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    1 Lot Kellers Chapel Jonesboro, AR 72404

    For Sale
    $1,300,000

    Mixed Use - Jonesboro, AR

    Type:Mixed Use
    Property size:
    48,448 SF
    Lot size:
    1.11 Acres
    Days on Market:
    254
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 1 Lot Kellers Chapel

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    APN
    NEW OR UNDER CONSTRUCTION
    Size
    48,448 SF
    Lot size
    1.11 Acres

    Building Details

    Architectural style
    Other

    COLDWELL BANK VILLAGE COMMUNITIES (870) 935-7800 [email protected]

    Listing agent Carroll Caldwell (870) 935-7800 License #00001692

    Listing date Mar 27, 2025

    MLS# 10120820 Listing URL

    Copyright © 2025 Northeast Arkansas Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Jonesboro Mixed-Use Development Opportunity

    This mixed-use property is located within the Southern Hills Development in Jonesboro, Arkansas. The development is expected to increase and elevate the economy and the bright future of Jonesboro, Arkansas. The property encompasses 1.11 acres and offers 48448 square feet of living area. Transportation infrastructure improvements are planned, including a 3-lane connection from South Culberhouse to Southwest Drive, intended to relieve traffic congestion at the intersections of South Culberhouse Rd and Parker Rd to Southwest Drive. An application has been submitted for a traffic signal at Southwest Drive and South Ridge. Additionally, the intersection of Southwest Drive and Kellers Chapel Rd will be improved.
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Map

    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.733047
    Latitude
    35.796534

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property in Southern Hills development, Jonesboro, Arkansas.
    Where is this mixed-use property located?
    The property is located at 1 Lot Kellers Chapel Jonesboro, AR.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - Projected traffic congestion relief at South Culberhouse Rd and Parker Rd to Southwest Drive via 3-lane connection.; - Application for a traffic signal at Southwest Drive and South Ridge has begun.; - Improvement planned for the intersection of Southwest Drive and Kellers Chapel Rd.
    (870) 935-7800
    Request Owner's contact information
    1 Lot Kellers Chapel Jonesboro, AR 72404
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 Lot Kellers Chapel Jonesboro, AR 72404
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