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    2601 Fair Park Blvd Jonesboro, AR 72401

    Sponsored
    For Sale
    $632,256

    Prime Jonesboro development site, 1.21 acres, all utilities.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.21-acre commercial/industrial land parcel presents a remarkable development opportunity in the heart of Jonesboro, Arkansas. Located at 2601 Fair Park Blvd, this property boasts a highly desirable location near the intersection of Race Street and Fair Park Boulevard, a major thoroughfare connecting Red Wolf Boulevard (Highway 49) and Caraway Road. Its strategic position ensures high visibility and accessibility, making it ideal for a variety of commercial ventures. The site is situated in Craighead County, zip code 72401, and benefits from the presence of established businesses in close proximity. Neighbors include FNBC Bank, Plato's Closet, 1812 Pizza Company, the United States Postal Service, Gateway Tire, and an Aldi grocery store, as well as a newly constructed shopping center. The property's versatility is further enhanced by the possibility of re-platting the lot to accommodate smaller or larger developments. All necessary utilities are readily available, and all water detention requirements have been completed by the developer, streamlining the development process. This is a truly exceptional opportunity for developers seeking a prime location with excellent infrastructure and strong surrounding commercial activity. The asking price for this exceptional property is $632,256.

    Property Features for 2601 Fair Park Blvd

    General Information

    Property type
    Land
    Lot Size
    52,708 SF

    HighLights

    • High‑profile location neighboring FNBC Bank.
    • Excellent visibility across from Plato's Closet and 1812 Pizza.
    • Strong co‑tenancy with USPS, Gateway Tire, Aldi, and a new shopping center.
    • Flexible lot sizes available via re‑platting.
    • All utilities are readily accessible.
    • Complete water detention infrastructure in place.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.6734582
    Latitude
    35.8154547

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    FAQs

    What type of property is this?
    Land - Prime Jonesboro development site, 1.21 acres, all utilities.
    Where is this land located?
    The property is located at 2601 Fair Park Blvd Jonesboro, AR.
    What is the asking price?
    The asking price for this property is $632,256.
    What are key features of this property?
    This property features: High-profile location neighboring FNBC Bank.; Excellent visibility across from Plato's Closet and 1812 Pizza.; Strong co-tenancy with USPS, Gateway Tire, Aldi, and a new shopping center.
    Request Owner's contact information
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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
    2601 Fair Park Blvd Jonesboro, AR 72401
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