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    Property profile & analytics
    OFF-MARKET Estimated value $725,000
    Strip malls

    2206 Highland Dr, Jonesboro, AR 72401-6258

    8,771 SF Built 2021
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US05-0008452
    Property summary
    AI-generated overview

    This exceptional 5,000 square foot storefront is part of The Uptown, a revitalized retail center in Jonesboro, Arkansas. Located at 2206 E Highland Dr, this property boasts high visibility and traffic counts exceeding 44,000 cars daily. The Uptown is situated on a 3.62-acre lot and comprises two single-story buildings totaling 125,000 square feet. Recently renovated in 2022, the property features an attractive exterior design, a covered plaza, upgraded walkways, multiple planting areas, and an open green space. The space benefits from a shared large loading dock at the rear of the building. This prime location is part of a major redevelopment project, anchored by established retailers such as Gearhead Outfitters, Gamble Home, The Buckle, Maurices, Hollywood Feed, and The Refinery. The Uptown enjoys proximity to other major retailers and restaurants, including Kroger Marketplace, Tommy's Express Car Wash, Guthrie's Chicken, Chipotle, Texas Roadhouse, and many more. The property is zoned C-3 and has an APN of 01-144204-17000. The area is experiencing significant growth and investment, making this an ideal opportunity for businesses seeking high visibility and strong foot traffic in a thriving retail environment. An adjacent 8,400 square foot outparcel center is also fully occupied. The property's strategic location between Walmart and The Mall at Turtle Creek ensures maximum exposure to a large consumer base. This is a rare opportunity to be part of Jonesboro's most exciting retail destination.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 2021
    Total area 8,771 SF
    APN 01-144204-17050
    UPID US05-0008452
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • 1812 Pizza Company - Jonesboro @ The Uptown Restaurant
    • Steamroller Blues of Jonesboro Clothing & Fashion Store
    • The Refinery Clothing Store
    • Glo Tanning Tanning Salon
    • GH Express Furniture & Home Goods Home Decor Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $555k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $876k
    Blend (final) Blend
    $725k
    Owner & transaction history
    Noell Real Estate INC · 2 yrs held
    Noell Real Estate INC
    since 2023
    Last sale
    $775,000
    7 recorded transactions
    2023
    $1.6M
    2023
    $1.9M
    2022
    $775,000
    2022
    2021
    2021
    2021
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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