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$3,000,000
Est. payment /mo
8.46 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Commercial Lot
Listing Status Active
Purchase Type For Sale
Subdivision Not In Subdivision
MLS Listing ID 25026529
Annual Tax Amount $3,315
Tax Year 2024
Lot Size 8.460 Acres
Acres 8.46
Property Sub-Type Commercial Lot
Property Description
High-Visibility ±8.46 Acres | Directly Across from Arkansas State University Strategically located on one of Jonesboro's busiest commercial corridors, this ±8.46-acre C-3 zoned parcel offers a rare opportunity for long-term value creation. Positioned directly across from Arkansas State University with over 450 feet of highway frontage and 20,000+ vehicles per day, this site checks all the boxes for a high-exposure retail, multifamily, or mixed-use development. Surrounded by dense student housing, national brands, and ongoing development in the Hilltop area, this property provides the traffic, access, and visibility that investors seek. Utility access available. Appraised at $3,000,000. Investment Highlights: C-3 zoning | ±8.46 acres Traffic count: 20,000+ VPD Over 450 feet of frontage on Hwy 49 (E Johnson Ave) Less than 500 ft from Arkansas State University's main entrance Strong surrounding demographics and continued area growth Ideal for student housing, QSR, retail center, or medical office Don't miss the opportunity to secure a legacy asset in one of Northeast Arkansas' fastest-growing submarkets.
Location
State AR
County Craighead
Area Jonesboro B
Zoning C-3
Exterior
Utilities Available Sewer-Public, Water-Public, Elec-Municipal (+Entergy)
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Listed by CBRPM Group • Zach M Dunivan
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Sylvia N. Ball
Executive Broker | License ID: 00083026
Executive Broker License ID: 00083026