.67-.67 +/- Acres Melrose Street Jonesboro, AR ^$ 1,258,000

.67-.67 +/- Acres Melrose Street

^$ 1,258,000

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Recently Listed

.67-.67 +/- Acres Melrose Street

Jonesboro, AR, 72401

^$ 1,258,000

Studio 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.

Lots and Land Active

Price

^$ 1,258,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 730

Style

Commercial Lot/Land Only

Lot Size

3.67

Town/City

Jonesboro

County/Region

Craighead

MLS | Web ID

10127696

Features

General

Sewer Sewer Available

Possession At Closing

Flood Zone No

Zoning C-3

Garage Spaces 0.0

Restrictions Yes

Year Built 0

Water Supply City Available

Electric CW&L

Subdivision Metes and Bounds

Stories Count 0

Age 0

Property Subtype Commercial Lot/Land Only

Parcel Number 01-144171-27600

Transaction Type Sale

Tax Year 2025

County Craighead

New Construction 0

Property Type Vacant Land

Land Type Commercial

Full Baths 0

Close Price 0.00

Status Active

City Jonesboro

MLS Area E

Lot Size Units Acres

Lot Size Square Feet 159865.00

High School Jonesboro High School

Tax Annual Amount 730.00

Elementary School Jonesboro Magnet

Availability Date 1800-01-01

Jr High School Annie Camp

Year Built Exception 0

Lease Type Net

Legal Description See Deed Parcel # 01-144171-239000 and 01-144171-27600

Interior

Half Baths 0

3/4 Baths 0

Total Bedrooms 0

Exterior

Lot Size Acres 3.6700

Internal Only

Street Number 1 3

* Excluded Features

List By

Andrea Andrews

Listing Agent

Compass Rose Realty

Broker

compassroserealtyllc@gmail.com

Affordability Calculator

$7,807

Per Month

Monthly Principal & Interest: $7,746
Monthly Property Taxes: $61
Monthly Home Insurance: --

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Interest Rate

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Yearly 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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Nearby

Trends
Schools

Lots and land listings in Jonesboro, AR

Average List Price ^$619,159

Percent of Sale Price 51%

About Jonesboro, AR

77,003 Population

38% Since 2002

^$45,012 Median Income

33.79 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3432613 Elementary School

3432524 Middle School

Jonesboro High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/16/2026	$1,258,000		Listed Price

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.67-.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. .67-.67 +/- Acres Melrose Street is a studio with 0.0 baths. The property's zip code is 72401 which is in Jonesboro, AR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the Northeast Arkansas Board of REALTORS®.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Northeast Arkansas Board of REALTORS®. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 2/16/2026.

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.67-.67 +/- Acres Melrose Street

Lots and Land for sale in Jonesboro, AR

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