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    1171 E Johnson Ave Jonesboro, AR 72401

    For Sale
    $449,000

    Commercial Lot - Jonesboro, AR

    Lot size:
    4.17 Acres
    Days on Market:
    193
    Last Refresh:
    Dec 13 at 8:06 pm

    Property Features for 1171 E Johnson Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Comm & Ind
    Lot size
    4.17 Acres

    Building Details

    Architectural style
    Other

    Halsey Thrasher Harpole Real Estate Group (870) 972-9191

    Listing agent Martin Young (870) 972-9191

    Listing date Jun 4, 2025

    MLS# 24018645 Listing URL

    Copyright © 2025 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Lot Near Arkansas State

    This 4.17-acre commercial and industrial zoned property is located in an Opportunity Zone, potentially offering financial benefits for developers. The level lot is situated just below the grade of Johnson Avenue and is not located in a flood zone. All city utilities are available. The property has frontage on Johnson, Howard, and Aggie, and is located near Arkansas State University. It is ready for development.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.692351761902
    Latitude
    35.844907669551

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    FAQs

    What type of property is this?
    Commercial land - 4.17 acre commercial/industrial lot near Arkansas State University.
    Where is this commercial land located?
    The property is located at 1171 E Johnson Ave Jonesboro, AR.
    What is the asking price?
    The asking price for this property is $449,000.
    What are key features of this property?
    This property features: - Located in Opportunity Zone offering substantial financial benefits for developers.; - Zoned commercial and industrial, ready for development.; - **4.17 acres with frontage on three streets**: Johnson, Howard, and Aggie.
    (870) 972-9191
    Request Owner's contact information
    1171 E Johnson Ave Jonesboro, AR 72401
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    Jonesboro, AR 72401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1171 E Johnson Ave Jonesboro, AR 72401
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