0 Cor Of Parker Rd. And Dr Jonesboro, AR 72404
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.
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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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.