Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    207 E Nettleton Ave Jonesboro, AR 72401
    Back to Search
    Property profile & analytics

    207 E Nettleton Ave Jonesboro, AR 72401

    View on Map
    • Residential land & home lots
    For Sale
    $139,900
    View Listing →
    Multifamily Development Opportunity in Jonesboro For Sale
    $139,900
    0.48 Acres

    Multifamily Development Opportunity in Jonesboro

    Prime lot for multifamily development in a growing Jonesboro area.

    207 E Nettleton Ave, Jonesboro, AR 72401
    View Listing
    Property ID
    US05-0628340
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Residential land & home lots

    Property Details for 207 E Nettleton Ave

    Property type
    Residential land & home lots

    Description

    207 E Nettleton Ave presents a prime opportunity for a multifamily development in Jonesboro, AR. Situated in a rapidly growing area with high demand for housing, this lot offers an ideal canvas for multifamily units to meet the needs of the local community. With proximity to key amenities including schools, shopping centers, restaurants, and recreational facilities and convenient access to major transportation routes, it ensures an easy commute for residents. It is zoned for multifamily development, offers flexibility in design and construction, and essential utilities such as water, electricity, and sewage are nearby for easy connection. Jonesboro has experiencing a steady population growth driven by economic growth and educational opportunities, so it has seen an increased demand for multifamily units in particular. Given the demand for multifamily housing and the favorable market conditions, the project presents a promising opportunity for investors seeking attractive returns in the real estate sector.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.703421
    Latitude
    35.828151

    Comparable in this City

    • $71,000
      3.00 Acres

      Three Acre Wooded Lot

      Three acre wooded lot ready for development in Jonesboro, AR.
      21208 N Culberhouse St, Jonesboro, AR 72401
      View Details
    • Contact for pricing
      0.15 Acres

      Residential Lot in Jonesboro, AR

      Residential lot available in Jonesboro, Arkansas.
      112 W Woodrow St, Jonesboro, AR 72401
      View Details
    • $69,900
      3.00 Acres

      Residential Land Near Jonesboro

      Three-acre home site minutes from Jonesboro city limits.
      876 County Road 755, Jonesboro, AR 72401
      View Details
    • $59,500
      0.22 Acres

      Jonesboro Buildable Lot Opportunity

      Prime 0.22 acre buildable lot in Jonesboro School District.
      1723 Kendrick Dr, Jonesboro, AR 72401
      View Details
    • New
      Contact for pricing
      0.19 Acres

      Residential Lot in Jonesboro

      Residential lot in a cul-de-sac, Jonesboro, Arkansas.
      1411 Oak Terrace Cv, Jonesboro, AR 72401
      View Details
    • Contact for pricing
      0.19 Acres

      Residential Lot in Jonesboro

      Residential lot in a cul-de-sac, Jonesboro, Arkansas.
      1411 Oak Terrace Cv, Jonesboro, AR 72401
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.15 Acres

      Residential Lot in Jonesboro, AR

      Residential lot available in Jonesboro, Arkansas.
      112 W Woodrow St, Jonesboro, AR 72401
      View Details
    • $69,900
      3.00 Acres

      Residential Land Near Jonesboro

      Three-acre home site minutes from Jonesboro city limits.
      876 County Road 755, Jonesboro, AR 72401
      View Details
    • $59,500
      0.22 Acres

      Jonesboro Buildable Lot Opportunity

      Prime 0.22 acre buildable lot in Jonesboro School District.
      1723 Kendrick Dr, Jonesboro, AR 72401
      View Details
    • New
      Contact for pricing
      0.19 Acres

      Residential Lot in Jonesboro

      Residential lot in a cul-de-sac, Jonesboro, Arkansas.
      1411 Oak Terrace Cv, Jonesboro, AR 72401
      View Details
    • Contact for pricing
      0.19 Acres

      Residential Lot in Jonesboro

      Residential lot in a cul-de-sac, Jonesboro, Arkansas.
      1411 Oak Terrace Cv, Jonesboro, AR 72401
      View Details
    • $261,215
      29.35 Acres

      Residential Development Land Opportunity

      Prime 30-acre tract for residential development in Jonesboro, AR.
      1500 Greensboro Rd, Jonesboro, AR 72401
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime Commercial Land For Lease

      Highly visible commercial land available in Jonesboro's retail hub.
      1935 Red Wolf Blvd, Jonesboro, AR 72401
      View Details
    • $1,838 /Mo

      2701 S Caraway Rd, Unit building b1 & b2

      2 PROFESSIONAL OFFICE SPACES FOR LEASE
      2701 S Caraway Rd, Jonesboro, AR 72401
      View Details
    • $3,950 /Mo
      7,708 SF

      Retail Space in Jonesboro, AR

      7,708 SF retail space available for rent in Jonesboro.
      316 E Johnson Ave, Jonesboro, AR 72401
      View Details
    • $13 SF/Yr
      7,370 SF

      High-Visibility Retail/Office Space Available

      Retail and office units with high traffic and visibility.
      2929 S Caraway Rd, Jonesboro, AR 72401
      View Details
    • $5,000 /Mo
      8,000 SF

      Jonesboro Warehouse with Gated Lot

      8,000 SF warehouse with loading dock and gated lot.
      310 Reeves St, Jonesboro, AR 72401
      View Details
    • $6,500 /Mo
      8,148 SF

      Two-Story Office Complex in Jonesboro

      8,148 SF two-story office complex for lease.
      1217 Stone St, Jonesboro, AR 72401
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    207 E Nettleton Ave
    Jonesboro, AR 72401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    207 E Nettleton Ave, Jonesboro, AR, 72401
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!