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    Parkwood Rd & Fair Park Blvd Jonesboro, AR

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    For Sale
    $2,900,000

    Development-ready commercial land with high visibility and traffic counts.

    Lot size:
    6.49 Acres

    Property Features for Parkwood Rd & Fair Park Blvd

    General Information

    Lot size
    6.49 Acres

    Source: Haag Brown Commercial Agent Josh Brown

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

    Overview

    Prime Retail Development Land Available

    This development-ready site benefits from existing infrastructure and commercial zoning. It offers significant exposure on Red Wolf Boulevard, with traffic counts reaching 34,000 cars per day, and Race Street, which sees 11,000 cars per day. Lot 1, situated at the intersection of Parkwood Road and Fair Park Boulevard, is the only remaining hard corner within the development. It is bordered by Once Upon a Child to the south and Boho Extension Co. & Salon/The Good Feet Store to the east, and faces national retailers Kohl's and Lowe's. The 1.02-acre site is suitable for a restaurant or retailer requiring high visibility and easy access, and can accommodate up to 3,500 square feet of stand-alone space. Additionally, the entire +/- 6.49-acre tract behind Tacos 4 Life and Chicken Salad Chick is available for purchase, presenting a rare opportunity for prime retail development.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.704279
    Latitude
    35.8422967

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    FAQs

    What type of property is this?
    Land - Development-ready commercial land with high visibility and traffic counts.
    Where is this land located?
    The property is located at Parkwood Rd & Fair Park Blvd Jonesboro, AR.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: - Prime retail development land opportunity - one of a kind in the market.; - Development-ready site with major infrastructure and commercial zoning in place.; - High visibility location on Red Wolf Boulevard with 34,000 cars per day.
    (870) 336-8000
    Request Owner's contact information
    Parkwood Rd & Fair Park Blvd Jonesboro, AR
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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
    Parkwood Rd & Fair Park Blvd Jonesboro, AR
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