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    OFF-MARKET
    Land

    2403 Nestle Rd, Jonesboro, AR 72401

    50 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 50-acre commercial land parcel presents a unique investment opportunity within Jonesboro's burgeoning Industrial Park. Currently zoned R-1, its strategic location offers significant potential for rezoning, aligning perfectly with the area's industrial growth trajectory. The property is currently under cultivation, generating existing income, providing a strong return on investment even before potential redevelopment. Situated at 2403 Nestle Road, Jonesboro, Arkansas, 72401, this expansive tract boasts prime accessibility and visibility within the industrial park. The asking price is $545,000. Detailed site plans and zoning information are readily available upon request. This property is ideal for developers seeking to capitalize on the expanding industrial sector in Jonesboro, offering a blend of immediate income and long-term growth potential. Its 50-acre size allows for substantial development possibilities, catering to a wide range of industrial and commercial uses. The property's current agricultural use provides a stable income stream while awaiting future development plans. Don't miss this chance to acquire a significant piece of Jonesboro's industrial future. Contact us today to learn more about this exceptional investment opportunity.

    Property profile
    Verified
    Property type Land
    Lot 50 ac (2,178,000 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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