316 E Johnson Ave Jonesboro, AR 72401
For Sale
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This exceptional 7,708-square-foot retail property, located at 316 Johnson Avenue in Jonesboro, Arkansas, presents a unique investment opportunity. Currently leased to a local church, this single-tenant building sits on a 0.4-acre lot and offers significant potential for a variety of commercial uses. The property boasts a highly visible location within Craighead County, benefiting from an impressive average daily traffic count exceeding 17,000 vehicles. The building's zoning designation is I-1, allowing for a range of commercial possibilities. The substantial square footage provides ample space for a diverse array of businesses. This is an excellent opportunity to acquire a well-situated commercial property in a thriving Arkansas market. The property's history as a former Family Dollar store speaks to its proven retail viability. The substantial size and high traffic volume make this an attractive option for businesses seeking a strong presence in Jonesboro. The property's location within Craighead County, coupled with its convenient access and high visibility, ensures maximum exposure to potential customers. This is a rare opportunity to own a significant retail space in a dynamic and growing community. The 0.4-acre lot offers potential for future expansion or development. Serious inquiries are encouraged.
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Kingdom Nation Ministries Church
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.