5 Fair Park Blvd Jonesboro, AR 72401
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
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.
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.