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3406 Access Road, Jonesboro, AR

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DetailMap
3406 Access Road

Jonesboro, AR 72401

(6.6 MB)

Property Type:Land Parcel Size:1.19 Acres
Zoning:-
For Sale Price:$474,000 Price/Acre:$398,319 Price/SF:$9.14

Portfolio:This property is for sale (for $515,000) as part of a portfolio of 2 properties. Topography:-
Proposed Use:Hotel

On-Site Improv:-


This 1.19 acre commercial lot is located on Access Road, just off US Highway 63 (Future I-555). The property sits in between two newly constructed hotels, the Comfort Suites and the Fairfield Marriott Inn & Suites. The site would be perfect for another hotel. In fact, there are currently engineer drawings in place for La Quinta Inn. The drawings are included in the purchase.
Located along U.S. Highway 63 (soon to be Interstate 555), Jonesboro is the retail epicenter of Northeast Arkansas. Despite negative trends of other marketplaces nationwide, Jonesboro is one of only 26 cities in the 363 metropolitan statistical areas in the U.S. that has not only recovered jobs lost from the economy' s recent downfall but has added to them!

Jonesboro continues to be the primary bastion of growth and investment. Serving a trade area of over 500,000 people in almost twenty-four counties in Arkansas, Missouri and Tennessee, Jonesboro has steadily grown over 40% in size since 1990 and is estimated to maintain that same or greater level of growth over the next 20 years. With a 363,689 primary trade area population, Jonesboro clearly serves more than its 68,000 residents.

Jonesboro is also the home of the Arkansas State University Red Wolves, which is one of the fastest growing universities in Arkansas and becoming one of the Mid-South' s top institutions.

Currently, NEA Baptist is well into the development of their $400 million dollar health care facility, the largest health care investment in Arkansas in the last decade.

Sale Notes:
Tract 1 contains 1.19 acres located on Access Road in between two newly constructed hotels, the Comfort Suites and the Fairfield Marriott Inn & Suites. The site would be perfect for another hotel. In fact, there are currently engineer drawings in place for La Quinta Inn. The drawings are included in the purchase.

Tract 2 contains 2.38 acres located at the intersection of Access Road and Richardson Road. The site is adjacent to the Fairfield Marriott Inn & Suites. It is also in close proximity to Arkansas Continued Care and the Mall At Turtle Creek.

Both properties face Interstate 555, lending exposure to 27,100 cars per day. The lots are best suited for a hotel or national restaurant needing high visibility and tons of traffic.
Located along U.S. Highway 63 (soon to be Interstate 555), Jonesboro is the retail epicenter of Northeast Arkansas. Despite negative trends of other marketplaces nationwide, Jonesboro is one of only 26 cities in the 363 metropolitan statistical areas in the U.S. that has not only recovered jobs lost from the economy' s recent downfall but has added to them!

Jonesboro continues to be the primary bastion of growth and investment. Serving a trade area of over 500,000 people in almost twenty-four counties in Arkansas, Missouri and Tennessee, Jonesboro has steadily grown over 40% in size since 1990 and is estimated to maintain that same or greater level of growth over the next 20 years. With a 363,689 primary trade area population, Jonesboro clearly serves more than its 68,000 residents.

Jonesboro is also the home of the Arkansas State University Red Wolves, which is one of the fastest growing universities in Arkansas and becoming one of the Mid-South' s top institutions.

NEA Baptist just opened a new $400 million dollar health care facility, the largest health care investment in Arkansas in the last decade.

Haag Brown Commercial
Josh Brown
(870) 336-8000

Greg Haag
(870) 336-8000




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