$2,850,000
$150K PRICE DROP

2412 E Johnson Ave Jonesboro, AR 72401

Estimated payment $14,944/month

Total Views 6,316
8.46 Acres
$336,879 Price per Acre
368,518 Sq Ft Lot

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.

Listing Agent

Zach Dunivan

CBRPM Group Listed on: 07/06/2025

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

Property Details

Property Type

Land

Est. Annual Taxes

$3,316

Lot Details

8.46 Acres

Listing Details

  • Class: Vacant Land
  • Inside City Limits: Yes
  • LVT Date: 07/06/2025
  • Road Surface: Paved
  • Street Designation: Avenue
  • Type: Commercial Lot
  • Will Subdivide: Yes
  • Zoning: C-3
  • Transportation: Highway Frontage
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Road: City Street, State Road

Utilities

  • Utilities: Sewer-Public, Water-Public, Elec-Municipal (+Entergy)

Lot Info

  • Estimated Lot Size: 8.46
  • Estimated Lot Size: 8.46
  • Lot: Sloped, Wooded, Will Subdivide
  • Parcel Number: 01-144162-07900

Tax Info

  • Annual Taxes: 3315.93
  • Year: 2024

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 25026529

Cooperative Arkansas REALTORS® MLS
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