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    403 Jonathan Jonesboro, AR 72405

    For Sale
    $460,000

    75-unit self-storage facility near Arkansas State University.

    Property size:
    10,800 SF

    Property Features for 403 Jonathan

    General Information

    Size
    10,800 SF

    Source: Blair Cook Agent Blair Cook

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

    Overview

    Self-Storage Investment Near University

    This self-storage property comprises 3 buildings with a total of 75 units. The property is located near Arkansas State University and just north of downtown Jonesboro. The exterior has been freshly painted. The property offers an opportunity to own income-producing mini-storage units.
    Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.704279
    Latitude
    35.8422967

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    FAQs

    What type of property is this?
    Self storage facility - 75-unit self-storage facility near Arkansas State University.
    Where is this self storage facility located?
    The property is located at 403 Jonathan Jonesboro, AR.
    What is the asking price?
    The asking price for this property is $460,000.
    What are key features of this property?
    This property features: - Income-producing self-storage property with 75 units.; - Ideally located near Arkansas State University and downtown Jonesboro.; - Opportunity for steady passive income and solid returns.
    (870) 935-7800
    Request Owner's contact information
    403 Jonathan Jonesboro, AR 72405
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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
    403 Jonathan Jonesboro, AR 72405
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