2701 Parkwood RdJonesboro, AR 72401

  • Land
  • 1.02 AC
For Lease
$40/SF/YR View listing

Property Details for 2701 Parkwood Rd

Lot size
1.02 AC
Property type
Land
Property subtype
Commercial land
APN
01-144282-04940
APU
114428204940

Description

This exceptional Class A retail center, slated for completion in 2025, offers 7,020 square feet of prime commercial space in Jonesboro, Arkansas. Located at 2701 Parkwood Rd, at the corner of Fair Park Blvd, this one-acre property boasts a highly visible location within Jonesboro's thriving retail sector, near established businesses like Academy Sports and Cheddar's Casual Cafe. The building comprises four individual suites, each measuring 1,755 square feet, with the flexibility to combine units for larger tenants. The property is available as a whole (7,020 SF) or in divisible units, offering a minimum of 1,755 square feet. Spaces will be delivered in cold-dark shell condition, with tenant improvement allowances negotiable. This represents a rare opportunity to secure brand-new retail space in a prime Jonesboro location, benefiting from high visibility and significant foot traffic. The property's APN is 01-144282-04940. This development presents a unique chance to establish a presence in a dynamic and rapidly growing retail area. The property is zoned for retail, office, and restaurant uses. The address is 2701 Parkwood Rd, Jonesboro, AR 72401.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $11,624,694
    Hospitality
    $10,648,157
    Educational
    $8,859,142
    Medical
    $9,163,821
    Retail
    $13,780,887
2701 Parkwood Rd, Jonesboro, Arkansas

Location Insight

City
Jonesboro
County
Craighead
State
Arkansas
Latitude
35.8174
Longitude
-90.6727
CBSA code
27860
CBSA name
JONESBORO, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$4,594
$108,856
-
$108,856
-
$544,280
-
$544,280

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