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    2001 Margo Ln Jonesboro, AR 72401

    For Sale
    $324,900

    Land Only - Jonesboro, AR

    Property size:
    1,400 SF
    Days on Market:
    675
    Last Refresh:
    Dec 7 at 5:06 pm

    Property Features for 2001 Margo Ln

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    c-3
    Size
    1,400 SF

    Building Details

    Flooring type
    Other
    Building materials
    Other, See Remarks
    Roof type
    Other, See Remarks
    Architectural style
    Other

    Coldwell Banker Village Communities (870) 935-7800

    Listing agent Rick Wyatt (870) 935-7800

    Listing date Feb 2, 2024

    MLS# 24002555 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

    Jonesboro Land with Highway Frontage

    This property features approximately 0.5 acres of C-3 limited use overlay land with about 210 feet of frontage on East Highland (Hwy 18) and approximately 105 feet of depth on a corner lot at Margo Lane. The property is tenant-occupied on a month-to-month basis at $700. It is located at the proposed east bypass on MLK Drive, which will connect to Hwy 49 at the Farville curve, routing traffic off Red Wolf to the I555 connection. This location is suitable for food outlets or a convenience store.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Auto Repair Shop Auto Parts Store Building Supply Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.622937
    Latitude
    35.820559

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    FAQs

    What type of property is this?
    Commercial land - Approximately 0.5 acre commercial land with highway frontage in Jonesboro.
    Where is this commercial land located?
    The property is located at 2001 Margo Ln Jonesboro, AR.
    What is the asking price?
    The asking price for this property is $324,900.
    What are key features of this property?
    This property features: - Approximately 1/2 acre C-3 limited use overlay.; - +/- 210' frontage on East Highland (Hwy 18).; - Corner lot at Margo Ln with +/- 105' depth.
    (870) 935-7800
    Request Owner's contact information
    2001 Margo Ln 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
    2001 Margo Ln Jonesboro, AR 72401
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