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Commercial Land Development Site
For Sale
$1,121,230

Lot 5B Chancery Lane, Jonesboro, AR 72405

COMMERCIAL - Jonesboro, AR

Property SizeContact for details
Lot Size1.04 Acres
Days on Market551

Property Features for Lot 5B Chancery Lane

General Information

Property type Commercial Sale
Property subtype Other
Subdivision GREENSBOROUGH VILLAGE PHASE 1&1A
Lot features Level, Corner Lot, In Subdivision, Sidewalk, Curb/ Gutters
Directions Borders Hwy 351, E Johnson Ave, and Old Greensboro Rd.
Standard status Active
APN 01-144091-01300
Lot size 1.04 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description GREENSBOROUGH VILLAGE PHASES 1
Tax Annual Amount 3918
Legal Description GREENSBOROUGH VILLAGE PHASES 1
Listing Agency: Halsey Real Estate
Listed By: Jerry Halsey Jr.
Added: Feb 5, 2025 Changed: Aug 4 Last Checked: Aug 10 at 2:06AM
MLS# 25018280

Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Lot 5B Chancery Lane comprises 1.04 acres of commercial land within Greensborough Village, a 200+ acre mixed-use community in Jonesboro. The broader development includes a commercial core exceeding 100 acres, along with a town center, office park, apartments, condominiums, and planned single-family housing. Utilities and stormwater systems serve the commercial area, which is organized around walkable streets, sidewalks, green spaces, and decorative lighting.

The property is positioned across from Arkansas State University and between NEA Baptist Health and St. Bernards Medical Mile. The surrounding corridor includes more than 7,000 workers and 16,500 students, with dining, shopping, and entertainment incorporated into the nearby community setting. The site is located in Craighead County, AR 72405.

Key Highlights

  • 1.04‑acre commercial land parcel at Lot 5B Chancery Lane
  • Within Greensborough Village, a 200+ acre mixed‑use community
  • Commercial core spans more than 100 acres

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Computer & Electronic Repair Bakery Dental Office Electrical Service Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,002
Businesses Nearby

Demographics for 72405, AR

17,109
Population
7,049
Households
2.4
Avg Household Size
33
Median Age
39%
College-Educated
91%
High-School Grad
35.9 sq mi
ZIP Area
477
Density / Sq Mi
$84,722
Median Household Income
$42,329
Median Earnings
$1,009
Median Rent
$240,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - A 1.04-acre commercial parcel with utilities, stormwater infrastructure, and walkable streets within a mixed-use development.
Where is this commercial land located?
The property is located at Lot 5B Chancery Lane Jonesboro, AR.
What is the asking price?
The asking price for this property is $1,121,230.
What are key features of this property?
This property features: 1.04‑acre commercial land parcel at Lot 5B Chancery Lane; Within Greensborough Village, a 200+ acre mixed‑use community; Commercial core spans more than 100 acres
More about this property
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