Jonesboro, AR 72401,62 acres Floyd Street
Jonesboro, AR 72401,62 acres Floyd Street
Jonesboro, AR 72401,62 acres Floyd Street
3
$796,900
$965,000
17.4%
Est.Price: ?

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62 Acres Lot

62 acres Floyd Street Jonesboro, AR 72401

Est. payment /mo
SOLD DATE : 07/05/2024

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Key Details

Sold Price $796,900

Property Type Vacant Land

Sub Type Acreage

Listing Status Sold

Purchase Type For Sale

Subdivision Metes & Bounds

MLS Listing ID 24012885

Sold Date 07/05/24

Annual Tax Amount $202

Lot Size 62.000 Acres

Acres 62.0

Property Sub-Type Acreage

Property Description

Discover the unmatched potential of this sprawling 63 +/- acre property, ideally zoned R2 for your development dreams. Strategically located with city sewer access at its most southern end, this property is perfectly poised for significant residential development. With the convenience of natural gas and electric services bordering the western and northern peripheries, infrastructure setup is streamlined, ensuring a smooth start to your project. Although the southern third of the acreage is within a flood zone, innovative solutions such as a retention/detention pond coupled with strategic dirt work from the northern half can efficiently mitigate this concern, unlocking the full potential of the land. This property is ripe for transformation into a vibrant residential neighborhood or a lucrative residential rental complex, with the feasibility of constructing up to 4-plex units, catering to a diverse range of housing needs. Boasting complete access to all city utilities and situated just minutes from the bustling heart of downtown Jonesboro, this property offers the perfect blend of convenience and opportunity.

Location

State AR

County Craighead

Area Jonesboro A

Exterior

Utilities Available Sewer-Public, Water-Public

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Listed by Coldwell Banker Village Communities • Zach M Dunivan
Bought with Coldwell Banker Village Communities

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agent

Shawna Martinez

Agent | License ID: 0646218

+1(940) 395-3474

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