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Development Land Near University
For Sale
$449,000

1171 E Johnson Ave, Jonesboro, AR 72401

Commercial and industrial land near Arkansas State University.

Property SizeContact for details
Lot Size4.17 Acres
Days on Market934

Property Features for 1171 E Johnson Ave

General Information

Standard status Active
Lot size 4.17 Acres
Property subtype Land
Listing Agency: Halsey Real Estate
Listed By: Martin Young · License #00071488
Source: Exprealty
Added: Jan 31, 2024 Changed: Aug 20 Last Checked: Aug 21 at 11:15AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Halsey Real Estate

Investment Insights

Based on property information with market context.

This 4.17-acre property is zoned for commercial and industrial use and is ready for development. The site is level, situated just below the grade of Johnson Avenue, and is not located in a flood zone. It features frontage on Johnson Avenue, Howard Street, and Aggie Road, positioning it steps away from Arkansas State University. All city utilities are available to the property. Located in an Opportunity Zone, the property offers potential financial benefits for developers.

Key Highlights

  • Located in Opportunity Zone offering substantial financial benefits for developers.
  • Zoned commercial and industrial, ready for development.
  • 4.17 acres with frontage on three streets**: Johnson, Howard, and Aggie.

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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial and industrial land near Arkansas State University.
Where is this commercial land located?
The property is located at 1171 E Johnson Ave 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 offering substantial financial benefits for developers.; Zoned commercial and industrial, ready for development.; 4.17 acres with frontage on three streets**: Johnson, Howard, and Aggie.
More about this property
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