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62 acres Floyd St, Jonesboro, AR 72401

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For Sale

$965,000

62 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family Acreage
    Property type

  • 62 acres
    Lot size

Explore this Property

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.
MLS# 10113679

Courtesy Of Coldwell Banker Village Communities

(870) 935-7800

Property Features

  • Lot Size
    62 Acres
  • Style
    Not Applicable

Map and Directions

Directions to 62 acres Floyd St, Jonesboro, AR 72401

Home seller CENTURY 21 PORTFOLIO

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 PORTFOLIO

(870) 933-0026
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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