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    1680 Hill Park Cv Jonesboro, AR 72401

    For Sale
    $2,065,142

    Luxury Arkansas office lots, lakefront available.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional offering presents 3.69 acres of prime commercial land within the prestigious Reserve at Hill Park in Jonesboro, Arkansas. This development boasts a unique lifestyle-oriented design, featuring a 3-acre lake with a private dock, an exclusive running and biking trail, and a shaded pavilion perfect for outdoor meetings. The property comprises five contiguous lots, offering flexibility for various development configurations. Four lots are conveniently located at the development's entrance, while one exclusive lot sits directly on the lake. Individual lot purchases are available, ranging from 0.64 to 1.07 acres, with square footage ranging from approximately 28,000 to 46,500 square feet. The asking price for the entire 3.69-acre parcel is $2,065,142. The development is already home to several established businesses, creating a thriving and desirable business community. The lots can accommodate buildings up to 10,000 square feet, with the potential for customized square footage to meet tenant needs. This is a rare opportunity to acquire land in a thriving, amenity-rich office park in a desirable Arkansas location. The mature landscaping, including over 20 acres of trees, provides a tranquil and attractive setting for businesses. The site's location within the Windover Park area offers easy access to the center of Jonesboro.

    Property Features for 1680 Hill Park Cv

    General Information

    Property type
    Medical space
    Lot Size
    160,736 SF

    HighLights

    • Private lake with private dock.
    • Exclusive running and biking trail.
    • Over 20 acres of mature landscaping.
    • Outdoor pavilion ideal for meetings and events.
    • Tenants include ARA, Majewski Plastic Surgery & Spa, Haag Brown Commercial, StoneBridge Construction, and Family Physicians of Jonesboro.
    • Several acres designated for future office development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.690515
    Latitude
    35.817344

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    FAQs

    What type of property is this?
    Medical space - Luxury Arkansas office lots, lakefront available.
    Where is this medical space located?
    The property is located at 1680 Hill Park Cv Jonesboro, AR.
    What is the asking price?
    The asking price for this property is $2,065,142.
    What are key features of this property?
    This property features: Private lake with private dock.; Exclusive running and biking trail.; Over 20 acres of mature landscaping.
    (870) 336-8000
    Request Owner's contact information
    1680 Hill Park Cv Jonesboro, AR 72401
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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
    1680 Hill Park Cv Jonesboro, AR 72401
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