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Corner Commercial Land with Highway Frontage
For Sale
$324,900

2001 Margo Lane, Jonesboro, AR 72401

COMMERCIAL - Jonesboro, AR

Property Size1,400 SF
Lot Size0.50 Acres
Price / SF$232.07
Days on Market210

Property Features for 2001 Margo Lane

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Lazy Acres
Lot features Level
Directions East on Highland/Hwy 18 to Commerce (MLK) Drive, on Right at Margo Lane.
Standard status Active
APN 01-144252-02500
Size 1,400 SF
Lot size 0.50 Acres

Taxes and HOA fees

Tax Description Pt Lot 5/A Lazy Acres
Legal Description Pt Lot 5/A Lazy Acres
Listing Agency: Coldwell Banker Village Communities
Listed By: Rick Wyatt · License #000008358
Added: Feb 4 Changed: Aug 5 Last Checked: Sep 2 at 11:06PM
MLS# 26004464

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 0.5-acre commercial land parcel occupies a corner at Margo Lane and East Highland, identified as Hwy 18. The site provides approximately 210 feet of frontage along East Highland and approximately 105 feet of depth on the corner lot. The property is subject to a C-3 limited use overlay and is currently occupied under a month-to-month tenancy.

The location is associated with a proposed east bypass on MLK Drive, planned to connect with Hwy 49 at the Farville curve and route traffic from Red Wolf Road toward the I-555 connection. The address is in Jonesboro, Arkansas.

Key Highlights

  • 0.5‑acre commercial land parcel
  • C‑3 limited use overlay
  • Approximately 210 feet of frontage on East Highland (Hwy 18)

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Real Estate Agency (Bike/Boat/Book/etc) Store Garden Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

93
Businesses Nearby

Demographics for 72401, AR

43,127
Population
19,328
Households
2.2
Avg Household Size
33
Median Age
23%
College-Educated
89%
High-School Grad
88.5 sq mi
ZIP Area
487
Density / Sq Mi
$43,412
Median Household Income
$32,970
Median Earnings
$897
Median Rent
$185,400
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - The corner parcel carries a C-3 limited use overlay and has month-to-month tenant occupancy.
Where is this commercial land located?
The property is located at 2001 Margo Lane 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: 0.5‑acre commercial land parcel; C‑3 limited use overlay; Approximately 210 feet of frontage on East Highland (Hwy 18)
More about this property
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