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$ 3,508,750
Est. payment /mo
Active
1411 Southern Ridge Blvd Jonesboro, AR 72404
20.05 Acres Lot
UPDATED:
12/20/2024 06:18 AM
Key Details
Property Type Vacant Land
Sub Type Acreage
Listing Status Active
Purchase Type For Sale
Subdivision Southern Hills
MLS Listing ID 24044596
Lot Size 20.050 Acres
Acres 20.05
Property Sub-Type Acreage
Property Description
These two lots that are 12 acres and 8.05 acres +/- of undeveloped land is a prime piece of real estate, located in the Southern Hills Development, strategically located along highway 49 with high visibility and significant traffic flow of 28,000 cars per day on Southwest Drive. The land is zoned for 16 Class A apartment units per acre, making it an excellent opportunity for developers aiming to build premium, modern multifamily housing. The developing Southern Hills development features a wide variety of businesses, including restaurants, Shadrach's Coffee, full service (with Tesla charging) gas station, Tommy's Car Wash, automotive services and more which cater to a growing and vibrant community. The site is set to benefit from a future traffic light, which will enhance accessibility and ease of entry, making it even more appealing to residents and visitors alike. The surrounding infrastructure and planned improvements signal a high-growth area with strong potential for increased property values and commercial success. The land is ideal for developers looking to capitalize on the demand for high-quality housing and the synergy of a thriving business district.
Location
State AR
County Craighead
Area Jonesboro M
Exterior
Utilities Available Sewer-Public, Water-Public, Elec-Municipal (+Entergy)
Listed by Coldwell Banker Village Communities • Carroll Caldwell