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Property profile & analytics
FOR SALE
Office buildings

3301 S Caraway Rd Jonesboro, AR 72401

15,600 SF 1.83 ac lot
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US05-0929513
Property summary
AI-generated overview

This exceptional 15,600 square-foot multi-use building presents a rare opportunity in Jonesboro, Arkansas. Situated on 1.62 acres with high visibility on South Caraway Road, just off Interstate 555, this property boasts approximately 6,000 square feet of warehouse space featuring 11 ground-level overhead doors. The remaining 9,600 square feet comprises a two-story office area, recently renovated to include a modern lobby, updated individual offices, a spacious multi-functional room, and a large upstairs training/conference room. The building is classified as Class B and features a 12-foot ceiling height. Ample parking is available on-site, with potential for expansion. The property is zoned C-3 and offers excellent exposure to approximately 18,000 vehicles daily. Built in 2020, this building offers a unique blend of warehouse and office space, ideal for a variety of uses. Given current construction costs, this represents a significant below-replacement-cost ownership opportunity. The strong economic growth of Jonesboro, serving a large trade area and home to Arkansas State University, further enhances the investment potential of this property. The single-tenant occupancy and modified lease type provide flexibility for the new owner. The APN is 01-144321-02600. The asking price is $1,650,000.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Total area 15,600 SF
Lot 1.83 ac (79,715 SF)
APN 01-144321-02600
UPID US05-0929513
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
  • EDBS LLC Construction Company General Contractor
  • Medic One Ambulance Ambulance Service
  • Veracity Electric Electrical Service General Contractor
  • Tamara Hooks Lee, CPA Accounting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.32M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.63M
Blend (final) Blend
$1.29M
Owner & transaction history
Tactical Investing LLC · 6 yrs held
Tactical Investing LLC
since 2020
Last sale
$1.3M
4 recorded transactions
2026
Price N/A
2022
Price N/A
2020
Price N/A
2020
$1.3M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $1.8M +40.8%
Retail stores $1.6M +19.2%
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More about this property
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