For more information regarding the value of a property, please contact us for a free consultation.
62 acres Floyd Street Jonesboro, AR 72401
Want to know what your home might be worth? Contact us for a FREE valuation!
![Shawna Martinez](https://cdn.chime.me/image/fs/user-info/202299/9/w600_original_f4c89d52-fc69-4ee6-9d22-88c4773e15dc-png.webp)
Our team is ready to help you sell your home for the highest possible price ASAP
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
Read Less
Bought with Coldwell Banker Village Communities