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Multifamily Development Opportunity in Jonesboro
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207 E Nettleton Ave, Jonesboro, AR 72401

Prime lot for multifamily development in a growing Jonesboro area.

Property SizeContact for details
Days on Market816

Property Features for 207 E Nettleton Ave

General Information

Standard status Active
Property subtype Land
Zoning R-2
Listing Agency: Halsey Real Estate
Listed By: Taylor Wilson · License #AR 00086756
Source: Crexi
Added: May 16, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:31AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Halsey Real Estate

Investment Insights

Based on property information with market context.

Located at 207 E Nettleton Ave in Jonesboro, AR, this property presents an opportunity for multifamily development. The lot is situated in a rapidly growing area with high demand for housing, making it suitable for constructing multifamily units. The location provides convenient access to schools, shopping centers, restaurants, and recreational facilities, as well as major transportation routes. The property is zoned for multifamily development, offering flexibility in design and construction. Essential utilities, including water, electricity, and sewage, are nearby for easy connection. Jonesboro has experienced population growth driven by economic growth and educational opportunities, leading to increased demand for multifamily units. This project offers a promising opportunity for investors seeking returns in the real estate sector.

Key Highlights

  • High demand location for multifamily housing in a rapidly growing area of Jonesboro, AR.
  • Zoned for multifamily development, providing design and construction flexibility.
  • Proximity to key amenities: schools, shopping, restaurants, and recreational facilities.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Kitchen & Bath Showroom Auto Parts Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Furniture & Home Goods Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

263
Businesses Nearby

Demographics for 72401, AR

43,127
Population
19,328
Households
2.2
Avg Household Size
33
Median Age
23%
College-Educated
89%
High-School Grad
88.5 sq mi
ZIP Area
487
Density / Sq Mi
$43,412
Median Household Income
$32,970
Median Earnings
$897
Median Rent
$185,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Prime lot for multifamily development in a growing Jonesboro area.
Where is this residential land & home lot located?
The property is located at 207 E Nettleton Ave Jonesboro, AR.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: High demand location for multifamily housing in a rapidly growing area of Jonesboro, AR.; Zoned for multifamily development, providing design and construction flexibility.; Proximity to key amenities: schools, shopping, restaurants, and recreational facilities.
(870) 926-4588 Call to check price and availability
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