Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
Property profile & analytics

880 Pershing Hwy Jonesboro, LA 71251-2044

  • Investment properties
OFF-MARKET
Value Estimation
$75,000
Last Sale
Apr 07, 2022
$88,000
Location Intelligence
Property ID
US36-1830443
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.

Current Use by Public Records

  • FYZICAL Fitness Gym Jonesboro / Gym / Fitness Center

Property Details for 880 Pershing Hwy

Property type
Investment properties
Property subtype
Retail residential properties
APN
95019800
APU
95019800

Description

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.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $70,000
  • CAP approach

    CAP return
    Estimation
    6%
    $85,000
    6.5%
    $85,000
    7%
    $85,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $95,000
    Geo Method
    $90,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $80,000
    Retail
    $70,000
    Mixed-Use
    $80,000
    Hospitality
    $85,000
    Educational
    $75,000
    Residential Income
    $75,000
    Energy
    $70,000
    Income-Based Land
    $75,000
    Food Service
    $75,000

Location Insight

  • Map
  • Local Demand
City
Jonesboro
County
Jackson
State
Louisiana
Longitude
-92.7226
Latitude
32.2574
CBSA code
40820
CBSA name
RUSTON, LA MICROPOLITAN 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
2023
$471
$1,200
$3,000
$4,200
-
$12,000
$20,000
$32,000
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