Property summary
This exceptional 24,564-square-foot retail property is situated at 2308 S. Caraway Rd., Jonesboro, Arkansas, 72401. The single-tenant building, constructed in 1978, sits on a 2.29-acre lot and is zoned for commercial use. Currently vacant, this property presents a unique opportunity for a variety of retail businesses. Its strategic location along a major retail corridor offers significant visibility and accessibility. Caraway Road boasts over 24,000 vehicles per day, demonstrating substantial traffic volume. The property benefits from its proximity to established national retailers including Walmart, Aldi, Sam's Club, Kohl's, and Lowe's, ensuring high consumer traffic and brand synergy. Furthermore, its location less than a mile from Interstate 555 provides convenient access for customers throughout the Jonesboro area and beyond. This property is ideal for a department store, discount store, or grocery store seeking a prime location in a thriving retail environment. The entire 24,564 square feet is available for lease. This presents a rare opportunity to establish a strong retail presence in a high-demand area of Jonesboro.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Pharmacy
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(Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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