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    OFF-MARKET
    Land

    2 Farmer Hl, Jonesboro, AR 72404

    1.95 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.95-acre vacant land parcel presents a remarkable development opportunity in Jonesboro, Arkansas. Strategically located at Lot 2 Farmer Hills, this property boasts a highly desirable C-3 zoning classification, opening doors to a wide range of commercial ventures. Its prime location across from the burgeoning New Southern Hills Development ensures high visibility and significant traffic counts, maximizing potential for any future development. The address is Lot 2 Farmer Hills, Jonesboro, AR 72404, within Craighead County. The property's size offers ample space for a variety of projects, from retail establishments and restaurants to office buildings or other commercial uses. Given its advantageous location and zoning, this land parcel represents a rare chance to capitalize on a thriving market and create a significant return on investment. The asking price for this exceptional property is $1,868,742. Detailed site plans and zoning information are readily available upon request. Don't miss this opportunity to secure a prime piece of Jonesboro real estate.

    Property profile
    Verified
    Property type Land
    Lot 1.95 ac (84,942 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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