1680 Hl Park Cv Jonesboro, AR 72401
This exceptional offering presents 3.69 acres of prime commercial land within the prestigious Reserve at Hill Park in Jonesboro, Arkansas. This development boasts a unique lifestyle-oriented design, featuring a 3-acre lake with a private dock, an exclusive running and biking trail, and a shaded pavilion perfect for outdoor meetings. The property comprises five contiguous lots, offering flexibility for various development configurations. Four lots are conveniently located at the development's entrance, while one exclusive lot sits directly on the lake. Individual lot purchases are available, ranging from 0.64 to 1.07 acres, with square footage ranging from approximately 28,000 to 46,500 square feet. The asking price for the entire 3.69-acre parcel is $2,065,142. The development is already home to several established businesses, creating a thriving and desirable business community. The lots can accommodate buildings up to 10,000 square feet, with the potential for customized square footage to meet tenant needs. This is a rare opportunity to acquire land in a thriving, amenity-rich office park in a desirable Arkansas location. The mature landscaping, including over 20 acres of trees, provides a tranquil and attractive setting for businesses. The site's location within the Windover Park area offers easy access to the center of Jonesboro.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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