1 Diamond Cv Jonesboro, AR 72401
This exceptional 1.8-acre commercial property presents a unique investment opportunity in Jonesboro, Arkansas. Strategically located off Fair Park Boulevard, this mixed-use lot offers unparalleled visibility and accessibility. The expansive 78,408 square feet provide ample space for a variety of development projects, catering to diverse business needs. Its prime location ensures high traffic volume and strong potential for attracting a wide range of clientele. This property is particularly attractive due to its adjacency to two other similarly sized lots (1.76 acres and 1.8 acres), also available for purchase, presenting the possibility of acquiring a significantly larger contiguous parcel for a major development project. The combined acreage offers substantial potential for large-scale commercial ventures, creating a unique opportunity for synergy and expansion. This is a rare chance to secure a substantial commercial holding in a thriving area of Jonesboro, poised for significant growth and return on investment. The property's location and size make it an exceptional opportunity for developers seeking a prominent site for a mixed-use project. Serious inquiries are encouraged to explore the full potential of this remarkable property. The asking price is $429,000.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.