901 S. Caraway Rd - Golf Course Residential/Caraway Rd. Comm. 12.78 Acres of Commercial Land Offered at $5,343,487 CAD in Jonesboro, AR 72401

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.