3505 Airport Rd Jonesboro, AR 72401-4480
- Flex space
- 150,695 SF
- 11.85 lot acres
Current Use by Public Records
- Controltek, Inc. / Manufacturer
- The Remembering Tree / Tourist Attraction
Property Details for 3505 Airport Rd
- Lot size
- 11.85 lot acres
- Property size
- 150,695 SF
- Property type
- Flex space
- APN
- 01-144222-00400
- APU
- 114422200400
Description
This exceptional industrial property in Jonesboro, Arkansas, offers a rare opportunity to lease warehouse space. Located at 3505 Airport Rd, 72401, this single-story building boasts a total of 82,330 square feet, with a minimum divisible space of 45,225 square feet and the potential to lease the entire contiguous space. The warehouse features a 25-foot ceiling height, providing ample vertical storage capacity. Convenient highway frontage ensures easy access for transportation and logistics. Loading and unloading are facilitated by four loading docks and four dock-high doors, complemented by an additional drive-in pull-up door. The property also includes 60 parking spaces for employees and visitors. The property's APN is 01-14422200400. Currently, 45,225 square feet of vacant space is immediately available. This is a unique opportunity to secure a substantial warehouse space within the city limits of Jonesboro, offering significant potential for various industrial and logistics operations. Don't miss this chance to establish your business in a prime location with excellent infrastructure.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $6,250,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $5,995,000
- 6.5%
- $6,050,000
- 7%
- $6,175,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $6,335,000
- Geo Method
- $7,060,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $6,605,000
- Retail
- $6,920,000
- Mixed-Use
- $7,610,000
- Hospitality
- $7,320,000
- Educational
- $5,995,000
- Residential Income
- $6,820,000
- Energy
- $7,200,000
- Income-Based Land
- $6,620,000
- Food Service
- $5,980,000
Location Insight
- Map
- Local Demand
- City
- Jonesboro
- County
- Craighead
- State
- Arkansas
- Longitude
- -90.6597
- Latitude
- 35.8299
- CBSA code
- 27860
- CBSA name
- JONESBORO, AR METROPOLITAN STATISTICAL AREA