Rare Tract at the Intersection of I-555 and Hwy 49 S
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915 Southwest Drive
Jonesboro, AR 72401
Price:
$950,000
Building Size:
5,400 SF
Lot Size:
1.47 AC
Broker(s):
Joshua Brown
Highlights
  • At the Signalized Intersection of I-555 and Hwy 49 S
  • Available for First Time in 20 Years
  • Located in Rapidly Expanding Retail Area
  • In Close Proximity to Two Major Development Projects
  • Immediate Interstate Presence
  • Exposure to 58,700 Cars Per Day
  • All City Utilities Available on Site
Property Description
Haag Brown Commercial is excited to announce this NEWLY AVAILABLE SITE at the signalized intersection of I-555 and Highway 49 S, more commonly known as Southwest Drive. For almost twenty years, it has served as the location of Cahoon Steiling Studio and although the longstanding 5,400 square foot building will transfer with the sale, the property's true value is in the land.

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. Real estate along the thoroughfare is scarce which makes this 1.47 acre property very desirable. The site sits directly on Southwest Drive and is bordered by I-555, lending it exposure to over 58,700 cars per day.

Conveniently located across from the Elk Park shopping center, home of Outback Steakhouse, Lost Pizza Co., The Truck Patch Natural Market and First National Bank, the site is only 1.4 miles or 4 minutes from the Wal-Mart Super Center and just across the bypass from two large development projects lead by local ownership groups. The Shops at Parker is a redevelopment of the 45,000 square foot Cash Saver building at the corner of Parker Road and Southwest Drive, which will feature Workout Anytime, a Quintessential Lighting showroom, and a major" to be announced" restaurant. The 140 acre Southern Hills mixed-use project is situated along US Hwy 49 S. 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.

The property has both commercial and residential zoning, making it suitable for a multiplicity of uses. All city utilities are available on site and there is a possibility of installing highway signage along I-555. Although the property is currently situated at a signalized intersection, some additional work will be required to tie directly into the traffic signal.