2412 E Johnson Ave Jonesboro, AR 72401
Estimated payment $14,944/month
About This Lot
High-Visibility ±8.46 Acres | Directly Across from Arkansas State University Strategically located on one of Jonesboro’s busiest commercial corridors, this ±8.46-acre C-3 zoned parcel offers a rare opportunity for long-term value creation. Positioned directly across from Arkansas State University with over 450 feet of highway frontage and 20,000+ vehicles per day, this site checks all the boxes for a high-exposure retail, multifamily, or mixed-use development. Surrounded by dense student housing, national brands, and ongoing development in the Hilltop area, this property provides the traffic, access, and visibility that investors seek. Utility access available. Appraised at $3,000,000. Investment Highlights: C-3 zoning | ±8.46 acres Traffic count: 20,000+ VPD Over 450 feet of frontage on Hwy 49 (E Johnson Ave) Less than 500 ft from Arkansas State University’s main entrance Strong surrounding demographics and continued area growth Ideal for student housing, QSR, retail center, or medical office Don’t miss the opportunity to secure a legacy asset in one of Northeast Arkansas’ fastest-growing submarkets.
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,316
Lot Details
- 8.46 Acre Lot
- Property fronts a state road
- Sloped Lot
- Wooded Lot
- Subdivision Possible
- Property is zoned C-3
Listing and Financial Details
- Assessor Parcel Number 01-144162-07900
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/16/2025 10/16/25 | Price Changed | $2,850,000 | -5.0% | -- |
| 09/26/2025 09/26/25 | For Sale | $3,000,000 | 0.0% | -- |
| 09/07/2025 09/07/25 | Pending | -- | -- | -- |
| 07/06/2025 07/06/25 | For Sale | $3,000,000 | -- | -- |
Source: Cooperative Arkansas REALTORS® MLS
MLS Number: 25026529
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Ask me questions while you tour the home.