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Property profile & analytics

3009 Highland Dr Jonesboro, AR 72401

  • Strip malls
  • 11,324 SF
  • 1.35 lot acres
Value Estimation
$6,235,000
Last Sale
Jun 02, 2022
$6,920,000
Location Intelligence
Property ID
US05-1078261
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

  • SKECHERS Warehouse Outlet / Shoe Store / Clothing Store
  • Mai Pai Thai Cuisine / Thai Restaurant
  • TagWorks / Pet Supply Store
  • Alterations by David's Bridal Jonesboro AR / Clothing Alteration Service
  • PetSmart / Pet Supply Store

Property Details for 3009 Highland Dr

Lot size
1.35 lot acres
Property size
11,324 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
01-144281-00800
APU
114428100800

Description

This exceptional 5,200 square foot retail space presents a rare leasing opportunity in a vibrant Jonesboro, Arkansas retail center. Located at 3009 E Highland Dr, 72401, this storefront enjoys a highly visible corner location at the intersection of Red Wolf Blvd and Highland Dr, benefiting from exposure to over 60,000 vehicles daily. The property offers convenient access from Red Wolf Blvd to the west, Highland Dr to the north, and Dayton Ave to the south. This nearly 25,000 square foot center boasts a strong tenant mix, including anchor stores PetSmart and Skechers. Additional co-tenants within the center include T-Mobile, SportSlips, Diva Nail & Spa, and Mai Pai Thai Cuisine. The property's prime location is further enhanced by its proximity to a variety of popular restaurants and retailers such as Five Guys, Cheddar's Scratch Kitchen, Ulta Beauty, Kirklands, Olive Garden, AT&T, Chili's, Target, Dillard's, and JC Penney. This space is ideal for a business seeking high visibility and strong foot traffic in a thriving retail environment. The property is classified as a multi-tenant retail storefront.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $5,705,000
  • CAP approach

    CAP return
    Estimation
    6%
    $7,090,000
    6.5%
    $6,815,000
    7%
    $7,300,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $6,710,000
    Geo Method
    $6,705,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $6,760,000
    Retail
    $6,800,000
    Mixed-Use
    $7,225,000
    Hospitality
    $7,640,000
    Educational
    $7,520,000
    Residential Income
    $7,965,000
    Energy
    $7,355,000
    Income-Based Land
    $6,350,000
    Food Service
    $7,880,000

Location Insight

  • Map
  • Local Demand
City
Jonesboro
County
Craighead
State
Arkansas
Longitude
-90.6683
Latitude
35.8207
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
$33,015
$376,358
$405,999
$782,357
-
$1,881,790
$2,029,995
$3,911,785
More about this property
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