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2901 E Highland Dr - High Profile Lot Behind At Top Intersection 2.18 Acres of Commercial Land Offered at $1,139,530 in Jonesboro, AR 72401
INVESTMENT HIGHLIGHTS
- Adjacent to Jonesboro's New Krispy Kreme.
- Close to Jonesboro's Largest Intersection.
- Multiple Access Points.
- Adjoins Centennial Bank's Main Campus.
- Backs Up to Fairgrounds Re-Development.
- Site has Been Highly Sought After by Restaurants and Retailers.
EXECUTIVE SUMMARY
After being sought after by restaurants and retailers for over a decade, Haag Brown Commercial is pleased to bring this prime commercial site to the market. The property is in the heart of Jonesboro's main retail area and sits less than 475 feet from the signalized intersection of the city's main east/west and north/south thoroughfares, Red Wolf Boulevard and Highland Drive, lending it exposure to over 51,000 vehicles per day.
This property adjoins Centennial Bank's main campus to the east, the new Krispy Kreme to the north, the Fairgrounds Re-Development to the south, and the Bayird Pre-Owned Supercenter to the west. Due to its unique location adjacent to the Fairgrounds Re-Development, this property shares all the access points enjoyed by its large retail development neighbor without being restricted by the existing ECR agreements on the Fairgrounds lots.
This property adjoins Centennial Bank's main campus to the east, the new Krispy Kreme to the north, the Fairgrounds Re-Development to the south, and the Bayird Pre-Owned Supercenter to the west. Due to its unique location adjacent to the Fairgrounds Re-Development, this property shares all the access points enjoyed by its large retail development neighbor without being restricted by the existing ECR agreements on the Fairgrounds lots.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $1,139,530 | Lot Size | 2.18 AC |
| Price Per AC | $522,720.18 |
| Price | $1,139,530 |
| Price Per AC | $522,720.18 |
| Lot Size | 2.18 AC |
Behind Brand New Krispy Kreme Location - $12 PSF
DESCRIPTION
Located along U.S. Highway 63 (soon to be Interstate 555), Jonesboro is the retail epicenter of Northeast Arkansas. Despite negative trends of other marketplaces nationwide, Jonesboro is one of only 26 cities in the 363 metropolitan statistical areas in the U.S. that has not only recovered jobs lost from the economy' s recent downfall but has added to them! Jonesboro continues to be the primary bastion of growth and investment. Jonesboro has steadily grown over 40% in size since 1990 and is estimated to maintain that same or greater level of growth over the next 20 years.
PROPERTY TAXES
| Parcel Number | 01-144282-03200 | Improvements Assessment | $4,307,446 |
| Land Assessment | $812,368 | Total Assessment | $5,119,814 |
PROPERTY TAXES
Parcel Number
01-144282-03200
Land Assessment
$812,368
Improvements Assessment
$4,307,446
Total Assessment
$5,119,814
MAP
ADDITIONAL PHOTOS
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