Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Lot size
20.05 acres
These two lots that are 12 acres and 8.05 acres +/- of undeveloped land is a prime piece of real estate, located in the Southern Hills Development, strategically located along highway 49 with high visibility and significant traffic flow of 28,000 cars per day on Southwest Drive. The land is zoned for 16 Class A apartment units per acre, making it an excellent opportunity for developers aiming to build premium, modern multifamily housing. The developing Southern Hills development features a wide variety of businesses, including restaurants, Shadrach's Coffee, full service (with Tesla charging) gas station, Tommy's Car Wash, automotive services and more which cater to a growing and vibrant community. The site is set to benefit from a future traffic light, which will enhance accessibility and ease of entry, making it even more appealing to residents and visitors alike. The surrounding infrastructure and planned improvements signal a high-growth area with strong potential for increased property values and commercial success. The land is ideal for developers looking to capitalize on the demand for high-quality housing and the synergy of a thriving business district.
Features & Amenities
Interior
Area & Lot
-
Lot Features
Level, Sloped
-
Lot Size(acres)
20.05
-
Property Type
Land
Exterior
-
Garage
No
Financial
-
Sales Price
$3,508,750
-
Zoning
MF-3 24 Unit/AC
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Location
County
Craighead
Elementary School
Middle School
High School
Listing Courtesy of Carroll Caldwell , Coldwell Banker Village Communities
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Broker / Owner / REALTOR®
MikkiDennis
Call Mikki today to schedule a private showing.
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