1 Block D Southern Hl Jonesboro, AR 72404
- Land
- 0.92 lot acres
Current Use by Public Records
- Land
Property Details for 1 Block D Southern Hl
- Lot size
- 0.92 lot acres
- Property type
- Land
Description
This 0.92-acre commercial lot, identified as Lot 1 Block D Southern Hills in Jonesboro, Arkansas (zip code 72404), is priced at $641,203, reflecting $16 per square foot. The property is zoned C-3, offering significant development potential within the rapidly expanding Southern Hills development. This area is experiencing substantial growth, with ongoing infrastructure improvements designed to alleviate traffic congestion. These improvements include a planned three-lane connection from South Culberhouse to Southwest Drive, and the application for a traffic signal at Southwest Drive and South Ridge is underway. Further enhancements are planned for the intersection of Southwest Drive and Kellers Chapel Road. The Southern Hills development boasts completed pedestrian amenities such as bike trails and sidewalks. Commercial construction is already underway, and residential development is progressing rapidly, with approximately 31 new homes currently under construction. Future development plans include the construction of 192 Class A multi-family units beginning in 2024, and an additional 300 Class A multi-family units commencing in 2027. The total projected rooftop count for the entire development is 647 units. This presents a unique opportunity to capitalize on the significant growth and future potential of this thriving community. This lot offers excellent visibility and accessibility, making it ideal for a variety of commercial uses.
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
- Criaghead
- State
- Arkansas
- Longitude
- -90.7267
- Latitude
- 35.8001
