Advertising Agency / Marketing Agency

Property Details for 2500 Alexander Dr

Property size
11,750 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
01-143252-01201
APU
114325201201

Description

This exceptional 1,500-square-foot office space is available for lease within the prestigious Christian Creek Commons Business Park in Jonesboro, Arkansas. Located at 2500 Alexander Drive, this Class A property offers a highly visible location, easily accessible from Interstate 555, a major thoroughfare with over 24,000 vehicles passing daily. The space is part of an 11,810-square-foot building and is ideal for a variety of uses, including traditional office, executive office, or medical office settings. The layout includes multiple private offices, a dedicated conference room, a convenient break area, two restrooms, a server room, and a large open area suitable for a bullpen or other flexible workspace configurations. Christian Creek Commons is a well-established business park, home to a diverse range of professional and retail tenants, creating a thriving and reputable business environment. This space presents a unique opportunity to establish a presence in a highly sought-after location within a successful and easily accessible business park in Jonesboro, Arkansas. The property's zip code is 72401. This listing represents a single available space within a multi-tenant building.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $1,485,000
    ML approach
    $1,405,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $2,070,000
    6.5%
    $1,910,000
    7%
    $1,775,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,973,000
    Market price range: $1.03M - $2.22M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Jonesboro
County
Craighead
State
Arkansas
Longitude
-90.3457
Latitude
35.9611
CBSA code
27860
CBSA name
JONESBORO, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$13,658
$46,234
$277,406
$323,640
-
$231,170
$1,387,030
$1,618,200
More about this property
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