1411 Southern Ridge Blvd $3,508,750

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    1411 Southern Ridge Blvd Jonesboro, AR 72404

    • 20.05 Acres
    • Vacant Land
    • MLS# 24044596
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    Views: 5 Days On Site: 13

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    Property Details

    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.

    • General Features
      • Subdivision Southern Hills
      • County Craighead
      • Area Jonesboro M
      • Annual Taxes 0
    • Building Features
      • Utilities Sewer-Public, Water-Public, Elec-Municipal (+Entergy)
    • Property Features
      • Approx Acreage 20.05
      • Road Surface Paved
      • Road Frontage U.S. Highway

    Contact

    William Jaggers

    William Jaggers

    Sales Associate/Owner

    Arkansas

    RE/MAX Platinum

    Direct: 870-367-2226

    Neighborhood

    Neighborhood Details available exclusively for My Property Finder members

    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $3,508,750
    12/20/2024 12:26:04 AM Status Changed Source: Multiple Listing Service New Value: Active
    12/13/2024 3:26:00 PM New in Database Source: Multiple Listing Service New Value: $3,508,750

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    ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
    The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity? Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerager firms other than RE/MAX Arkansas, are marked with the Broker Reciprocity? logo and information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.
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    Data last updated 12/26/2024 5:26:05 AM PST.


    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.