3120 ShelbyJonesboro, AR 72404

  • Strip malls
  • 10,622 SF
Off market
$8,916,640 Estimated

Property Details for 3120 Shelby

Lot size
0.89 AC
Property size (Sq ft)
10,622 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
01-144321-04700
APU
114432104700

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,569,106
    6.5%
    $3,294,560
    7%
    $3,059,234
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,086,790
    Geo Method
    $2,086,790
  • Alternative Use

    Use
    Valuation
    Residential
    $2,779,084
    Hospitality
    $2,545,626
    Educational
    $2,117,931
    Medical
    $2,190,770
    Retail
    $3,294,560
3120 Shelby, Jonesboro, Arkansas

Location Insight

City
Jonesboro
County
Craighead
State
Arkansas
Latitude
35.8043
Longitude
-90.6802
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
$12,122
$23,261
$229,015
$252,276
-
$116,305
$1,145,075
$1,261,380

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