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    201 E Johnson Ave Jonesboro, AR 72401

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    For Sale
    $1,020,480

    Profitable O'Reilly Auto Parts with long-term commitment and strategic positioning.

    Property size:
    6,575 SF
    Lot size:
    0.99 Acres

    Property Features for 201 E Johnson Ave

    General Information

    Size
    6,575 SF
    Lot size
    0.99 Acres

    Source: Matthews Real Estate Investment Services - Orange County Agent Conrad Sarreal

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    O'Reilly Auto Parts Investment

    This property is occupied by O'Reilly Auto Parts, which initially signed a 10-year lease starting in 2001 and has since demonstrated a strong commitment to the location through a series of extensions or 5-year renewals, most recently extending through 2034. The tenant is responsible for insurance and taxes, and rent can be received systematically through direct deposit. The property benefits from a strategic position with 19,400 vehicles per day on E Johnson Ave, with additional access and visibility from E Main St, which leads to both Downtown Jonesboro and Arkansas State University, and benefits from an additional 15,000 VPD. A new coating was added to the roof in 2019 with a 10-year warranty. The property size is 6575 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    O'Reilly Auto Parts Auto Parts Store

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Randy's Auto Service & Sales, Dr Dwayne's Automotive Specialist, J&K Automotive LLC, Plaza Tire Service, Stenberg Heavy Duty Towing

    Location Insight

    • Map
    • Local Demand
    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.703443
    Latitude
    35.844883

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    FAQs

    What type of property is this?
    Auto shop - Profitable O'Reilly Auto Parts with long-term commitment and strategic positioning.
    Where is this auto shop located?
    The property is located at 201 E Johnson Ave Jonesboro, AR.
    What is the asking price?
    The asking price for this property is $1,020,480.
    What are key features of this property?
    This property features: - Long-term lease extension through 2034 demonstrates O'Reilly Auto Parts' strong commitment.; - Significantly below-average rent ($63,780 vs. $110,000 average) enhances long-term profitability.; - O'Reilly Auto Parts' revenue has grown by an average of nearly 10% per year since 2019.
    (214) 692-2847
    Request Owner's contact information
    201 E Johnson Ave Jonesboro, AR 72401
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    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
    201 E Johnson Ave Jonesboro, AR 72401
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