For Sale
$2,265,120

8 Block C Southern Hl Jonesboro, AR 72404

Prime 2-acre commercial lot in thriving Southern Hills

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 2-acre commercial lot, designated Lot 8 Block C in the Southern Hills development of Jonesboro, Arkansas, is priced at $2,265,120. Zoned C-3, it presents a unique investment opportunity within a rapidly growing area. Southern Hills is experiencing significant infrastructure improvements, including a new 3-lane road connection designed to alleviate traffic congestion. Further enhancements are underway, such as a planned traffic signal at Southwest Drive and South Ridge, and improvements to the intersection of Southwest Drive and Kellers Chapel Road. The development boasts completed pedestrian amenities like bike trails and sidewalks, and is seeing active commercial and residential construction. Currently, approximately 31 new homes are under construction, with plans for 192 Class A multi-family units commencing construction in 2024, and an additional 300 Class A multi-family units slated for 2027. This translates to a total projected rooftop count of 647 units, indicating substantial future growth and increased demand. The property's strategic location in Jonesboro, AR, zip code 72404, offers excellent access and visibility within a dynamic and expanding community. This lot presents a compelling investment opportunity for developers seeking to capitalize on the burgeoning Southern Hills development. The asking price reflects a cost of $26 per square foot.

Highlights

  • 2-acre commercial lot in Jonesboro, AR (72404), Lot 8 Block C, Southern Hills development.
  • C-3 zoning, priced at $2,265,120 ($26/SF).
  • Completed pedestrian amenities (bike trails, sidewalks).
  • Active commercial and residential construction underway.
  • 31 new homes under construction; 192 Class A multi-family units starting in 2024; 300 more in 2027 (647 total units projected).

Property Details for 8 Block C Southern Hl

Property type
Land
Lot Size (sq. ft)
87,120 SF

Location Insight

City
Jonesboro
County
Craighead
State
Arkansas
Latitude
35.800738025209
Longitude
-90.727429692883

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FAQs

What type of property is this?
Land - Prime 2-acre commercial lot in thriving Southern Hills
Where is the land located?
The property is located at 8 Block C Southern Hl Jonesboro, AR.
What is the asking price?
The asking price for this property is $2,265,120.
What are key features of this property?
This property features: 2-acre commercial lot in Jonesboro, AR (72404), Lot 8 Block C, Southern Hills development.; C-3 zoning, priced at $2,265,120 ($26/SF).; Completed pedestrian amenities (bike trails, sidewalks).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Contacts

Carroll Caldwell
Carroll Caldwell
Visit Broker Website

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Block C Southern Hl
Jonesboro, AR 72404

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Jonesboro, AR 72404

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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8 Block C Southern Hl
  • Carroll Caldwell
    Carroll Caldwell
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