Jonesboro, GA
Commercial Real Estate Market Trends & Data

$201 Avg asking sale price
$593 Avg asking lease rate
15,925 SF Avg unit lease size
10,531 SF Avg building size for sale
7.10% Average cap rate

Jonesboro's Demographic Profile

Jonesboro has 1,499 households and a median income of $42,390, providing context for rent absorption and tenant demand across retail and multifamily assets. A +1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 4,227
# Households 1,499
Median age 37
Median household income $42,390
Avg household size 3.0
Renter-occupied housing units 745
5-year population change +1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Jonesboro, GA

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Jonesboro $126 9,646 SF 7.64%
Morrow $202 9,294 SF 8.46%
Riverdale $155 62,247 SF 9.48%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Jonesboro $107 10,688 SF 7.68%
Morrow $95 42,608 SF 4.17%
Riverdale $198 73,748 SF 6.60%
Lake City $105 84,792 SF 7.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Jonesboro $173 7,921 SF
Lovejoy $261 5,859 SF
Morrow $408 7,792 SF
Riverdale $174 13,005 SF
Lake City $144 8,887 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Morrow $68 4,000 SF 14.68%
Forest Park $68 4,000 SF 14.68%
College Park $138 33,318 SF 7.00%

Commercial Properties For Sale in Jonesboro

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Walgreens

Jonesboro, GA 30236

  • 14,981 SF Retail Building
  • 6.00% Cap Rate
  • $3,952,000
For Sale

499 Arrowhead Blvd

Jonesboro, GA 30236

  • 3,434 SF Office Building
  • $595,000
For Sale

9497 Thornton Blvd

Jonesboro, GA 30236

  • 12,757 SF Flex Building
  • $799,000
For Sale

Wades Collision & Repair

Jonesboro, GA 30236

  • 18,460 SF Industrial Building
  • $2,400,000
For Sale

100% Occupied Tara Boulevard Portfolio

Jonesboro, GA

  • Retail Building
  • 5.97% Cap Rate
  • $3,100,000
For Sale

1198 Highway 138

Jonesboro, GA 30236

  • 0.37 AC Lot
  • 1 Commercial Lot
  • $95,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Jonesboro pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Jonesboro $201 10,531 SF
Lovejoy $261 5,859 SF
Morrow $252 16,520 SF
Riverdale $210 46,835 SF
Lake City $144 32,039 SF

Regional Demographic Comparison

This comparison places Jonesboro alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Jonesboro or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Jonesboro 4,227 1,499 37 $42,390 3 745 1%
Lovejoy 12,803 4,152 34 $56,752 3 1,762 4%
Morrow 7,629 2,583 29 $44,861 3 1,388 4%
Riverdale 14,775 5,376 36 $52,955 3 2,931 -1%
Lake City 2,451 856 36 $55,657 3 460 -1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Jonesboro, GA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Jonesboro

View All Commercial Real Estate For Sale in Jonesboro
Is Jonesboro a good market for a first-time commercial real estate investor?

Jonesboro offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Jonesboro?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Jonesboro. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Jonesboro?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Jonesboro. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Jonesboro compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Jonesboro. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Jonesboro acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Jonesboro, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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