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    Jonesboro, AR 72404

    For Sale
    $1,100,000

    Land Only - Jonesboro, AR

    Property size:
    82,764 SF
    Lot size:
    1.90 Acres
    Days on Market:
    237
    Last Refresh:
    Dec 9 at 1:06 am

    Property Features for

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    82,764 SF
    Lot size
    1.90 Acres

    Building Details

    Flooring type
    None, Other
    Building materials
    Other, See Remarks
    Roof type
    Other, See Remarks
    Architectural style
    Other

    Coldwell Banker Village Communities (870) 935-7800

    Listing agent Carroll Caldwell (870) 935-7800

    Listing date Apr 17, 2025

    MLS# 25014989 Listing URL

    Copyright © 2025 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.

    Overview

    Jonesboro, AR Land Opportunity

    This 1.9-acre commercial land opportunity is located in Jonesboro, Arkansas. The property, identified as Lot 3 Keller's Chapel, is part of the Southern Hills Development, which is expected to increase and elevate the economy and the future of Jonesboro. The total sales price reflects $13.30 a square foot. Infrastructure improvements are planned for the area, including a three-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

    Commercial land

    Map

    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.7239
    Latitude
    35.788

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    FAQs

    What type of property is this?
    Land - 1.9 acres of commercial land in Jonesboro, Arkansas for sale.
    Where is this land located?
    The property is located at Jonesboro, AR.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Located within the Southern Hills Development, expected to boost the Jonesboro, Arkansas economy.; - New 3-lane connection from South Culberhouse to Southwest Drive to reduce traffic congestion.; - Application in progress for a traffic signal at Southwest Drive and South Ridge.
    (870) 935-7800
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    Jonesboro, AR 72404
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