1411 Southern Ridge Blvd, Jonesboro, AR

Others for Sale - $3,508,750 - 20 acres


Agent Info

Carroll Caldwell
Coldwell Banker Commercial Village Communities

Property Info

CIMLS#1169403
Location
  1411 Southern Ridge Blvd
  Jonesboro AR 72404
UpdatedDecember 16th, 2024
TypeOthers
Price$3,508,750
Land20 acres

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.


Financials



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