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1801 S Caraway Rd - +/- 3.113 AC Tract Adjacent to The Uptown

3.11 Acres of Commercial Land Offered at $2,400,000 in Jonesboro, AR 72401

Investment Highlights

  • 3.113 AC @ 1801 S. Caraway Road
  • Can Accommodate Up to 36,000 SF -- Potential Renderings/Site Plans on File
  • Exposure to Over 44,000 Cars Per Day
  • Located at THE UPTOWN Between Gamble Home/Gearhead Outfitters and Kroger
  • Largest Regional Intersection in Jonesboro
  • Kroger Marketplace 125,000 SF Anchor

Property Facts

Price $2,400,000
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
Total Lot Size 3.11 AC

1 Lot Available

Lot C

Price $2,400,000
Price Per AC $771,704
Lot Size 3.11 AC

Located at THE UPTOWN Between Gamble Home/Gearhead Outfitters and Kroger. Can Accommodate Up to 36,000 SF.

Description

This is your opportunity to be part of Jonesboro’s biggest redevelopment since the old Fairgrounds project. The former Sears building on the old Indian Mall property has been purchased and renovated to make way for The Uptown, the city’s hottest new retail destination, anchored by Gearhead Outfitters, Gamble Home, The Buckle, Maurices, Hollywood Feed, & The Refinery. The redevelopment joins some of the city’s top establishments including Kroger Marketplace, Tommy’s Express Car Wash, Guthrie's Chicken, Chipotle, & Texas Roadhouse. The updated facility features a visually impressive exterior design, a covered plaza, upgraded walkways, multiple planting areas, and an open green-space area. All tenants share access to a large loading dock located at the rear of the building. Construction is complete on an 8,400 square foot out-parcel center along Highland Dr. which is home to Elite Eye Care, Nothing Bundt Cakes, Cryo 2.0, & The Joint Chiropractic. Another 3.113 acre tract, which sits between The Uptown and Kroger Marketplace, is also available for purchase. The site can accommodate up to 36,000 square feet and the owner is willing to Build-to-Suit. Potential renderings and site plans are on file. The old Indian Mall property has been a staple at the corner of Highland Dr. and Caraway Rd., the city’s primary center of trade, for decades. The site has exposure to over 44,000 cars per day and is highly recognized by the 550,000 consumers that frequent Jonesboro. Strategically placed between our dominant Walmart & The Mall at Turtle Creek, the development is surrounded by several popular restaurants & retailers including Kroger Marketplace, Office Max, Smoothie King, Taco Bell, KFC, . It is also in close proximity to Sam’s, Hobby Lobby, Burlington Coat Factory & Lowe's. Over the past 5 years, Haag Brown Commercial has been intimately involved at this intersection which is currently receiving a $2 MM upgrade. The Regions bank building in the northeast corner has been completely renovated. The vacant Coca-Cola Bottling Plant at the southwest corner was converted into a retail clothing store in 2015 and then a large technology company two years later. The addition of Ross, Tuesday Morning, Bargain Hunt & Play It Again Sports has completely transformed the Kmart Space in the southeast corner and the newly opened Freddy’s will bring even more traffic to the area.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-144204-17500
Land Assessment
$203,208
Improvements Assessment
$0
Total Assessment
$203,208

zoning

Zoning Code C-2
C-2
  • Listing ID: 21362829

  • Date on Market: 10/29/2020

  • Last Updated:

  • Address: 1801 S Caraway Rd, Jonesboro, AR 72401

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