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RARE +/- 15,600 SF Flex Building Off I-555 3301 S Caraway Rd

15,600 SF Flex Building Jonesboro, AR 72404 $2,346,300 CAD ($150 CAD/SF)

Investment Highlights

  • RARE Flex Space in Jonesboro, AR
  • Warehouse Space with 11 Ground Level Overhead Doors
  • Excellent Visibility & Exposure from S. Caraway Rd.
  • Beautiful Updated Interior Office Space - Paint, Flooring, Lighting, etc.
  • Multi-Level Office Space with Large Upstairs Training/Conference Room
  • With Rising Construction Costs, Excellent Opportunity to Own & Occupy Less Than Replacement Cost

Executive Summary

This 15,600 square foot office building is situated on 1.62 acres just south of Interstate 555 on South Caraway Rd. which lends the property excellent exposure to approximately 18,000 cars per day. The building consists of approximately 6,000 square feet of warehouse space leaving approximately 9,600 square feet of two-story office space which includes a newly renovated lobby area & conference room, updated individual offices, & a nice open area multi-functional room. The site has ample parking with an additional open area that, with a very small investment, could double the current parking capacity.

Taxes & Operating Expenses (Actual - 2023)

Annual (CAD) Annual Per SF (CAD)
Taxes $21,219 $1.36
Operating Expenses $5,972 $0.38

Taxes & Operating Expenses (Actual - 2023)

Taxes (CAD)
Annual $21,219
Annual Per SF $1.36
Operating Expenses (CAD)
Annual $5,972
Annual Per SF $0.38
Total Expenses (CAD)
Annual $27,191
Annual Per SF $1.74

Property Facts

Price $2,346,300 CAD
Price Per SF $150 CAD
Sale Type Owner User
Property Type Flex
Building Class B
Lot Size 1.62 AC
Rentable Building Area 15,600 SF
No. Stories 2
Year Built/Renovated 1998/2020
Tenancy Single
No. Drive In / Grade-Level Doors 11

Amenities

  • 24 Hour Access
  • Yard
  • Reception
  • Storage Space
  • Monument Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-144321-02600
Land Assessment
$67,634 CAD (2024)
Improvements Assessment
$381,942 CAD (2024)
Total Assessment
$449,575 CAD (2024)
Annual Taxes
$21,219 CAD ($1.36 CAD/SF)
Tax Year
2023 Payable 2024

zoning

Zoning Code C-3
C-3
  • Listing ID: 22821612

  • Date on Market: 2021-04-23

  • Last Updated:

  • Address: 3301 S Caraway Rd, Jonesboro, AR 72404

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