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    5 Fair Park Blvd Jonesboro, AR 72401

    Sponsored
    For Sale
    $850,100

    Prime Jonesboro location, C3 zoning, buildable lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.95-acre commercial/industrial lot, identified as Lot 5 Fair Park Blvd, is ideally situated in Jonesboro, Arkansas, zip code 72401, within Craighead County. The property boasts a highly desirable C3 zoning designation, opening up a wide range of development possibilities. Its strategic location directly behind established businesses like Casa Maya and Tokyo House on South Caraway Road, a major Jonesboro thoroughfare, ensures high visibility and accessibility. Nearby businesses include Enterprise, German Auto Tech Jonesboro, and Aldi, indicating a thriving commercial environment. The lot is adjacent to other developing land, presenting an excellent opportunity for synergy and growth. All utilities are readily available, and the developer has already completed all necessary water detention work, streamlining the development process. The lot's size offers flexibility

    Property Features for 5 Fair Park Blvd

    General Information

    Property type
    Land
    Lot Size
    84,942 SF

    HighLights

    • Flexible lot sizes available; replatting permitted.
    • All utilities are on‑site.
    • 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 Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.677341458328
    Latitude
    35.811507479425

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    FAQs

    What type of property is this?
    Land - Prime Jonesboro location, C3 zoning, buildable lot.
    Where is this land located?
    The property is located at 5 Fair Park Blvd Jonesboro, AR.
    What is the asking price?
    The asking price for this property is $850,100.
    What are key features of this property?
    This property features: Flexible lot sizes available; replatting permitted.; All utilities are on-site.; Complete water detention infrastructure in place.
    Request Owner's contact information
    5 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
    5 Fair Park Blvd Jonesboro, AR 72401
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