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4818 E Highland Dr 1,264 SF Retail Building Jonesboro, AR 72401 $625,000 ($494.46/SF)
INVESTMENT HIGHLIGHTS
- Great location in Jonesboro’s Industrial Trade Region.
- Use property as is or develop new.
- High visibility to the 16,000 CPD.
EXECUTIVE SUMMARY
The commercial property at 4818 East Highland Drive offers an excellent opportunity for businesses looking to create a presence in a well established area of Jonesboro. The property sits on 1.29+/- acres and includes a 1,250 square foot building, currently built for use as a bank or credit union with four covered drive thru lanes. Located in the Industrial Trade Region of Jonesboro, it has 275 feet of road frontage, providing high visibility to the 16,000 CPD. 4818 East Highland Drive is in a prime location in a high-traffic area, on the main highway through the Industrial Trade Region. It offers easy access and excellent exposure. The surrounding area has experienced steady growth throughout the years, and the city works closly with the area to ensure adequate and updated infrastructure. The surrounding area is home to a variety of local and national businesses, including Hytrol, Kum & Go, and Swanner Furniture, creating a strong commercial environment that attracts a steady flow of customers. Nearby retail establishments like JCPenney, Dillard's, and Target, further enhance the property's appeal, offering additional customer traffic. Overall, this property presents a great opportunity for businesses seeking a strategic location within a supportive commercial environment. It is an excellent choice for those looking to capitalize on the evergrowing landscape of Jonesboro, Arkansas.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
1,264 SF
Building Class
C
Year Built
1987
Price
$625,000
Price Per SF
$494.46
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
1.30 AC
Opportunity Zone
Yes
Zoning
C3 - General Commercial: To provide appropriate locations for commercial & retail uses which are convenient & serve the needs of traveling public.
Parking
31 Spaces (24.53 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 01-144233-18700 | Improvements Assessment | $23,449 |
| Land Assessment | $45,302 | Total Assessment | $68,751 |
PROPERTY TAXES
Parcel Number
01-144233-18700
Land Assessment
$45,302
Improvements Assessment
$23,449
Total Assessment
$68,751
CONTACTS
-
Taylor Wilson -
Jerry L Halsey, Jr. -
Landon Wilson -
Halsey Thrasher Harpole Real Estate Group
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4818 E Highland Dr
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