0 Highland Dr Jonesboro, AR 72401
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.
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
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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.