3.67 Acres Melrose Street Jonesboro, AR $ 1,258,000
3.67 Acres Melrose Street
$ 1,258,000
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3.67 Acres Melrose Street

Jonesboro, AR, 72401
$ 1,258,000
Baths0.0

Monthly Estimate*

$ 7,746

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Studio

Lots and Land for sale in Jonesboro, AR

for $1,258,000. The lot size is 3.67.

Welcome to Market 3.67 +/- Acres on Melrose Street and Russell Drive in Jonesboro, Arkansas. Golden Opportunity Knocks. Commercial Property zoned C-3 situated on 3.67 +/- acres with a 7 Unit Retail Strip Center and .65 +/- acre lot available to purchase separately. Located across the street from Arkansas State University and near Northeast Arkansas Baptist Memorial Hospital, Jonesboro Municipal Airport, and favorite local retail & dining establishments. Property runs block to block and has two access points/potential driveways/entry points. Estimated daily traffic counts of 20,000. Offerings such as this are few and far between. Call today to schedule your tour and make an investment in tomorrow.

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Lots and Land Active

Price

$ 1,258,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 730

Style

Commercial Lot

Lot Size

3.67

Town/City

Jonesboro

County/Region

Craighead

MLS | Web ID

26005884

Features
General
Utilities Sewer-Public Water-Public Elec-Municipal (+Entergy)
Zoning C-3 Central Business
Subdivision Browns Replat AR
County Craighead
Class Vacant Land
Type Commercial Lot
Tax Year 2025
Road Frontage City Street
Inside City Limits Yes
Status New Listing
Sale/Rent For Sale
Status Detail 1
Docs on File Property Disclosure
Primary City Jonesboro
Directions From E. Johnson Ave. turn onto Melrose St.
High School JONESBORO
City Jonesboro
Elementary School JONESBORO
Middle School JONESBORO
DOM 1
Postal Code 72401
Public Remarks Welcome to Market 3.67 +/- Acres on Melrose Street and Russell Drive in Jonesboro Arkansas. Golden Opportunity Knocks. Commercial Property zoned C-3 situated on 3.67 +/- acres with a 7 Unit Retail St
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Exterior
Road Surface Paved
Lot Size Area 3.67
Lot Dimensions 3.67 +/- Acres
Lot In Subdivision
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* Excluded Features
List By
Andrea Andrews

Listing Agent

Compass Rose Realty

Broker

compassroserealtyllc@gmail.com

Email

Affordability Calculator

$7,807
Per Month
99%
1%
0%
Monthly Principal & Interest
$7,746
Monthly Property Taxes
$61
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
1828685 Elementary School
1828440 Middle School
Jonesboro High School High School
Pricing History
DatePricePrice ChangeDescription
2/16/2026$1,258,000 Listed Price

Map


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3.67 Acres Melrose Street, Jonesboro, AR, 72401 is a Lots and Land for sale at $1,258,000 with a lot size of 3.67. 3.67 Acres Melrose Street is a studio with 0.0 baths. The property's zip code is 72401 which is in Jonesboro, AR