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Commercial Land Near University
For Sale
$449,000

1171 E Johnson Avenue, Jonesboro, AR 72401

COMMERCIAL - Jonesboro, AR

Property SizeContact for details
Lot Size4.17 Acres
Days on Market933

Property Features for 1171 E Johnson Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Central Business, Industrial - Intermediate
Subdivision Cobb & Lee
Lot features Level
Directions From Arkansas State University go west on Johnson Ave about 1/2 mile. Property is on the S side of Johnson at Howard.
Standard status Active
Lot size 4.17 Acres

Taxes and HOA fees

Tax Description Part Lot 9 & 10 Cobb & Lee
Tax Annual Amount 918
Legal Description Part Lot 9 & 10 Cobb & Lee

Utilities

Utilities Propane
Listing Agency: Halsey Real Estate
Listed By: Martin Young · License #00071488
Added: Jan 30, 2024 Changed: Aug 4 Last Checked: Aug 20 at 11:06AM
MLS# 24018645

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.

This 4.17-acre property is zoned for commercial and industrial use and is situated in an Opportunity Zone, potentially offering financial advantages for developers. The land is level, positioned slightly below the grade of Johnson Avenue, and is not located within a flood zone. All city utilities are accessible. The property is ready for development and features frontage on Johnson, Howard, and Aggie streets. It is located near Arkansas State University.

Key Highlights

  • Located in Opportunity Zone: Offers substantial financial benefits for developers
  • Prime Location: Just steps from Arkansas State University with frontage on three streets
  • Development Ready: Level 4.17‑acre lot with all city utilities available

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Big Box & Wholesale Store Kitchen & Bath Showroom Auto Parts Store Dental Office Storage Facility Furniture & Home Goods

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

Location Intelligence

Trade Area within ½ mile

669
Businesses Nearby

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

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - 4.17 acres of commercial/industrial land near Arkansas State.
Where is this commercial land located?
The property is located at 1171 E Johnson Avenue Jonesboro, AR.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Located in Opportunity Zone: Offers substantial financial benefits for developers; Prime Location: Just steps from Arkansas State University with frontage on three streets; Development Ready: Level 4.17‑acre lot with all city utilities available
More about this property
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