2900 Moore RdJonesboro, AR 72401

Property Details for 2900 Moore Rd

Lot size

11.98 AC

Property size (Sq ft)

2,000 SF

Property type

Office properties

Property subtype

Office buildings

APN

01-144254-00200

APU

114425400200

Description

This exceptional 6.5-acre industrial property in Jonesboro, Arkansas, presents a unique investment opportunity. Located at 2900 Moore Rd, 72401, this strategically positioned site boasts a 2,700 square foot office/shop building, perfect for various industrial uses. The property features a substantial 480V 600 AMP power supply, ideal for energy-intensive operations. A single drive-in bay provides convenient access. The site is fully fenced, offering security and containment. Currently zoned I-2, this property is versatile and adaptable to a range of industrial applications. The previous asphalt plant equipment is slated for removal in January 2024, opening up possibilities for immediate redevelopment or customization. The property is available for both sale and lease, providing flexibility for potential buyers and tenants. Its prime location at the intersection of CW Post and Moore Road, nestled between Commerce Drive and Nestle Road, ensures excellent accessibility and visibility. The contiguous 7 acres offer ample space for expansion or future development. This Class B building, constructed in 2008, represents a solid investment opportunity in a thriving industrial area.

• CAP approach

  CAP return

  Valuation

  6%

  $457,158

  6.5%

  $421,992

  7%

  $391,849

• Comparable approach

  Method

  Valuation

  Relative Method

  $155,920

  Geo Method

  $155,920

• Alternative Use

  Use

  Valuation

  Residential

  $523,270

  Hospitality

  $479,312

  Educational

  $398,782

  Medical

  $412,497

  Retail

  $620,328

Location Insight

City

Jonesboro

County

Craighead

State

Arkansas

Latitude

35.8074

Longitude

-90.614

CBSA code

27860

CBSA name

JONESBORO, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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