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

Lot 5B Chancery Lane, Jonesboro, AR 72405

Vacant Land, Jonesboro, AR

Property SizeContact for details
Lot Size1.04 Acres
Days on Market599

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: Sep 5 Last Checked: Sep 27 at 7:06PM
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.

This 1.04-acre commercial land parcel is part of Greensborough Village, a master-planned mixed-use community in Jonesboro. The development includes a commercial core, outparcels, a town center, an office park, residential components, green spaces, sidewalks, and decorative lighting. Utilities and stormwater systems serve the commercial area, supporting future development within an established community framework.

The site is across from Arkansas State University and positioned between NEA Baptist Health and St. Bernards Medical Mile. The surrounding corridor includes more than 7,000 workers and 16,500 students, while the community’s commercial core spans more than 100 acres. The property address is Lot 5B Chancery Lane, Jonesboro, AR 72405.

Key Highlights

  • 1.04‑acre commercial land parcel
  • Located within a 200+ acre master‑planned mixed‑use community
  • Commercial core spans more than 100 acres

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Auto Parts Store HVAC Service Spa & Massage Center

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

234
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
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial site within a master-planned mixed-use community with utilities and stormwater systems in place.
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; Located within a 200+ acre master‑planned mixed‑use community; Commercial core spans more than 100 acres
More about this property
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