This exceptional 11,150 square foot commercial property, located at 2604 E Matthews Ave in Jonesboro, Arkansas, presents a unique investment opportunity. Built in 1997 and extensively renovated in 2024, this single-story building sits on a 0.88-acre lot in the Primary Retail District. Currently, 3,300 square feet of space is available for lease within this single-tenant building. The property is ideally suited for a variety of uses, including traditional office, executive office, coworking,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?

$3k

Tax billed · 2024

Assessed value$66k

Assessed land$6k

Assessed improvement$60k

Effective rate4.22%

Value estimate

· Nov 2026

$315k

$284k – $347k

Submarket $/SF estimate$986k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$134/SF

ZIP average, outlier-cleaned · 22 recorded sales of this use type

Observed band · Q1–Q3$88 – $189

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

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: Butcher

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Butcher8.2

HVAC Service8.1

Pet Grooming Service8.1

2604 Matthews Ave Jonesboro, AR 72401-4420

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 · 13 properties nearby

Address Sale price Sold Size

2821 Race, Jonesboro, AR 72401-7321 $1,800,000 May 2025 9,600 SF

2600 Fair Park, Jonesboro, AR 72401-5427 $2,200,000 Jun 2023 10,706 SF

2611 Red Wolf, Jonesboro, AR 72401-7423 $1,571,000 Nov 2022 9,110 SF

2816 Crk, Jonesboro, AR 72401-5377 $2,006,700 May 2022 11,300 SF

1506 Washington, Jonesboro, AR 72401-3255 $1,300,000 Feb 2022 11,350 SF

1501 Marketplace, Jonesboro, AR 72401-5219 $450,000 Jan 2022 10,240 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

Value Estimation
$890,000

10,718 SF

2704 Culberhouse St

SHOPPING CENTER, STRIP CENTER

2704 Culberhouse St, Jonesboro, AR 72401-7107

View Details
Value Estimation
$1,065,000

9,184 SF

2100 Highland Dr

SHOPPING CENTER, STRIP CENTER

2100 Highland Dr, Jonesboro, AR 72401-5382

View Details
Value Estimation
$1,025,000

8,800 SF

2203 Red Wolf Blvd

SHOPPING CENTER, STRIP CENTER

2203 Red Wolf Blvd, Jonesboro, AR 72401-6366

View Details
Value Estimation
$505,000

14,442 SF

320 Highland Dr

WHOLESALE OUTLET, DISCOUNT STORE

320 Highland Dr, Jonesboro, AR 72401-5903

View Details
Value Estimation
$1,585,000

15,000 SF

1904 Grant Ave

SHOPPING CENTER, STRIP CENTER

1904 Grant Ave, Jonesboro, AR 72401-6160

View Details
Value Estimation
$955,000

8,250 SF

2935 Parkwood Rd

SHOPPING CENTER, STRIP CENTER

2935 Parkwood Rd, Jonesboro, AR 72401-6367

View Details

Similar Nearby for Sale

$980,000

7,200 SF

7-Unit Strip Retail Center

The property is positioned across the street from Arkansas State University and includes on-site parking.

206 Melrose Street, Jonesboro, AR 72401

View Details
$399,000

3,200 SF

Four-Unit Strip Center

The property accommodates retail, office, salon, service, and professional commercial uses with on-site parking.

4504 E Nettleton Avenue, Jonesboro, AR 72401

View Details
Contact for pricing
1,560 SF

Retail Space with Renovation Plans

Retail space in a multi-tenant center with parking and planned storefront improvements.

2320 E Matthews Ave, Jonesboro, AR 72401

View Details
New

Contact for pricing
1,520 SF

Retail Space

Completed in 2021, the building includes Ding Tea and Lucky Nails & Spa, with Kazoku Hibachi Express planned.

2411 Race Street Suite E, Jonesboro, AR 72401

View Details

Similar Nearby for Lease

New

$15 SF/Yr

1,560 sqft

Strip Center Retail Space

Lease opportunity in an established center near the Matthews Medical Mile and Arkansas State University.

2320 E Matthews Avenue, Jonesboro, AR 72401

View Details
New

$22 SF/Yr

1,520 sqft

Strip Mall Suite with Central Air

The 2021-built suite has electric service and central air.

2411 Race Street Suite B, Jonesboro, AR 72401

View Details
$1,000/Mo

800 sqft

Retail Suite in Four-Unit Center

Leasable commercial space with central air, on-site parking, and direct access from a well-traveled connector avenue.

4504 E Nettleton Avenue, Jonesboro, AR 72401

View Details

Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude

Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

One click on Google

You own 2604 Matthews Ave?

List it free. Reach 20,000 daily buyers.

We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.

2604 Matthews Ave Jonesboro, AR 72401

Property summary