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    1 Diamond Cv Jonesboro, AR 72401

    Sponsored
    For Sale
    $429,000

    Prime 1.8-acre commercial lot, ideal for development.

    Property size:
    78,408 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 1.8-acre commercial property presents a unique investment opportunity in Jonesboro, Arkansas. Strategically located off Fair Park Boulevard, this mixed-use lot offers unparalleled visibility and accessibility. The expansive 78,408 square feet provide ample space for a variety of development projects, catering to diverse business needs. Its prime location ensures high traffic volume and strong potential for attracting a wide range of clientele. This property is particularly attractive due to its adjacency to two other similarly sized lots (1.76 acres and 1.8 acres), also available for purchase, presenting the possibility of acquiring a significantly larger contiguous parcel for a major development project. The combined acreage offers substantial potential for large-scale commercial ventures, creating a unique opportunity for synergy and expansion. This is a rare chance to secure a substantial commercial holding in a thriving area of Jonesboro, poised for significant growth and return on investment. The property's location and size make it an exceptional opportunity for developers seeking a prominent site for a mixed-use project. Serious inquiries are encouraged to explore the full potential of this remarkable property. The asking price is $429,000.

    Property Features for 1 Diamond Cv

    General Information

    Property type
    Mixed-use properties
    Square Feet
    78,408 SF
    Lot Size
    78,408 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Map

    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.67363
    Latitude
    35.81223

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    FAQs

    What type of property is this?
    Mixed-use property - Prime 1.8-acre commercial lot, ideal for development.
    Where is this mixed-use property located?
    The property is located at 1 Diamond Cv Jonesboro, AR.
    What is the asking price?
    The asking price for this property is $429,000.
    (870) 972-9191
    Request Owner's contact information
    1 Diamond Cv 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
    1 Diamond Cv Jonesboro, AR 72401
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