1820 1 Security Way, Jonesboro, AR 72405
This exceptional 1.13-acre commercial lot in Jonesboro, Arkansas, presents a remarkable investment opportunity. Located at 1820 E First Security Way, this C-3 LUO zoned property boasts a highly desirable location in the thriving Hilltop area, situated between Arkansas State University and NEA Baptist Memorial Hospital. Its strategic placement ensures high visibility and accessibility, with neighboring businesses including Wendy's, Arby's, and First National Bank. The property offers two convenient access points, one of which is a signalized intersection, mitigating traffic congestion concerns during peak hours. This translates to effortless ingress and egress for customers and clients. The average daily traffic count of 23,000 vehicles underscores the significant potential for attracting a substantial customer base. This prime location not only benefits from local Jonesboro commerce but also draws commuters from neighboring towns like Brookland and Paragould. The asking price for this exceptional property is $300,000. This 1.13 acre lot in Craighead County, Arkansas, zip code 72405, presents a unique chance to establish a thriving business in a high-traffic, high-visibility area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.