Cor Of Parker Rd. And Dr Jonesboro, AR 72404
- Land
- 20.43 lot acres
Current Use by Public Records
- Land
Property Details for 0 Cor Of Parker Rd. And Dr
- Lot size
- 20.43 lot acres
- Property type
- Land
Description
This exceptional 20.43-acre commercial land parcel presents a rare development opportunity in Jonesboro, Arkansas. Strategically located at the corner of Parker Road and Southwest Drive, this property boasts unparalleled visibility and accessibility, situated between The Shops at Parker and the expansive Southern Hills mixed-use development. The site benefits from direct frontage on Parker Road, Highway 49 (Southwest Drive), and I-555, ensuring significant exposure to the high volume of daily traffic (70,000+ cars per day on I-555). Its location within the thriving Jonesboro trade area places it near numerous residential neighborhoods, shopping centers, and national retailers, including a Walmart Supercenter. The property's recent rezoning to C-3 LUO commercial use allows for a wide range of development possibilities, including medical campuses, schools, automobile dealerships, religious campuses, restaurants, banks, and mixed-use retail/office/multi-family projects. The site can be divided into multiple tracts, offering flexibility for various development scenarios. Multiple site plans are available for review. Adjacent to a growing St. Bernard's First Care location and benefiting from the high per-square-foot outparcel sales of the Southern Hills development, this property represents a truly unique investment opportunity. The asking price is $4,650,000, with options for purchasing individual tracts. The property's APN is 01-143254-04600 / 01-143361-00900 / 01-143361-04900 / 01-143361-01000. This is a prime location in the Valley View School District.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jonesboro
- County
- Craighead
- State
- Arkansas
- Longitude
- -90.7217
- Latitude
- 35.8073
