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Property profile & analytics
FOR SALE
Commercial land

2601 Fair Park Blvd Jonesboro, AR 72401

1.21 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US05-0859604
Property summary
AI-generated overview

This exceptional 1.21-acre commercial/industrial land parcel presents a remarkable development opportunity in the heart of Jonesboro, Arkansas. Located at 2601 Fair Park Blvd, this property boasts a highly desirable location near the intersection of Race Street and Fair Park Boulevard, a major thoroughfare connecting Red Wolf Boulevard (Highway 49) and Caraway Road. Its strategic position ensures high visibility and accessibility, making it ideal for a variety of commercial ventures. The site is situated in Craighead County, zip code 72401, and benefits from the presence of established businesses in close proximity. Neighbors include FNBC Bank, Plato's Closet, 1812 Pizza Company, the United States Postal Service, Gateway Tire, and an Aldi grocery store, as well as a newly constructed shopping center. The property's versatility is further enhanced by the possibility of re-platting the lot to accommodate smaller or larger developments. All necessary utilities are readily available, and all water detention requirements have been completed by the developer, streamlining the development process. This is a truly exceptional opportunity for developers seeking a prime location with excellent infrastructure and strong surrounding commercial activity. The asking price for this exceptional property is $632,256.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.21 ac (52,708 SF)
APN 01-144283-00818
UPID US05-0859604
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
FAIR PARK CROSSING LLC
FAIR PARK CROSSING LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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