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Property profile & analytics
OFF-MARKET
Investment properties

880 Pershing Hwy Jonesboro, LA 71251-2044

Individually Owned 4-yr Hold ~ Est. High Equity
Property ID
US36-1830443
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
APN 95019800
UPID US36-1830443
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
Current use
Occupant on record · Public records
  • FYZICAL Fitness Gym Jonesboro Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Mark A Kennedy · 4 yrs held
Mark A Kennedy
since 2022
Last sale
$88,000
3 recorded transactions
2022
$88,000
2016
Price N/A
2014
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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