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    Diamond Cv Jonesboro, AR 72401

    Sponsored
    For Sale
    $295,000

    1.8-acre commercial lot, prime retail location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 1.8-acre commercial land parcel, located at Diamond Cove in Jonesboro, Arkansas (zip code 72401, APN 01-144283-04200), presents a unique investment opportunity. Situated in Craighead County within Jonesboro's thriving Primary Retail District, this C-3 zoned property enjoys high visibility and traffic volume. Its strategic location offers easy access to a variety of amenities and neighbors both local and national retail, service, and hospitality businesses. The property's west entrance location places it at the gateway to a significant portion of Jonesboro's hospitality sector. This presents a compelling opportunity for businesses seeking expansion or a new establishment in a high-demand area. The ample space allows for diverse development possibilities. Furthermore, the availability of an adjoining parcel provides the potential for assemblage, creating an even more substantial investment package. This is a rare chance to acquire a prime commercial lot in a bustling retail area with significant growth potential.

    Property Features for 0 Diamond Cv

    General Information

    Property type
    Land
    Lot Size
    78,408 SF

    HighLights

    • Assemblage opportunity with adjoining parcels available.
    • Ideally situated in Jonesboro's prime retail corridor.
    • Strong tenant mix including local, regional, and national businesses.
    • West entrance location to Jonesboro's major hospitality district.
    • Excellent location for diverse business ventures.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.672698300283
    Latitude
    35.812300072495

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    FAQs

    What type of property is this?
    Land - 1.8-acre commercial lot, prime retail location.
    Where is this land located?
    The property is located at Diamond Cv Jonesboro, AR.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: Assemblage opportunity with adjoining parcels available.; Ideally situated in Jonesboro's prime retail corridor.; Strong tenant mix including local, regional, and national businesses.
    Request Owner's contact information
    Diamond Cv Jonesboro, AR 72401
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    Jonesboro, AR 72401
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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
    Diamond Cv Jonesboro, AR 72401
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