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Property profile & analytics
OFF-MARKET
Land

0 Highland Dr Jonesboro, AR 72401

12 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Lot 12 ac (522,720 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
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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