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    FOR SALE
    Car washes

    2823 Creek Dr, Jonesboro, AR

    1,344 SF 0.54 ac lot
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US05-1305591
    Property summary
    AI-generated overview

    This exceptional 0.54-acre lot presents a unique investment opportunity in the thriving city of Jonesboro, Arkansas. Located at 2823 Creek, this property offers significant potential for various development projects. The expansive half-acre parcel provides ample space for a range of uses, from residential construction to commercial ventures, subject to local zoning regulations. Its strategic location within Jonesboro ensures convenient access to essential amenities, transportation networks, and a vibrant community. The property's size and location make it an attractive prospect for builders, investors, or anyone seeking to establish a presence in this dynamic Arkansas city. The asking price of $359,000 reflects the property's considerable potential and prime location. Serious inquiries are encouraged to explore the possibilities this exceptional lot offers. Further due diligence is recommended to confirm zoning regulations and potential development options. This is a rare opportunity to acquire a substantial parcel of land in a desirable area of Jonesboro, poised for future growth and development. The property is being sold as-is. All interested parties are responsible for conducting their own independent inspections and verifying all information provided.

    Property profile
    Verified
    Property type Car washes
    Use group CAR WASH - AUTOMATED
    Total area 1,344 SF
    Lot 0.54 ac (23,522 SF)
    APN 01-144213-20401
    UPID US05-1305591
    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
    • Lighthouse Carwash Car Wash
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Elevate Id INC · 3 yrs held
    Elevate Id INC
    since 2022
    Last sale
    $160,000
    1 recorded transaction
    2022
    $160,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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