Ritter Drive office building sells for $8.5 million

Three Land LLC made the most significant residential and commercial property transfer in Craighead County, from March 15 through April 15, according to the Craighead County Assessor’s Office. The company spent $8.5 million to buy an office building on Ritter Drive. The deal was completed March 15.

Tedder Properties made the second most significant real estate purchase in the region during the period. The company bought 7.6 acres of commercial property for $4.75 million. The deal was completed April 2.

In the third largest real estate deal in the region, K&A Investments LLC bought apartments on Southwest Drive. The deal was for $4.1 million and it was completed April 15.

The following are the other top transactions during the period in the county.

Transaction amount: $2.85 million
Seller: Appleton Family Limited Partnership
Buyer: Bobbilldick Inc.
Sale date: April 8
Address: Nestle Road
Description: acres

Transaction amount: $2.79 million
Seller: Brian and Nanci Early
Buyer: Wade and Stephanie Coffman
Sale date: March 22
Address: Bridger Place
Description: house

Transaction amount: $1.8 million
Seller: Haag-Brown Encore Holdings LLC
Buyer: Ancora Holdings LLC
Sale date: April 12
Address: Browns Lane
Description: acres

Transaction amount: $1.65 million
Seller: Haag-Brown Development LLC
Buyer: AL at The Reserve LLC
Sale date: March 30
Address: Bridger Road
Description: acres

Transaction amount: $1.25 million
Seller: Joanne Nalley Trust and Robert Allison
Buyer: Arkansas State University
Sale date: April 8
Address: East Johnson
Description: house

Transaction amount: $1.04 million
Seller: Tankersley Family Revocable Trust
Buyer: Keith and Jan Gilmore
Sale date: April 13
Address: Highway 226
Description: residential acres

Transaction amount: $1 million
Seller: First Assembly of God Inc.
Buyer: Haag-Brown Development LLC
Sale date: March 22
Address: Bridger Road
Description: residential acres