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    2601 Fair Park Blvd Jonesboro, AR 72401

    Sponsored
    For Sale
    $632,256

    1.21 Acres, Prime Jonesboro Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 1.21-acre commercial land parcel presents a remarkable development opportunity in the heart of Jonesboro, Arkansas. Strategically located near the intersection of Race Street and Fair Park Boulevard, a major thoroughfare connecting Red Wolf Boulevard (Highway 49) and Caraway Road, this property enjoys unparalleled visibility and accessibility. Its prime location places it in close proximity to established businesses, including FNBC Bank, Plato's Closet, 1812 Pizza Company, the United States Post Office, Gateway Tire, and an Aldi grocery store. A newly constructed shopping center further enhances the area's commercial vibrancy. The property's versatility is amplified by the possibility of replatting the lot to accommodate various development scales, catering to diverse project needs. All utilities are readily available, and the developer has already completed all necessary water detention requirements, streamlining the development process. This exceptional location and the convenience of readily available utilities and completed water detention make this a truly exceptional investment opportunity. The address is 2601 Fair Park, Jonesboro, AR 72401, within Craighead County.

    Property Features for 2601 Fair Park Blvd

    General Information

    Property type
    Land
    Lot Size
    52,708 SF

    HighLights

    • $632,256 asking price.
    • 1.21‑acre commercial land parcel.
    • Located in Jonesboro, AR, at 2601 Fair Park.
    • High‑traffic corner location near major connecting roads.
    • Excellent visibility and proximity to established businesses including FNBC Bank, Plato's Closet, and Aldi.
    • Utilities available and water detention completed.
    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
    -90.674206
    Latitude
    35.812992

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    FAQs

    What type of property is this?
    Land - 1.21 Acres, Prime Jonesboro Location
    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: $632,256 asking price.; 1.21-acre commercial land parcel.; Located in Jonesboro, AR, at 2601 Fair Park.
    Request Owner's contact information
    2601 Fair Park Blvd 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
    2601 Fair Park Blvd Jonesboro, AR 72401
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