2823 Creek DrJonesboro, AR 72401-5377

Property Details for 2823 Creek Dr

Lot size

0.54 AC

Property size (Sq ft)

1,344 SF

Property type

Retail properties

Property subtype

Other car washes

APN

01-144213-20401

APU

114421320401

Description

This exceptional 0.54-acre lot presents a unique investment opportunity in the thriving city of Jonesboro, Arkansas. Located at 2823 Creek, this property offers significant potential for various development projects. The expansive half-acre parcel provides ample space for a range of uses, from residential construction to commercial ventures, subject to local zoning regulations. Its strategic location within Jonesboro ensures convenient access to essential amenities, transportation networks, and a vibrant community. The property's size and location make it an attractive prospect for builders, investors, or anyone seeking to establish a presence in this dynamic Arkansas city. The asking price of $359,000 reflects the property's considerable potential and prime location. Serious inquiries are encouraged to explore the possibilities this exceptional lot offers. Further due diligence is recommended to confirm zoning regulations and potential development options. This is a rare opportunity to acquire a substantial parcel of land in a desirable area of Jonesboro, poised for future growth and development. The property is being sold as-is. All interested parties are responsible for conducting their own independent inspections and verifying all information provided.

• CAP approach

  CAP return

  Valuation

  6%

  $451,598

  6.5%

  $416,860

  7%

  $387,084

• Comparable approach

  Method

  Valuation

  Relative Method

  $264,041

  Geo Method

  $264,041

• Alternative Use

  Use

  Valuation

  Residential

  $351,637

  Hospitality

  $322,098

  Educational

  $267,982

  Medical

  $277,198

  Retail

  $416,860

Location Insight

City

Jonesboro

County

Craighead

State

Arkansas

Latitude

35.8257

Longitude

-90.67

CBSA code

27860

CBSA name

JONESBORO, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.