3 Block D Southern Hl Jonesboro, AR 72404
- Land
- 1.00 lot acres
Current Use by Public Records
- Land
Property Details for 3 Block D Southern Hl
- Lot size
- 1.00 lot acres
- Property type
- Land
Description
This exceptional 1-acre commercial lot, designated as Lot 3 Block D Southern Hills in Jonesboro, Arkansas (zip code 72404), presents a remarkable investment opportunity. Located within the thriving Southern Hills Development, this C-3 zoned property offers unparalleled potential for a variety of commercial ventures. The Southern Hills Development is a master-planned community featuring a network of pedestrian walkways and bike trails, connecting residents to retail and recreational amenities. The development boasts a new Kum & Go convenience store, and is poised for significant growth with the upcoming construction of a 500-unit Class A apartment complex and 165 single-family homes. This will result in a total of 665 rooftops within the immediate vicinity, creating a substantial consumer base for commercial businesses. Three commercial centers, ranging from 10,000 to 60,000 square feet, are also planned, further enhancing the area's commercial appeal. The development's infrastructure, including roads, is nearing completion, and a new three-lane connection between South Culberhouse and Southwest Drive is projected to alleviate traffic congestion. This property's strategic location and the surrounding development's rapid expansion make it an ideal investment for discerning buyers seeking high-growth potential in a vibrant and rapidly developing community. The asking price for this exceptional opportunity is $827,640.
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
- -90.7723
- Latitude
- 35.8037
