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    Fair Park Blvd Jonesboro, AR 72401

    Sponsored
    For Sale
    $790,000

    Prime 1-acre retail land, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.02-acre commercial lot presents a rare opportunity in Jonesboro, Arkansas's thriving retail sector. Located at the highly visible corner of Parkwood Drive and Fair Park Boulevard within the Township Centre development, this C-3 zoned property boasts unparalleled exposure. The site benefits from its position adjacent to two major big-box retailers, Kohl's and Lowe's, and is surrounded by a diverse range of established businesses including Academy Sports, Cheddar's Casual Cafe, Panera Bread, and many more. With daily traffic counts exceeding 32,000 vehicles on Red Wolf Boulevard and 11,000 on Race Street, this location guarantees maximum visibility and accessibility for any business. The lot's size allows for the construction of a stand-alone building up to 3,500 square feet, making it ideal for a quick-service restaurant (QSR) requiring a drive-thru or other retail establishments seeking high foot and vehicle traffic. The property's APN is 01-144282-04940. This is one of only three remaining tracts in this successful development, offering a unique chance to establish a presence in Jonesboro's premier retail destination. The asking price is $790,000.

    Property Features for 0 Fair Park Blvd

    General Information

    Property type
    Land
    Lot Size
    44,431 SF

    HighLights

    • 1.02‑acre commercial lot in Jonesboro, AR's Township Centre, a thriving retail development.
    • Corner lot with high visibility, situated in front of Kohl's and Lowe's.
    • Excellent access and visibility with daily traffic counts exceeding 32,000 vehicles.
    • Buildable up to 3,500 square feet, ideal for a quick‑service restaurant with a drive‑thru.
    • One of three remaining lots in this successful development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.673370282166
    Latitude
    35.817879616069

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    FAQs

    What type of property is this?
    Land - Prime 1-acre retail land, high visibility.
    Where is this land located?
    The property is located at Fair Park Blvd Jonesboro, AR.
    What is the asking price?
    The asking price for this property is $790,000.
    What are key features of this property?
    This property features: 1.02-acre commercial lot in Jonesboro, AR's Township Centre, a thriving retail development.; Corner lot with high visibility, situated in front of Kohl's and Lowe's.; Excellent access and visibility with daily traffic counts exceeding 32,000 vehicles.
    (870) 284-4448
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    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
    Fair Park Blvd Jonesboro, AR 72401
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