5312 Stadium BlvdJonesboro, AR 72404

Property Details for 5312 Stadium Blvd

Lot size

1.36 AC

Property size (Sq ft)

7,200 SF

Property type

Retail properties

Property subtype

Retail space

APN

01-134092-04200

APU

113409204200

Description

This exceptional 4-acre commercial property, located at 5312 Stadium Blvd, Jonesboro, AR 72404, presents a unique investment opportunity. Previously home to Jonesboro Tractor Sales for over two decades, this prime location now benefits from significant surrounding growth, including the Southside Softball Complex and numerous commercial and residential developments. The property boasts high visibility and accessibility with over 240 feet of frontage on Harrisburg Rd and 374 feet on Stadium Blvd, experiencing daily traffic counts of 9,000-13,000 vehicles. The site encompasses two buildings totaling 12,000 square feet on a 4-acre lot, with an additional 3.9+ acres available for expansion. City-approved sewer plans are in place. The property is zoned C3, allowing for a variety of uses, including convenience stores, gas stations, and restaurants. With 179,467 square feet of air rights, this property offers substantial development potential. The asking price is $1,900,000. This is an owner/user investment opportunity in a Class A property built in 2020 and renovated in 2020. The property consists of two, one-story buildings. Don't miss this chance to capitalize on the growth of Jonesboro.

• CAP approach

  CAP return

  Valuation

  6%

  $2,419,278

  6.5%

  $2,233,179

  7%

  $2,073,666

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,414,506

  Geo Method

  $1,414,506

• Alternative Use

  Use

  Valuation

  Residential

  $1,883,770

  Hospitality

  $1,725,523

  Educational

  $1,435,615

  Medical

  $1,484,988

  Retail

  $2,233,179

Location Insight

City

Jonesboro

County

Craighead

State

Arkansas

Latitude

35.775

Longitude

-90.6727

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].