Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    240 Un St Jonesboro, AR 72401-2813
    Property profile & analytics

    240 Un St, Jonesboro, AR 72401-2813

    View on Map
    • Retail space
    • 2,250 SF
    Off-Market
    Property ID
    US05-1239611
    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

    • Be A Bombshell Cosmetics / Cosmetic Store
    • Adara Boutique / Clothing Store

    Property Details for 240 Un St

    Property type
    Retail space
    APN
    01-144183-53300
    APU
    114418353300

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 19, 2005 $45,000 Universal Group Investments LLC Holiday Highlights LLC Warranty Deed $32k · American State Bank

    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
    -90.7055
    Latitude
    35.8407
    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
    $1,014
    $4,950
    $19,087
    $24,037
    -
    $24,750
    $95,435
    $120,185

    Comparable in this City

    • Value Estimation by Request
      10,004 SF

      411 Un St, Unit 3

      RETAIL STORES (PERSONAL SERVICES)
      411 Un St, Jonesboro, AR 72401-2832
      View Details
    • Value Estimation by Request
      100 SF

      1403 Bittle St

      RETAIL STORES (PERSONAL SERVICES)
      1403 Bittle St, Jonesboro, AR 72401-5369
      View Details
    • Value Estimation by Request
      816 SF

      218 Un St

      RETAIL STORES (PERSONAL SERVICES)
      218 Un St, Jonesboro, AR 72401-2851
      View Details
    • Value Estimation by Request
      999 SF

      316 Main St

      RETAIL STORES (PERSONAL SERVICES)
      316 Main St, Jonesboro, AR 72401-2909
      View Details
    • Value Estimation
      $600,000
      7,995 SF

      3212 Nettleton Ave

      RETAIL STORES (PERSONAL SERVICES)
      3212 Nettleton Ave, Jonesboro, AR 72401-5418
      View Details
    • Value Estimation by Request
      5,836 SF

      1107 Gee St

      RETAIL STORES (PERSONAL SERVICES)
      1107 Gee St, Jonesboro, AR 72401-3840
      View Details

    Similar Nearby for Sale

    • $1,999,000
      12,000 SF

      Jonesboro Mixed-Use Retail Opportunity

      High-visibility mixed-use property in active Jonesboro trade area.
      1421 S Caraway Rd, Jonesboro, AR 72401
      View Details
    • Contact for pricing
      6,600 SF

      Modern Office/Retail Development For Sale

      Modern office/retail buildings in high-demand area near NEA Baptist.
      3637 E Johnson Ave, Jonesboro, AR 72401
      View Details
    • $599,900
      7,708 SF

      Versatile Retail/Industrial Space in Jonesboro

      7,000+ sq ft building in high-traffic Jonesboro location.
      316 E Johnson Ave, Jonesboro, AR 72401
      View Details
    • New
      Contact for pricing
      1,454 SF

      Freestanding Retail Salon Building

      Salon-ready retail building with multiple rooms, two restrooms, and plumbing for five salon stations.
      603 W Matthews Ave, Jonesboro, AR 72401
      View Details
    • $1,100,000
      3,192 SF

      Retail Building in Jonesboro, AR

      3,192 SF retail building on 0.64 acres for sale.
      400 Southwest Dr, Jonesboro, AR 72401
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,500 SF

      High Profile Retail Space Available

      Prime retail space with high traffic exposure in Jonesboro, AR.
      2203 Red Wolf Blvd, Jonesboro, AR 72401
      View Details
    • Contact for pricing
      4,000 SF

      Retail Space in High-Traffic Area

      Retail and restaurant spaces available in a high-traffic downtown location.
      200 E Johnson Ave, Jonesboro, AR 72401
      View Details
    • Contact for pricing
      6,860 SF

      Stand-Alone Building on Red Wolf

      7,000 SF stand-alone building with ample parking and access.
      1324 Red Wolf Blvd, Jonesboro, AR 72401
      View Details
    • Contact for pricing
      4,500 SF

      Retail Space in High Traffic Area

      Retail space for lease in a high-traffic commercial zone.
      2213 S Caraway Rd, Jonesboro, AR 72401
      View Details
    • Contact for pricing

      Prime Retail Space in Jonesboro

      Proposed retail center in Jonesboro's thriving retail sector.
      2701 Parkwood Rd, Jonesboro, AR 72401
      View Details
    • Contact for pricing

      Red Wolf Blvd Retail Space

      Modern retail center with high traffic and national neighbors.
      2200 Red Wolf Blvd, Jonesboro, AR 72401
      View Details
    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.
    240 Un St
    Jonesboro, AR 72401-2813
    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
    240 Un St, 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!