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3712 S Caraway - Latourette Drive, Jonesboro, AR

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DetailMap
3712 S Caraway - Latourette Drive

Jonesboro, AR 72404-0656

(4.5 MB)

Property Type:Land Parcel Size:4.62 Acres
Zoning:-
For Sale Price:$550,000 Price/Acre:$119,048 Price/SF:$2.73

Topography:Level
Proposed Use:Commercial

On-Site Improv:Raw land


This commercial lot is located on Latourette Drive just off of South Caraway Road past the US Highway 63 Bypass. The land sits in the middle of several government offices. This is an extremely high traffic area with large traffic counts and tons of visibility.

The lot is priced well below all the surrounding properties and is priced low enough for office development. All utilities are in place. 4.62 acres are available and lot size can be altered or created.

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. Serving a trade area of over 500,000 people in almost twenty-four counties in Arkansas, Missouri and Tennessee, 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. With a 363,689 primary trade area population, Jonesboro clearly serves more than its 68,000 residents.

Jonesboro is also the home of the Arkansas State University Red Wolves, which is one of the fastest growing universities in Arkansas and becoming one of the Mid-South' s top institutions.

Currently, NEA Baptist is well into the development of their $400 million dollar health care facility, the largest health care investment in Arkansas in the last decade.

Sale Notes:
4.62 AC Commercial Lot in Expanding Office Area

This commercial lot is located on Latourette Drive just off of South Caraway Road past the US Highway 63 Bypass. The land sits in the middle of several government offices. This is an extremely high traffic area with large traffic counts and tons of visibility.

The lot is priced well below all the surrounding properties and is priced low enough for office development. All utilities are in place. 4.62 acres are available and lot size can be altered or created.

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. Serving a trade area of over 500,000 people in almost twenty-four counties in Arkansas, Missouri and Tennessee, 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. With a 363,689 primary trade area population, Jonesboro clearly serves more than its 68,000 residents.

Jonesboro is also the home of the Arkansas State University Red Wolves, which is one of the fastest growing universities in Arkansas and becoming one of the Mid-South' s top institutions.

Currently, NEA Baptist is well into the development of their $400 million dollar health care facility, the largest health care investment in Arkansas in the last decade.


Haag Brown Commercial
Joshua Brown
(870) 336-8000

Greg Haag
(870) 336-8000




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