Parker Rd - Rare Super Regional Location Along I-555 2.5 Acres of Commercial Land Offered at $1,500,000 in Jonesboro, AR 72404

This highly visible property is primed and ready for development. Adjacent to an expanding St. Bernard’s First Care location and two large development projects - the Shops at Parker and Southern Hills - this development opportunity has frontage/visibility on Parker Road, Highway 49 (Southwest Drive) and I-555, making it one of the most important regional locations in the Jonesboro trade area. The Shops at Parker, which borders the property’s western edge, is a redevelopment of the 45,000 square foot Cash Saver building at the corner of Parker Road and Southwest Drive featuring Workout Anytime, a Quintessential Lighting showroom, and more. The 140 acre Southern Hills mixed-use project, which boasts some of the highest per-square-foot outparcel sales in Craighead County, sits along the property’s southern edge and will include single and multi family homes, commercial storefronts, box stores, restaurants, 12,000 linear feet of sidewalks, 1.6 miles of bike trails and 26 acres of green space. Both of these exciting development projects tie directly into this versatile site. Hwy 49 S/Southwest Drive is a heavily populated retail corridor that serves as a segue from the city’s residential area to the downtown Jonesboro business district. Multiple residential neighborhoods surround the property while several shopping centers, national restaurants and retailers, such as the Wal-Mart Super Center, Ridge Park Shopping, and the Elk Park shopping center - home of Outback Steakhouse, Lost Pizza Co., The Truck Patch Natural Market and First National Bank, reside to the north and west. This area of the market is rich with possibilities due to the diversity of uses found therein. The property has recently been re-zoned for C-3 LOU commercial use and can be divided into multiple tracts that can be purchased as a group or individually. The majority of the development is located in the Valley View School District, the area’s leading academic public school system, and would be ideal for a Medical Campus, School, Automobile Dealership, Religious Campus, Restaurants, Banks, and Mixed Use for Retail/Office/Multi-Family. Multiple site plans are on file.