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    2300 Browns Ln Jonesboro, AR 72401

    Sponsored
    For Sale
    $3,495,000

    Prime C-3 zoned land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    This exceptional 11.6-acre commercial parcel, located at 2300 Browns Ln, Jonesboro, AR 72401 (APN 01-144291-04401), presents a unique investment opportunity. Zoned C-3, this property offers significant development potential. Its strategic location provides convenient access to Interstate 555, situated just one mile away, ensuring excellent visibility and connectivity. The land is completely surrounded by readily available utilities, simplifying infrastructure development. Further enhancing accessibility, the property benefits from additional access via Bernard Street. Currently held in trust and unencumbered, this raw land presents a clean slate for ambitious projects. The asking price is $3,495,000. This property is situated in Craighead County, Arkansas, and offers a compelling opportunity for investors seeking a large, well-located commercial land parcel ready for development. The property's size and zoning make it suitable for a wide range of commercial uses. Its proximity to major transportation routes and utilities makes it an attractive option for businesses seeking a strategic location in a growing area.

    Property Features for 2300 Browns Ln

    General Information

    Property type
    Land
    Lot Size
    505,296 SF

    HighLights

    • 11.6‑acre commercial parcel in Jonesboro, AR.
    • Zoned C‑3, offering significant development potential.
    • Excellent location, one mile from Interstate 555, providing high visibility and easy access.
    • Ready access to utilities and Bernard Street access.
    • Unencumbered and held in trust.
    • Asking price: $3,495,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.68659
    Latitude
    35.8166908

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    FAQs

    What type of property is this?
    Land - Prime C-3 zoned land, ideal for development.
    Where is this land located?
    The property is located at 2300 Browns Ln Jonesboro, AR.
    What is the asking price?
    The asking price for this property is $3,495,000.
    What are key features of this property?
    This property features: 11.6-acre commercial parcel in Jonesboro, AR.; Zoned C-3, offering significant development potential.; Excellent location, one mile from Interstate 555, providing high visibility and easy access.
    Request Owner's contact information
    2300 Browns Ln 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
    2300 Browns Ln Jonesboro, AR 72401
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