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Parker Rd - Malco Out-Lot Along 1-555 0.45 Acres of Commercial Land Offered at $320,000 in Jonesboro, AR 72404




INVESTMENT HIGHLIGHTS
- Malco Hollywood Theater's Only Remaining Out-Lot.
- Located in the Middle of Jonesboro's Entertainment District.
- Facing I-555 with an exposure to 41,500 CPD.
- Surrounded by top producing restaurants.
PROPERTY FACTS
Price | $320,000 | Property Subtype | Commercial |
Sale Type | Owner User | Total Lot Size | 0.45 AC |
No. Lots | 1 | Cross Streets | Paula Dr |
Property Type | Land | ||
Zoning | Commercial |
Price | $320,000 |
Sale Type | Owner User |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Total Lot Size | 0.45 AC |
Cross Streets | Paula Dr |
Zoning | Commercial |
1 LOT AVAILABLE
Lot
Price | $320,000 | Lot Size | 0.45 AC |
Price Per AC | $711,111.11 |
Price | $320,000 |
Price Per AC | $711,111.11 |
Lot Size | 0.45 AC |
DESCRIPTION
Haag Brown Development is excited to present this commercial lot for sale just off of Interstate 555. This is one of the last available properties in a huge pocket of restaurant commerce which includes O' Charley's, Colton's, Kandela, Wendy's and the newly opened Steak n' Shake. We estimate these 5 national restaurants combine to do over $10MM in annual sales. Within the last 18 months, this area along I-555 has become recognized as Jonesboro's top entertainment district. This 0.45 acre property is the only remaining out-lot to the longstanding Malco Hollywood Theater which continues to be a major draw for customers across Northeast Arkansas. Hijinx Family Entertainment Center just completed the expansion of their facility which includes the addition of a foam factory, lasertron arena, rope obstacle course, 4 story contained play area, and updated arcade. Ultimate Air, a 10,000+ square foot indoor trampoline park, and Lockdown, The Escape Room opened in the market within the last few years. This site would be ideal for a small restaurant or retailer needing visibility and easy access. Due to the sites' close proximity to the Interstate, it qualifies for a highway sign up to 100 feet which will have exposure to 41,500 cars per day.
PROPERTY TAXES
Parcel Number | 01-144332-05900 | Improvements Assessment | $0 |
Land Assessment | $19,602 | Total Assessment | $19,602 |
PROPERTY TAXES
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Parker Rd - Malco Out-Lot Along 1-555
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