$11 million in convenience store sales top recent property deals

by Talk Business & Politics staff ([email protected]) 1,422 views 

KG Jonesboro 1393 LLC made the most significant residential and commercial property transfer in Craighead County, from Sept. 15 through Oct. 15, according to the Craighead County Assessor’s Office.

The company spent $7.77 million to buy a convenience store on Johnson Ave. The deal was completed Sept. 19.

SBS Pacific Properties LLC made the second most significant real estate purchase in the region during the period. The company bought a convenience store on U.S. 63 for $3.49 million. The deal was completed Oct. 5.

In the third largest transaction in the region, Big Hat Development Company LLC bought an office building on Fox Road. The deal was for $1.03 million and was completed Oct. 13.

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

Transaction amount: $950,000
Seller: Cude Properties LLC
Buyer: Iveymax LLC
Sale date: Sept. 19
Address: 2612 E. Nettleton Ave.
Description: retail store

Transaction amount: $925,000
Seller: Joseph and Stephanie Smith
Buyer: MCCM Construction Inc.
Sale date: Sept. 30
Address: N/A
Description: residential acres

Transaction amount: $840,000
Seller: Randy and Lacy Baker
Buyer: Taylor Alloway and Elizabeth Abbigale
Sale date: Aug. 29
Address: N/A
Description: acres

Transaction amount: $832,000
Seller: Steve Doty Properties LLC
Buyer: DD27 Jonesboro LLC
Sale date: Sept. 23
Address: 2529 S. Caraway Road
Description: office building

Transaction amount: $630,000
Seller: John and Noelle Kompa
Buyer: Patrick and Michelle Pfriemer
Sale date: Oct. 6
Address: Barrington Park
Description: house

Transaction amount: $600,000
Seller: Vision 2000 Inc.
Buyer: HTFP LLC
Sale date: Sept. 19
Address: 1706 Visions Ave.
Description: office building

Transaction amount: $560,000
Seller: Daniel and Sarah Wilson
Buyer: Johnathan and Debra Barnett
Sale date: Oct. 3
Address: Outback Subdivision
Description: house