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Listed by Chris McAdams • CRYE-LEIKE, REALTORS Jonesboro
$ 340,000
Est. payment /mo
New
1708 Tall Birch Drive Jonesboro, AR 72404
7,800 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 7,800 sqft
Price per Sqft $43
MLS Listing ID 10123643
Year Built 2003
Annual Tax Amount $1,877
Tax Year 2023
Lot Size 0.930 Acres
Acres 0.93
Property Sub-Type Industrial
Property Description
Income-Producing Storage Facility with Expansion Potential - 80% Occupancy! This is your chance to own a thriving storage business with immediate cash flow and long-term growth potential. Situated on just under 1 acre, this well-maintained and fully fenced property currently features 40 storage units with a strong 80% occupancy rate, plus 9 additional parking spaces available for rentperfect for RVs, trailers, or boats. The existing units are in high demand and offer a variety of sizes to accommodate different storage needs: 7 - 10x10 units 16 - 10x15 units 8 - 10x20 units 5 - 12x20 units 3 - 10x30 units 1 - 20x30 unit Beyond its current cash flow, this property truly shines with its built-in expansion opportunity. Only half an acre is currently developed, leaving approximately acre of flat, buildable land ready for additional buildings or storage unitsa huge value-add for investors looking to increase revenue and boost ROI. Recent upgrades have been made throughout the facility, and the property features a modern 24/7 surveillance security system, ensuring tenant safety and peace of mind. Whether you're an investor seeking a high-performing asset or a business owner looking to expand, this property checks all the boxes. Take advantage of the strong occupancy and unlock its full potential with additional units.
Location
State AR
County Craighead
Area 200
Zoning I-1
Interior
Heating None
Cooling None
Flooring No
Exterior
Exterior Feature Metal Siding
Utilities Available Electric Available
Roof Type Metal
Building
Foundation Concrete Slab
Others
Tax ID 01-143224-03300
Acceptable Financing Cash
Listing Terms Cash