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Financial
Distress signals
Property profile

2929 S Caraway Rd 5 Jonesboro, AR 72401

FOR SALE
Strip malls
Property ID
US05-0501161
53,978 SF 2.67 ac lot
Last sale May 2021 · $2,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This commercial retail suite is located within a multi-tenant shopping center anchored by a medical cannabis dispensary. The suite size begins at approximately 1,275 square feet and is set up to allow tenant-specific custom build-outs, subject to negotiated terms. The shopping center is situated at the corner of S. Caraway Road and a Browns Lane access road and provides visibility from I-555; traffic counts referenced include about 36,000 vehicles per day on I-555 and about 24,000 vehicles per…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$39k
Tax billed · 2024
Assessed value$817k
Assessed land$157k
Assessed improvement$661k
Effective rate4.80%

Value estimate

· Oct 2026
$2.19M
$1.97M – $2.41M
AI approach$2.32M
Submarket $/SF estimate$1.64M
NOI build-up
Gross scheduled income$17k
Vacancy & credit loss−$1k
Operating expenses−$5k
NOI · 77,578.57% cap applied$11k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$134/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$88 – $189

Cap rate analysis

How does the asset earn?
77,578.57%
$11k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCRAIGHEAD

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store10.8
Tailor Shop9.7
HVAC Service9.6

Location

2929 S Caraway Rd, Unit 5 Jonesboro, AR 72401
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1904 Grant, Jonesboro, AR 72401-6160 $1,450,000 Dec 2023 15,000 SF
2800 Heady, Jonesboro, AR 72401 $10,072,175 Aug 2022 69,840 SF
3009 Highland, Jonesboro, AR 72401-6257 $6,920,000 Jun 2022 25,306 SF
2816 Crk, Jonesboro, AR 72401-5377 $2,006,700 May 2022 11,300 SF
1506 Washington, Jonesboro, AR 72401-3255 $1,300,000 Feb 2022 11,350 SF
1000 Caraway, Jonesboro, AR 72401-4403 $800,000 Jun 2021 26,640 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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