155 Howard St, Jonesboro, AR 72401
This exceptional 4.17-acre commercial land parcel presents a remarkable investment opportunity in Jonesboro, Arkansas. Strategically located near Arkansas State University (ASU), this vacant lot offers significant development potential. The property boasts convenient access from Johnson Avenue, with existing ingress already established. Its prime location borders both Johnson Avenue and Aggie Road, extending along Howard Street. The land is largely clear, with minimal tree coverage, simplifying development plans. Currently zoned C-3, allowing for a wide range of commercial and industrial uses, this site is particularly well-suited for multi-family development, given its proximity to ASU. The asking price is $449,000. The property's address is 1171 E. Johnson Avenue, Jonesboro, AR 72401, situated within Craighead County. This location offers excellent visibility and accessibility, making it an ideal choice for investors seeking high-return opportunities in a thriving area. The property's size and zoning provide ample flexibility for various development projects, catering to a diverse range of commercial needs. Its proximity to ASU ensures a consistent flow of potential customers and residents. This is a rare opportunity to acquire a substantial commercial land parcel in a prime location with significant growth potential.
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.