880 Pershing Hwy Jonesboro, LA 71251-2044
This exceptional mixed-use property presents a unique investment opportunity in the thriving town of Jonesboro, Louisiana. Situated on a sizable 0.54-acre lot at 880 Pershing Highway, this property offers significant potential for a variety of commercial ventures. The existing structure provides a solid foundation for immediate occupancy or redevelopment, catering to diverse business needs. A key feature included in the sale is a functional ice machine, adding immediate value and potential revenue streams. The property's location within Jonesboro ensures high visibility and accessibility, making it an attractive proposition for entrepreneurs and investors alike. The asking price of $175,000 represents a compelling entry point into the Jonesboro commercial real estate market. This is a chance to acquire a versatile property with immediate utility and significant long-term growth potential. Serious inquiries are encouraged to explore this exciting opportunity further. The property is ready for its next chapter, and the possibilities are endless. Don't miss out on this chance to establish your business in a prime Jonesboro location.
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FYZICAL Fitness Gym Jonesboro Gym & Fitness Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.