901 S. Caraway Rd - Commercial LAND FOR SALE


Jonesboro, AR 72401 556,710 SF
$3,763,284 USD
870-930-7750
901 S. Caraway Rd, Jonesboro, AR for Sale
$3,763,284 USD
Commercial LAND - FOR SALE
1/34
556,710 SF

901 S. Caraway Rd
Jonesboro, AR 72401


HIGHLIGHTS

  • Student housing development potential with 1100'+ Jonesboro Country Club Golf Course Frontage
  • Potential Nursing Home Site on Commercial Property located at the hard corner of Caraway Road and Matthews Avenue,
  • ALF potential on this Commercial Property located between of St. Bernards & Arkansas State University,
  • The property will most likely be developed under the PUD odinance which allows for flexible development
  • Master Planned Development opportunity for zero lot line lots on the golf course and commercial outparcels available

OVERVIEW

The site offers extraordinary attributes rarely found in combination: 1,100 linear feet of frontage along the Jonesboro Country Club (JCC) golf fairway, a public transit stop directly across the street with direct ASU service, two commercial pad sites with prime road frontage, and a broad, flat upper portion ideally suited for residential or institutional development. With the imminent launch of ASU's veterinary school adding 120 students per year for four consecutive years, demand for housing and services in this immediate area has never been stronger. This 12+ acres is divided into two zoning classifications offering opportunities for prime commercial development along Caraway Road and Matthews Avenue as well as highly sought after residential development along the Jonesboro Country Club golf course. Located in the center of Jonesboro near St. Bernards Medical Center and Arkansas State University, this property offers easy access to shopping, dining, and entertainment. The commercial property is preplanned with driveway easements to allow commercial access to all of the commercial property from Caraway Road and Matthews Avenue. Depending on how the property is developed, future residents may have pedestrian and golf cart access to the Jonesboro Country Club, Birdland, Marshall Estates, Country Club Terrace, Natural Grocers, and multiple restaurants, all without crossing a public street.

FOR SALE DETAILS

PRICE

$3,763,284 USD

PRICE/ACRE

$294,459/AC

PRICE/SF

$7 USD /SF

# OF LOTS

-

ON GROUND LEASE

Yes

LAND DETAILS

PROPERTY NAME

Golf Course Residential/Caraway Rd. Comm.

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Mixed Use, Multi-Family, Hospitality, Apartment Units - Condo, Apartment Units - Senior, Fast Food, Hold for Development, Hold for Investment, Master Planned Community, Medical, Neighborhood Center, Planned Unit Development, Single Family Development

LAND ACRES

12.78 AC

LAND SF

556,711 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone

ZONING

R-2 and C-3

APN/PARCEL ID

01-144201-00800

ASK ABOUT THIS PROPERTY

Kent ArnoldArnold Group Real EstateMore Info
870-930-7750

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Kent ArnoldArnold Group Real EstateMore Info
870-930-7750

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.