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Retail Space with Renovation Plans
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2320 E Matthews Ave, Jonesboro, AR 72401

Commercial / Industrial, Jonesboro, AR

Property Size1,560 SF
Lot Size1.18 Acres
Price / SF$0.01
Days on Market9

Property Features for 2320 E Matthews Ave

General Information

Property type Commercial Sale
Property subtype Other
Parking 44
Directions The vacant suite between Viva Tropicana and The Greek Vine.
Subdivision Jonesboro E
Standard status Active
APN 01-144212-01600
Size 1,560 SF
Lot size 1.18 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description COBB & LEE SURV. NW PT LOT 3 1
Tax Annual Amount 2134
Legal Description COBB & LEE SURV. NW PT LOT 3 1

Building Details

Year built 1996
Floors in Building 1
Listing Agency: Halsey Real Estate
Listed By: Taylor Wilson · License #00086756
Added: Sep 17 Changed: Sep 21 Last Checked: Sep 25 at 1:06AM
MLS# 26038375

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.

The property includes 1,560 square feet of retail space within a multi-tenant center built in 1996. The 1.18-acre site includes ample parking, and storefront updates are planned for 2027. An established tenant mix contributes to the center’s existing commercial setting.

Located at 2320 E Matthews Avenue in Jonesboro, the property sits between Caraway Road and Red Wolf Boulevard along a well-traveled corridor. The site is near the Matthews Medical Mile and Arkansas State University, providing proximity to established medical and educational activity.

Key Highlights

  • 1,560 square feet of retail space
  • 1.18‑acre commercial site
  • Built in 1996

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick HVAC Service Pet Grooming Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Restaurant Home Appliance Store

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

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,074
Businesses Nearby
347k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 35% Apparel 31% Shops & Services 22% Home Improvements & Furnishings 5%
T.J. Maxx Apparel
70,933 visits/mo 0.4 miles
McDonald's Dining
30,590 visits/mo 0.5 miles
Five Below Shops & Services
28,851 visits/mo 0.3 miles
Petco Shops & Services
21,401 visits/mo 0.3 miles
7 Brew Coffee Dining
21,197 visits/mo 0.4 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space in a multi-tenant center with parking and planned storefront improvements.
Where is this retail space located?
The property is located at 2320 E Matthews Ave Jonesboro, AR.
What are key features of this property?
This property features: 1,560 square feet of retail space; 1.18‑acre commercial site; Built in 1996
More about this property
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