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Investment Highlights

  • Prime retail property with ~275 feet of frontage on E Highland Drive.
  • Zoned C-3 General Commercial
  • Strong redevelopment potential in Jonesboro’s Industrial Trade Region.
  • 1,250 SF building on a 1.3-acre lot with four covered drive-thru lanes.
  • High-visibility corridor with traffic counts around 16,000 CPD.

Executive Summary

Positioned on E Highland Drive, this property offers strong visibility, easy access, and a flexible setup for a variety of uses. The corner lot provides generous frontage and consistent traffic, making it well-suited for businesses that rely on exposure and convenience.
The existing building features multiple covered drive-thru lanes and a functional layout that could accommodate a quick-service concept, coffee shop, service retail, office use, or a redevelopment. The large paved area allows for ample parking and adaptable site circulation.
Surrounded by a mix of industrial employers, nearby neighborhoods, and everyday retail, the location sees steady activity throughout the day and offers quick access to key corridors in Jonesboro.

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
$590,000
Price Per SF
$466.77
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
275’ on E Highland Dr
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
01-144233-18700
Land Assessment
$45,302
Improvements Assessment
$23,449
Total Assessment
$68,751
  • Listing ID: 32998466

  • Date on Market: 8/29/2024

  • Last Updated:

  • Address: 4818 E Highland Dr, Jonesboro, AR 72401

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