2200 Red Wolf BlvdJonesboro, AR 72401

Property Details for 2200 Red Wolf Blvd

Property size (Sq ft)

5,431 SF

Property type

Office properties

Property subtype

Office buildings

APN

01-144281-01800

APU

114428101800

Description

This exceptional retail redevelopment project in Jonesboro, Arkansas, offers a prime leasing opportunity. Located at 2200 Red Wolf Blvd, this Class A property boasts 8,352 square feet across four suites, situated on a 1.49-acre lot. Recently renovated in 2024, the building features a mix of inline and end-cap spaces, including a drive-thru. Currently, 5,217 square feet are available for lease, with a prominent 1,906 square foot space ideal for a variety of retail uses. The property benefits from multiple access points via Red Wolf Blvd., Sun Ave., and Parkwood Dr., ensuring high visibility and accessibility. This location is in the heart of Jonesboro's retail corridor, surrounded by national retailers such as Verizon Wireless, McDonald's, and Starbucks, guaranteeing significant foot traffic and brand synergy. The property is zoned C-3 LUO and features a 2013 construction date with recent upgrades. This is a rare opportunity to secure a space in a thriving retail area with minimal vacancy. The APN is 01-144281-01800. Don't miss this chance to establish your business in a high-demand location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,241,411

  6.5%

  $1,145,918

  7%

  $1,064,067

• Comparable approach

  Method

  Valuation

  Relative Method

  $423,401

  Geo Method

  $423,401

• Alternative Use

  Use

  Valuation

  Residential

  $1,420,938

  Hospitality

  $1,301,572

  Educational

  $1,082,892

  Medical

  $1,120,135

  Retail

  $1,684,500

Location Insight

City

Jonesboro

County

Craighead

State

Arkansas

Latitude

35.8181

Longitude

-90.6685

CBSA code

27860

CBSA name

JONESBORO, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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