Property profile

1319 Red Wolf Blvd Jonesboro, AR 72401

OFF-MARKET
Strip malls
Property ID
US05-1291301
15,540 SF 1.5 ac lot
Entity Owned 5-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Total area 15,540 SF
Lot 1.5 ac (65,340 SF)
APN 01-144211-01602
UPID US05-1291301

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Take-out & Catering Catering Service
  • Medical Clinic
  • Restaurant
  • Spa & Massage Center Alternative Medicine Practice
  • Nail Salon

Location

1319 Red Wolf Blvd Jonesboro, AR 72401-4584
Jonesboro metro Census 102 JONESBORO, AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.69M
CAP Approach CAP
$2.53M
Comparable Approach Comparable
$2.94M
Blend (final) Blend
$2.63M

Owner & transaction history

since 2021
Last sale
$3.0M
1 recorded transaction
2021
$3.0M

Zoning & alternative use

Top alternative use upside
Restaurant $3.2M +52.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1319 Red Wolf Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message