0 Highland Dr Jonesboro, AR 72401
This exceptional .77-acre vacant lot presents a compelling investment opportunity in Jonesboro, Arkansas. Located on East Highland Drive, this property is zoned I-1 Industrial, providing versatility for various commercial uses, including manufacturing or distribution centers. The site benefits from readily available utilities, simplifying development. Its high-traffic location on East Highland Drive, with 15,000 cars passing daily, ensures excellent visibility and accessibility for businesses. Further enhancing its appeal is its proximity to the newly constructed eastern bypass and Interstate 555, providing convenient access to regional and interstate markets. This strategic location in a thriving Arkansas economic hub offers unparalleled potential for investors seeking to establish a significant industrial presence. The property's size and zoning make it ideal for a range of commercial developments, capitalizing on the high daily traffic count and excellent connectivity. This is a rare opportunity to acquire a prime industrial lot in a rapidly growing area. The property is ready for immediate development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.