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Property profile & analytics
OFF-MARKET
Land

5 Fair Park Blvd Jonesboro, AR 72401

1.95 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Lot 1.95 ac (84,942 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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