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Financial
Distress signals
Property profile

238 Union St Jonesboro, AR 72401

FOR SALE
Parking lots & garages
Property ID
US05-1956534
4,450 SF
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

228 and 238 Union Street are vacant parcels within the Downtown Jonesboro Entertainment District, offered as a ground-up development site with approximately 9,000 square feet of space. The development site is estimated to accommodate approximately 30 parking spaces and is positioned to provide visibility along Union Street. The zoning is C-1*, and the site is estimated to experience approximately 7,000 vehicles per day. Depending on permitting and design, the location supports a range of uses…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$1k
Tax billed · 2024
Assessed value$46k
Assessed land$10k
Assessed improvement$36k
Effective rate2.90%

Value estimate

· Oct 2026
$295k
$266k – $325k
AI approach$295k
NOI build-up
Gross scheduled income$117k
Vacancy & credit loss−$7k
Operating expenses−$33k
NOI · 30.67% cap applied$77k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
30.67%
$77k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCRAIGHEAD

Location intelligence

Which uses thrive at this corner?
Best fit: Pawn Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pawn Shop10.3
Electrical Service10.1
Computer & Electronic Repair9.7

Location

238 Union St Jonesboro, AR 72401
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2018 Washington, Jonesboro, AR 72401-2576 $220,000 Nov 2022 4,800 SF
1003 Gee, Jonesboro, AR 72401-3838 $81,890 Jun 2022 4,765 SF
3001 Nettleton, Jonesboro, AR 72401-5415 $4,400,000 Dec 2021 4,588 SF
1012 Johnson, Jonesboro, AR 72401-2230 $30,000 Sep 2020 4,212 SF
1821 Caraway, Jonesboro, AR 72401-5248 $5,961,200 Dec 2019 5,788 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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