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    Pacific Rd Jonesboro, AR 72401

    Sponsored
    For Sale
    $1,956,250

    78 Acres, Prime Location, R-1 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 78.25-acre development tract presents a unique investment opportunity in Jonesboro, Arkansas. Located on Pacific Road, this property benefits from its proximity to the new eastern bypass (Dr. Martin Luther King, Jr. Extension), scheduled for completion in 2026. This bypass will significantly improve connectivity, linking I-555 and Highway 49 to Clinton School Road, driving substantial growth in the area. Currently zoned R-1, the land is ideal for a variety of uses, including residential, commercial, or industrial development. The property is situated within Jonesboro city limits and is part of the Brookland School District, a rapidly expanding area. Currently used as productive farmland, this site is not located within a flood zone. Its strategic location offers easy access to Highways 49 and 18, providing convenient connections to Brookland, Paragould, I-555, Jonesboro's industrial park, and the city itself. The property's proximity to Mississippi County, the nation's largest steel-producing county, further enhances its appeal. The asking price for this remarkable development opportunity is $1,956,250. This is a rare chance to capitalize on the significant growth potential of this rapidly developing area of Jonesboro. The property's size and zoning flexibility make it suitable for a wide range of projects, ensuring a strong return on investment.

    Property Features for 0 Pacific Rd

    General Information

    Property type
    Land
    Lot Size
    3,408,570 SF

    HighLights

    • 78.25‑acre development tract in Jonesboro, AR, located on Pacific Road.
    • Prime location, 0.25 miles east of the new Dr. Martin Luther King, Jr. Extension bypass (completion 2026), connecting I‑555 and Hwy 49.
    • R‑1 zoning allows for residential, commercial, or industrial development.
    • Situated within Jonesboro city limits, Brookland School District.
    • No flood zone; currently farmland. Easy access to Highways 49 and 18.
    • $1,956,250 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.614026164959
    Latitude
    35.835274158648

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    FAQs

    What type of property is this?
    Land - 78 Acres, Prime Location, R-1 Zoning
    Where is this land located?
    The property is located at Pacific Rd Jonesboro, AR.
    What is the asking price?
    The asking price for this property is $1,956,250.
    What are key features of this property?
    This property features: 78.25-acre development tract in Jonesboro, AR, located on Pacific Road.; Prime location, 0.25 miles east of the new Dr. Martin Luther King, Jr. Extension bypass (completion 2026), connecting I-555 and Hwy 49.; R-1 zoning allows for residential, commercial, or industrial development.
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    Pacific Rd Jonesboro, AR 72401
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    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
    Pacific Rd Jonesboro, AR 72401
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