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    403 Jonathan Dr Jonesboro, AR 72401

    For Sale
    $460,000

    Self Storage - Jonesboro, AR

    Property size:
    10,800 SF
    Lot size:
    0.91 Acres
    Days on Market:
    89
    Last Refresh:
    Dec 14 at 10:06 am

    Property Features for 403 Jonathan Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Parking
    10
    Size
    10,800 SF
    Lot size
    0.91 Acres

    Building Details

    Year built
    2003
    Floors in Building
    1
    Architectural style
    Other

    Coldwell Banker Village Communities (870) 935-7800

    Listing agent Blair Cook (870) 935-7800

    Listing date Sep 17, 2025

    MLS# 25029303 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 Self-Storage Investment Opportunity

    This self-storage property, located near Arkansas State University and just north of downtown Jonesboro, features three buildings with a total of 75 units. The property offers an opportunity to own income-producing mini-storage units. The exterior has been freshly painted. The property size is 10,800 square feet and the lot size is 0.91 acres.
    Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.699915
    Latitude
    35.866062

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    FAQs

    What type of property is this?
    Self storage facility - Self-storage property with 75 units near Arkansas State University.
    Where is this self storage facility located?
    The property is located at 403 Jonathan Dr Jonesboro, AR.
    What is the asking price?
    The asking price for this property is $460,000.
    What are key features of this property?
    This property features: - Income-producing self-storage property with 75 units.; - Ideally located near Arkansas State University and downtown Jonesboro.; - Offers steady passive income and solid returns.
    (870) 935-7800
    Request Owner's contact information
    403 Jonathan Dr 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
    403 Jonathan Dr Jonesboro, AR 72401
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