Southern Hills Ln Jonesboro, AR 72401
- Land
- 1.12 lot acres
Current Use by Public Records
- Land
Property Details for 0 Southern Hills Ln
- Lot size
- 1.12 lot acres
- Property type
- Land
Description
This exceptional 1.12-acre commercial land parcel, located in Jonesboro, Arkansas's thriving Southern Hills development (Craighead County, zip code 72401), presents a unique investment opportunity. Zoned C-3, this property offers significant potential for various commercial ventures. The asking price is $1,024,531, reflecting a land value of $21 per square foot. The site benefits from completed pedestrian infrastructure, including bike trails and sidewalks, and is situated within a rapidly growing area. Construction has already begun on surrounding commercial properties, and residential development is well underway, with approximately 31 new homes currently under construction and plans for 500+ additional Class A multi-family units by 2027. This surge in residential development promises increased foot traffic and a robust consumer base for future commercial establishments. Furthermore, planned infrastructure improvements, including a three-lane road connection to alleviate traffic congestion and a new traffic signal at a key intersection, will enhance accessibility and visibility. This property offers a compelling combination of prime location, favorable zoning, and significant growth potential within a dynamic and expanding community.
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
- -90.7258
- Latitude
- 35.7991
