3.67 Acres Melrose Street Jonesboro, AR 72401

Listing Agency Compass Rose Realty Show Phone

314 S Main, Suite A, Jonesboro, AR

Listed by Andrea Andrews Show Phone

Added: Feb 15 Checked: Jul 19 at 12:06 am

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MLS# 26005884

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Investment Insights

Based on property information with market context.

This commercial property, situated on 3.67 acres in Jonesboro, Arkansas, presents a significant investment opportunity. Zoned C-3, the property features a 7-unit retail strip center. An additional .65 acre lot is available for separate purchase. The location offers high visibility, situated across the street from Arkansas State University and near Northeast Arkansas Baptist Memorial Hospital, Jonesboro Municipal Airport, and various local retail and dining options. The property spans an entire block, providing two access points and potential driveway or entry points. The estimated daily traffic count is 20,000.

Key Highlights

• Prime Commercial Location: Zoned C‑3 on 3.67 +/- acres.
• High Traffic Area: Benefit from an estimated 20,000 daily traffic count.
• Proximity to Key Locations: Across from Arkansas State University, near hospital and airport.

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FAQs

What type of property is this?

Strip mall - Commercial property in Jonesboro, Arkansas, near Arkansas State University.

Where is this strip mall located?

The property is located at 3.67 Acres Melrose Street Jonesboro, AR.

What is the asking price?

The asking price for this property is $1,258,000.

What are key features of this property?

This property features: Prime Commercial Location: Zoned C‑3 on 3.67 +/- acres.; High Traffic Area: Benefit from an estimated 20,000 daily traffic count.; Proximity to Key Locations: Across from Arkansas State University, near hospital and airport.