201 E Johnson Ave Jonesboro, AR 72401
Property Lookup
Property profile & analytics
201 E Johnson Ave Jonesboro, AR 72401
- Retail space
- 3,104 SF
- 0.82 lot acres
Property ID
US05-1336239
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- O'Reilly Auto Parts / Auto Parts Store
Property Details for 201 E Johnson Ave
- Year built
- 2002
- Lot size
- 0.82 lot acres
- Property size
- 3,104 SF
- Property type
- Retail space
- APN
- 01-144181-36400
- APU
- 114418136400
Description
This exceptional investment opportunity presents a single-story, 6,575 square foot O'Reilly Auto Parts retail building located at 201 E Johnson Ave, Jonesboro, AR 72401. Built in 2002, the property boasts a 100% occupancy rate with a strong, established tenant. O'Reilly Auto Parts has demonstrated a long-term commitment, with a lease extending through 2034, showcasing their consistent success at this location. The property offers a compelling 6.25% cap rate and a net operating income (NOI) of $63,780, significantly below the average rent for comparable O'Reilly Auto Parts locations. The asking price is $1,020,480, translating to $155 per square foot. The property benefits from high visibility due to its strategic location on E Johnson Ave (19,400 VPD) and proximity to E Main St (15,000 VPD), leading to downtown Jonesboro and Arkansas State University. Furthermore, the property features a recently reinforced roof (2019) with a remaining 10-year warranty, minimizing immediate maintenance concerns. The tenant handles all property taxes and insurance, making this a largely passive investment opportunity. O'Reilly Auto Parts' impressive revenue growth (nearly 10% annually since 2019) and strong stock performance further solidify this investment's potential. This is a rare chance to acquire a well-positioned, high-performing retail asset with a secure, long-term tenant in a thriving market.
Value Estimations
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CAP approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Jonesboro
- County
- Craighead
- State
- Arkansas
- Longitude
- -90.7034
- Latitude
- 35.8449
- CBSA code
- 27860
- CBSA name
- JONESBORO, AR METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$3,467
$28,621
$53,534
$82,155
-
$143,105
$267,670
$410,775
