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    3 Lot D Southern Hl Jonesboro, AR 72404

    For Sale
    $1,197,900

    Mixed Use - Jonesboro, AR

    Type:Mixed Use
    Property size:
    54,450 SF
    Lot size:
    1.25 Acres
    Days on Market:
    256
    Last Refresh:
    Dec 7 at 5:06 am

    Property Features for 3 Lot D Southern Hl

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    APN
    NEW OR UNDER CONSTRUCTION
    Size
    54,450 SF
    Lot size
    1.25 Acres

    Utilities

    Heating system
    None (Heating)
    Cooling system
    None (Cooling)

    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# 10119901 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 part of the Southern Hills Development, which is expected to increase and elevate the economy and the future of Jonesboro, Arkansas. The total sales price breaks down to $22 per square foot. The property has a lot size of 1.25 acres and a living area of 54450 square feet. A 3-lane connection from South Culberhouse to Southwest Drive is projected to relieve traffic congestion at the intersections of South Culberhouse Rd and Parker Rd to Southwest Drive. An application for a traffic signal at Southwest Drive and South Ridge has begun. The intersection of Southwest Drive and Kellers Chapel Rd will also be improved.
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Map

    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.728912
    Latitude
    35.79734

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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 3 Lot D Southern Hl Jonesboro, AR.
    What is the asking price?
    The asking price for this property is $1,197,900.
    What are key features of this property?
    This property features: - Location within the Southern Hills Development, expected to boost the local economy.; - New 3-lane connection from South Culberhouse to Southwest Drive to reduce traffic.; - Application in progress for a traffic signal at Southwest Drive and South Ridge.
    (870) 935-7800
    Request Owner's contact information
    3 Lot D Southern Hl Jonesboro, AR 72404
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    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
    3 Lot D Southern Hl Jonesboro, AR 72404
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