1 Keller Chapel Jonesboro, AR 72404
This exceptional 1.11-acre commercial land parcel, located at Lot 1 Keller Chapel in Jonesboro, Arkansas (zip code 72404), presents a unique investment opportunity. Situated within the burgeoning Southern Hills Development, this property benefits from significant infrastructure improvements underway. These improvements include a planned three-lane connection from South Culberhouse to Southwest Drive, designed to alleviate traffic congestion at key intersections. Furthermore, an application for a traffic signal at Southwest Drive and South Ridge is in progress, and improvements to the intersection of Southwest Drive and Kellers Chapel Road are also anticipated. The property's strategic location within this rapidly developing area positions it for substantial future growth and value appreciation. The asking price for this special purpose land is $1,259,648. This is a rare chance to acquire a piece of Jonesboro's promising commercial future. The property is zoned for commercial use and offers significant potential for a variety of development projects. Its proximity to major roadways and planned infrastructure enhancements makes it an ideal location for businesses seeking high visibility and convenient access. This is a prime opportunity to capitalize on the ongoing growth and development within the Southern Hills area of Jonesboro, Arkansas. 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.