C-3 Retail Strip
New
For Sale
$1,258,000
3.67 Acres Melrose Street, Jonesboro, AR 72401
Vacant Land, Jonesboro, AR
Property SizeContact for details
Lot Size3.67 Acres
Days on Market2
Property Features for 3.67 Acres Melrose Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Central Business
Subdivision
Browns Replat
Lot features
In Subdivision
Elementary school
JONESBORO
Middle school
JONESBORO
High school
JONESBORO
Directions
From E. Johnson Ave. turn onto Melrose St.
Standard status
Active
APN
01-144171-23900 and 27600
Lot size
3.67 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Lot 2 & B2 of Brown 2nd Replat
Tax Annual Amount
730
Legal Description
Lot 2 & B2 of Brown 2nd Replat
Listing Agency:
Compass Rose Realty
(870) 336-1008
Listed By:
Andrea Andrews
(870) 761-7774
Added: Aug 25
Last Checked: Aug 26 at 8:06AM
MLS# 26034723
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This C-3-zoned commercial property comprises 3.67 +/- acres and includes a 7 Unit Retail Strip Center. An additional .65 +/- acre lot is available as a separate purchase. The property extends from Melrose Street to Russell Drive in Jonesboro and offers two access points or potential driveway locations.
The site is across the street from Arkansas State University and near Northeast Arkansas Baptist Memorial Hospital, Jonesboro Municipal Airport, and local retail and dining establishments. Estimated daily traffic is 20,000, adding measurable exposure to the block-to-block parcel. The combination of an existing multi-unit retail improvement and separately available land creates a clearly defined commercial configuration for review by prospective buyers.
The site is across the street from Arkansas State University and near Northeast Arkansas Baptist Memorial Hospital, Jonesboro Municipal Airport, and local retail and dining establishments. Estimated daily traffic is 20,000, adding measurable exposure to the block-to-block parcel. The combination of an existing multi-unit retail improvement and separately available land creates a clearly defined commercial configuration for review by prospective buyers.
Key Highlights
- 3.67 +/- acres with a 7 Unit Retail Strip Center
- Additional .65 +/- acre lot available separately
- C‑3 commercial zoning
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
335
Businesses Nearby
65k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 66%
Shops & Services 34%
Kum & Go
Shops & Services
22,080 visits/mo
0.2 miles
McDonald's
Dining
20,260 visits/mo
0.0 miles
SONIC Drive In
Dining
10,275 visits/mo
0.5 miles
Church's Chicken
Dining
4,350 visits/mo
0.1 miles
SUBWAY
Dining
2,784 visits/mo
0.3 miles
Demographics for 72401, AR
43,127
Population
19,328
Households
2.2
Avg Household Size
33
Median Age
23%
College-Educated
89%
High-School Grad
88.5 sq mi
ZIP Area
487
Density / Sq Mi
$43,412
Median Household Income
$32,970
Median Earnings
$897
Median Rent
$185,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Commercial property includes a seven-unit retail center with additional land offered separately.
Where is this strip mall located?
The property is located at 3.67 Acres Melrose Street Jonesboro, AR.
What is the asking price?
The asking price for this property is $1,258,000.
What are key features of this property?
This property features: 3.67 +/- acres with a 7 Unit Retail Strip Center; Additional .65 +/- acre lot available separately; C‑3 commercial zoning
