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    1319 Red Wolf Blvd Jonesboro, AR 72401-4584
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    Property profile & analytics

    1319 Red Wolf Blvd Jonesboro, AR 72401-4584


    • Strip malls
    • 15,540 SF
    • 1.50 lot acres
    Off-Market
    Last Sale Jul 2, 2021
    $3,000,000
    Property ID
    US05-1291301
    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.

    Value Estimations
    $2,795,000
    Show details
    Cap Rate Potential
    6.3%
    Strip malls
    Location Intelligence

    Current Use by Public Records

    • Jimmy John's / Take-out & Catering / Catering Service
    • AR Cannabis Clinic | MMJ Card | Cannabis Card | Arkansas Marijuana Card / Medical Clinic
    • Ichiya Asian Bistro / Restaurant
    • Integrative Allergy and Wellness / Envisage Body / Spa & Massage Center / Alternative Medicine Practice
    • Stripes Spa & Nail Care / Nail Salon

    Property Details for 1319 Red Wolf Blvd

    Lot size
    1.50 lot acres
    Property size
    15,540 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    01-144211-01602
    APU
    114421101602

    Description

    This Class A, 15,285 square foot multi-tenant commercial building offers a 1,750 square foot office space for lease. Located at 1319 Red Wolf Blvd, Jonesboro, AR 72401, this property boasts a prime location in the Metro Centre, situated between the Mall at Turtle Creek and Arkansas State University. The building is zoned C-3 and sits on a 1.51-acre lot (APN: 01-144211-01602). Red Wolf Boulevard is a major thoroughfare in Jonesboro, known for its high concentration of restaurants, retail businesses, and offices. The property benefits from exceptional visibility and convenient access to a variety of amenities, including nearby Slim Chickens, Popeye's, Andy's Frozen Custard, Olive Garden, Chick-fil-A, Chili's, Target, and Walgreens. The existing tenant mix includes a diverse range of businesses, such as AR Cannabis Clinic, Envisage Med Spa, Stripes Spa & Nail Care, Sai Thai Cuisine, and Jimmy John's Gourmet Sandwiches. This presents a unique opportunity to establish a presence in a thriving commercial area with high foot traffic and strong brand recognition. The property is suitable for traditional office, medical office, or executive office uses.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,625,000
      ML approach
      $2,690,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,735,000
      6.5%
      $2,525,000
      7%
      $2,345,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,939,000
      Market price range: $1.36M - $2.94M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $2,080,000
      Current use
      RESTAURANT
      $3,165,000
      Change: +52% Conversion: Difficult
      OFFICE BUILDING
      $1,745,000
      Change: -16% Conversion: Moderate

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


    Location Insight

    • Map
    • Local Demand
    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.6693
    Latitude
    35.8307
    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
    $29,896
    $176,418
    $532,014
    $708,432
    -
    $882,090
    $2,660,070
    $3,542,160
    More about this property
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