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Mixed-Use Land for Sale in Jonesboro, Arkansas

2412 E Johnson Ave, Jonesboro, AR 72401

$2,850,000
8.46 acres
Active
$150k drop
Est $19,729/mo

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.

Location

Street address
2412 E Johnson Ave
Elevation
318 feet
Coordinates
35.8484, -90.6753

Directions

Jonesboro Head east on W Matthews Ave toward S Main St 1.2 mi Continue onto The Marion Berry Pkwy 0.7 mi Turn right onto E Johnson Ave Pass by McDonald's (on the left) Destination will be on the left 0.5 mi 2412 E Johnson Ave, Jonesboro, AR 72401

Property details

Acreage
8.46 acres
Zoning
C-3
MLS #
CARMLS 25026529
Posted

Property taxes

2024
$3,316

Parcels

  • 01-144162-07900

Details and features

Listing

Type
Commercial Sale
Franchise
Coldwell Banker Real Estate

Listing history

DateEventPriceChangeSource
Oct 16, 2025Price drop$2,850,000$150,000 -5%CARMLS
Sept 26, 2025Relisted$3,000,000CARMLS
Sept 10, 2025Listing removed$3,000,000Listing agent
July 6, 2025New listing$3,000,000CARMLS
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This 8.46-acre property is located at 2412 E Johnson Ave in Jonesboro, AR 72401. The property is available for sale for $2,850,000 with a price per acre of $336,879.

Checked 41 mins ago — Updated

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