2 Farmer Hl, Jonesboro, AR 72404
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.