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    2523 Browns Ln Jonesboro, AR 72401

    Sponsored
    For Sale
    $229,080

    0.7-acre lot, ideal office location

    Property size:
    30,492 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.7-acre commercial lot, located at 2523 Browns Ln, Jonesboro, AR 72401 (APN: 00886300 01-144292-00300), presents a unique opportunity for development in a thriving area. Zoned for commercial use, this property boasts 30,492 square feet and offers excellent visibility with frontage on Browns Lane, experiencing approximately 7,100 cars per day. Its strategic location within Jonesboro's professional office and retail district provides easy access to downtown, Red Wolf Boulevard, North Jonesboro, and Southwest Drive. The surrounding area features established businesses including Ritter Communications' new corporate headquarters, a nearby lifestyle office park, and numerous national restaurants, retailers, banks, and medical offices such as Walmart, Hobby Lobby, Arvest Bank, Stephens Inc., and several medical clinics. This lot is situated near a signalized intersection, offering high traffic exposure and convenient access for customers and employees. The asking price is $229,080. This prime location is perfect for a new office building or medical facility seeking a high-profile address in a dynamic and established commercial center. The lot dimensions are approximately 160' x 189.34'. This is a rare opportunity to secure a highly desirable commercial property in a rapidly growing market.

    Property Features for 2523 Browns Ln

    General Information

    Property type
    Land
    Square Feet
    30,492 SF
    Lot Size
    30,492 SF

    HighLights

    • 160' x 189.34' lot.
    • Excellent central location.
    • Browns Lane frontage.
    • Adjacent to Stephens, Inc.
    • Prominent location near a signalized intersection.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Dental Office Auto Repair Shop Hair Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.6869409
    Latitude
    35.8152024

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    FAQs

    What type of property is this?
    Land - 0.7-acre lot, ideal office location
    Where is this land located?
    The property is located at 2523 Browns Ln Jonesboro, AR.
    What is the asking price?
    The asking price for this property is $229,080.
    What are key features of this property?
    This property features: 160' x 189.34' lot.; Excellent central location.; Browns Lane frontage.
    (870) 284-4448
    Request Owner's contact information
    2523 Browns Ln Jonesboro, AR 72401
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    Jonesboro, AR 72401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2523 Browns Ln Jonesboro, AR 72401
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