2411 RaceJonesboro, AR 72401

  • Retail properties
  • 11,192 SF
For Lease
$67,200/SF/YR View listing

Property Details for 2411 Race

Year built
2022
Lot size
1.71 AC
Property size (Sq ft)
11,192 SF
Property type
Retail properties
Property subtype
Strip malls
APN
01-144283-00811
APU
114428300811

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,760,632
    6.5%
    $3,471,353
    7%
    $3,223,399
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,198,771
    Geo Method
    $2,198,771
  • Alternative Use

    Use
    Valuation
    Residential
    $2,928,216
    Hospitality
    $2,682,230
    Educational
    $2,231,584
    Medical
    $2,308,332
    Retail
    $3,471,353
2411 Race, Jonesboro, Arkansas
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Location Insight

City
Jonesboro
County
Craighead
State
Arkansas
Latitude
35.8134
Longitude
-90.6765
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
$21,963
$201,118
$282,768
$483,886
-
$1,005,590
$1,413,840
$2,419,430

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