Property profile

2411 Race St E Jonesboro, AR 72401

FOR SALE
Strip malls
Property ID
US05-0146810
11,192 SF 1.71 ac lot Built 2022
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 1,517 square foot retail space is located at 2411 Race Street, Suite F, in Jonesboro, Arkansas, within Craighead County (zip code 72401). The property is a single-tenant building offering a fantastic opportunity for businesses seeking high visibility and convenient access. Its central location provides close proximity to major retailers in Jonesboro, ensuring significant foot traffic and customer accessibility. The building's design incorporates ample parking, a key advantage for both customers and employees. The property type is classified as retail and land, making it suitable for a variety of commercial uses. The building's total square footage is 1,517 square feet, distributed across a single suite. This prime location boasts excellent visibility and high traffic counts, making it an ideal choice for businesses seeking to establish a strong presence in the Jonesboro market. The property's strategic placement ensures easy access for customers and provides a significant competitive advantage. This is a single-tenant occupancy building, offering a unique opportunity for a business to establish itself in a high-traffic area. The property is situated in a thriving commercial area of Jonesboro, Arkansas.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2022
Total area 11,192 SF
Lot 1.71 ac (74,488 SF)
APN 01-144283-00811
UPID US05-0146810

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
  • (Bike/Boat/Book/etc) Store Cosmetic Store
  • Restaurant
  • Nail Salon
  • Cafe & Coffee Shop

Location

2411 Race St, Unit E Jonesboro, AR 72401
Jonesboro metro Census 403 JONESBORO, AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$815k
Blend (final) Blend
$420k

Owner & transaction history

since 2025
2 recorded transactions
2025
Price N/A
2022
Price N/A

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?”
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