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    4 Block C Southern Hl Jonesboro, AR 72404

    Sponsored
    For Sale
    $1,045,440

    Prime 1-acre commercial lot in thriving Southern Hills.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1-acre commercial lot, designated Lot 4 Block C Southern Hills in Jonesboro, Arkansas (zip code 72404), is priced at $1,045,440, or $24 per square foot. The property is zoned C-3 and situated within the rapidly developing Southern Hills community, experiencing significant infrastructure improvements. These improvements include completed pedestrian amenities such as bike trails and sidewalks. Commercial construction is underway, complemented by the ongoing development of approximately 31 new residential homes. Future development plans include the construction of 192 Class A multi-family units beginning in 2024, and an additional 300 Class A multi-family units commencing in 2027, resulting in a total of 647 residential units. The Southern Hills development is strategically positioned to benefit from a projected three-lane road connection from South Culberhouse to Southwest Drive, designed to alleviate traffic congestion. Furthermore, an application for a traffic signal at Southwest Drive and South Ridge is in progress, and improvements to the intersection of Southwest Drive and Kellers Chapel Road are planned. This prime location offers exceptional potential for commercial development within a vibrant and expanding community. The property's strategic location and the surrounding development activity present a compelling investment opportunity.

    Property Features for 4 Block C Southern Hl

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • 1‑Acre commercial lot in Jonesboro, AR (72404), priced at $1,045,440 ($24/SF).
    • C‑3 zoning in rapidly developing Southern Hills.
    • Completed pedestrian amenities (bike trails, sidewalks).
    • Ongoing commercial and residential construction (approx. 31 new homes).
    • Future development includes 647 multi‑family units (192 in 2024, 300 in 2027).
    • Strategic location with planned road improvements and traffic signal.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.724855846964
    Latitude
    35.801091545383

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    FAQs

    What type of property is this?
    Land - Prime 1-acre commercial lot in thriving Southern Hills.
    Where is this land located?
    The property is located at 4 Block C Southern Hl Jonesboro, AR.
    What is the asking price?
    The asking price for this property is $1,045,440.
    What are key features of this property?
    This property features: 1-Acre commercial lot in Jonesboro, AR (72404), priced at $1,045,440 ($24/SF).; C-3 zoning in rapidly developing Southern Hills.; Completed pedestrian amenities (bike trails, sidewalks).
    Request Owner's contact information
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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
    4 Block C Southern Hl Jonesboro, AR 72404
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