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    Highland Dr Jonesboro, AR 72401

    Sponsored
    For Sale
    $650,000

    Prime 12-acre industrial development site.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 12-acre parcel presents a unique opportunity for commercial or industrial development in Jonesboro, Arkansas. Located in Jonesboro's Industrial Park, this property boasts convenient access to East Highland Drive and Distributor Drive, ensuring excellent transportation links. All utilities are readily available on-site, simplifying the development process. Currently zoned R-1, the property offers flexibility, allowing for rezoning to accommodate a buyer's specific needs and project vision. The expansive lot size provides ample space for a variety of industrial or commercial ventures. Its proximity to MLK Jr Drive (less than half a mile) further enhances its strategic location within the thriving Jonesboro business community. The asking price for this exceptional property is $650,000. The APN is 01-144261-00101. This is a for sale by owner listing. This land presents a compelling investment opportunity in a rapidly growing area. Don't miss this chance to secure a prime location for your next project.

    Property Features for 0 Highland Dr

    General Information

    Property type
    Land
    Lot Size
    522,720 SF

    HighLights

    • 12‑acre parcel in Jonesboro, AR's Industrial Park, priced at $650,000.
    • Excellent access to East Highland Drive and Distributor Drive.
    • All utilities available on‑site.
    • Currently zoned R‑1, rezoning possible.
    • Suitable for commercial or industrial development.
    • Less than half a mile from MLK Jr Drive.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.629347037542
    Latitude
    35.82083393234

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    FAQs

    What type of property is this?
    Land - Prime 12-acre industrial development site.
    Where is this land located?
    The property is located at Highland Dr Jonesboro, AR.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: 12-acre parcel in Jonesboro, AR's Industrial Park, priced at $650,000.; Excellent access to East Highland Drive and Distributor Drive.; All utilities available on-site.
    Request Owner's contact information
    Highland Dr 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
    Highland Dr Jonesboro, AR 72401
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