2411 Race StJonesboro, AR 72401

Property Details for 2411 Race St

Year built

2022

Lot size

1.71 AC

Property size (Sq ft)

11,192 SF

Property type

Retail properties

Property subtype

Strip malls

APN

01-144283-00811

APU

114428300811

Description

This exceptional 1,517 square foot retail space is located at 2411 Race Street, Suite F, in Jonesboro, Arkansas, within Craighead County (zip code 72401). The property is a single-tenant building offering a fantastic opportunity for businesses seeking high visibility and convenient access. Its central location provides close proximity to major retailers in Jonesboro, ensuring significant foot traffic and customer accessibility. The building's design incorporates ample parking, a key advantage for both customers and employees. The property type is classified as retail and land, making it suitable for a variety of commercial uses. The building's total square footage is 1,517 square feet, distributed across a single suite. This prime location boasts excellent visibility and high traffic counts, making it an ideal choice for businesses seeking to establish a strong presence in the Jonesboro market. The property's strategic placement ensures easy access for customers and provides a significant competitive advantage. This is a single-tenant occupancy building, offering a unique opportunity for a business to establish itself in a high-traffic area. The property is situated in a thriving commercial area of Jonesboro, Arkansas.

• CAP approach

  CAP return

  Valuation

  6%

  $3,760,632

  6.5%

  $3,471,353

  7%

  $3,223,399

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,198,771

  Geo Method

  $2,198,771

• Alternative Use

  Use

  Valuation

  Residential

  $2,928,216

  Hospitality

  $2,682,230

  Educational

  $2,231,584

  Medical

  $2,308,332

  Retail

  $3,471,353

Location Insight

City

Jonesboro

County

Craighead

State

Arkansas

Latitude

35.8134

Longitude

-90.6765

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].