2712 Phillips DrJonesboro, AR 72401

Property Details for 2712 Phillips Dr

Lot size

1.56 AC

Property size (Sq ft)

15,800 SF

Property type

Retail space

APN

01-144283-05600

APU

114428305600

Description

This 15,800-square-foot industrial building, located at 2712 Phillips Dr, Jonesboro, AR 72401, is available for sale or lease. Formerly a FedEx shipping center, this single-story, Class B building sits on a 1.81-acre lot and offers a versatile blend of office and warehouse space, ideal for various businesses. Built in 2001, the property features seven drive-in bays and boasts excellent curb appeal on a high-traffic road connecting S. Caraway Rd. (23,000 cars daily) and Red Wolf Blvd. (28,000 cars daily). Its convenient location offers easy access to Interstate 555, ensuring high visibility and accessibility for customers. The property is zoned C-3 and has a net rentable area of 15,800 square feet. The asking price is $1,750,000, with a price per square foot of $110.76. The property is vacant and offered under a NNN lease type. The APN is 01-144283-05600

• CAP approach

  CAP return

  Valuation

  6%

  $5,308,970

  6.5%

  $4,900,588

  7%

  $4,550,546

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,104,055

  Geo Method

  $3,104,055

• Alternative Use

  Use

  Valuation

  Residential

  $4,133,829

  Hospitality

  $3,786,565

  Educational

  $3,150,378

  Medical

  $3,258,724

  Retail

  $4,900,588

Location Insight

City

Jonesboro

County

Craighead

State

Arkansas

Latitude

35.8099

Longitude

-90.6718

CBSA code

27860

CBSA name

JONESBORO, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].