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. Whether you envision a residential community or a series of rental properties, the possibilities are endless. Seize the chance to make your mark on Jonesboro's housing landscape. Explore the potential of this expansive property and envision the future you can build. Act now to capitalize on this remarkable opportunity.
Sold for $796,900 on 07/05/24
$796,900
62 N Floyd Acres St, Jonesboro, AR 72401
0beds
0baths
62Acres
Unimproved Land
Built in ----
62 Acres Lot
$-- Zestimate®
$--/sqft
$1,064 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 08, 2024 at 03:29am
Listed by:
Zach Dunivan 573-559-4234,
Coldwell Banker/Village Comm
Bought with:
Zach Dunivan, 00088021
Coldwell Banker/Village Comm
Source: Northeast Arkansas BOR,MLS#: 10113679
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Interior area
- Total structure area: 0
Property
Lot
- Size: 62 Acres
- Features: Irregular Lot, Rolling Slope, Sloped, Survey, Other, Pasture
Details
- Parcel number: 0114312400100
Utilities & green energy
- Electric: CW&L
- Gas: Natural Gas, Natural Gas Available
- Sewer: City Sewer
- Water: Public, City Available
- Utilities for property: Natural Gas Connected, Natural Gas Available, Sewer Available
Community & neighborhood
Location
- Region: Jonesboro
Other
Other facts
- Listing terms: Cash,Conventional,In House