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Corner Commercial Land
For Sale
$324,900

2001 Margo Lane, Jonesboro, AR 72401

Commercial / Industrial, Jonesboro, AR

Property Size1,400 SF
Lot Size0.50 Acres
Price / SF$232.07
Days on Market235

Property Features for 2001 Margo Lane

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Lazy Acres
Lot features Level
Directions East on Highland/Hwy 18 to Commerce (MLK) Drive, on Right at Margo Lane.
Standard status Active
APN 01-144252-02500
Size 1,400 SF
Lot size 0.50 Acres

Taxes and HOA fees

Tax Description Pt Lot 5/A Lazy Acres
Legal Description Pt Lot 5/A Lazy Acres
Listing Agency: Coldwell Banker Village Communities
Listed By: Rick Wyatt · License #000008358
Added: Feb 4 Changed: Sep 3 Last Checked: Sep 27 at 3:06PM
MLS# 26004464

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 approximately 0.5-acre commercial land parcel occupies a corner at Margo Lane and East Highland, also identified as Hwy 18. The site is approximately 210 feet along East Highland and approximately 105 feet deep, providing a substantial street presence for a compact commercial parcel. The property carries a C-3 limited-use overlay and is currently tenant occupied under a month-to-month arrangement.

The site is positioned along the proposed east bypass on MLK Drive, which is planned to connect with Hwy 49 at the Farville curve and route traffic from Red Wolf toward the I-555 connection. Food outlet and convenience store concepts are identified as potential uses for the property.

Key Highlights

  • Approximately 0.5‑acre commercial land parcel
  • C‑3 limited‑use overlay
  • ±210' frontage on East Highland (Hwy 18)

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Real Estate Agency Garden Center (Bike/Boat/Book/etc) Store Hair Salon

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

93
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - C-3 limited-use overlay parcel with frontage on East Highland and a corner position at Margo Lane.
Where is this commercial land located?
The property is located at 2001 Margo Lane Jonesboro, AR.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: Approximately 0.5‑acre commercial land parcel; C‑3 limited‑use overlay; ±210' frontage on East Highland (Hwy 18)
More about this property
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