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    195 Crain Rd Brookland, AR 72417

    Sponsored
    For Sale
    $1,450,000

    29 Acres, High-Traffic Location, Development Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 29-acre tract in Brookland, Arkansas, presents a unique investment opportunity. Located on Highway 49, it boasts over 770 linear feet of highway frontage, experiencing over 27,000 cars daily, ensuring high visibility and accessibility. The property is zoned Residential-AG, offering versatility for various development projects. Its prime location between Jonesboro and Paragould, two rapidly growing cities, makes it ideally positioned to capitalize on the area's booming economy. Brookland itself is experiencing significant population growth, fueled by the recent opening of a $500 million NEA Baptist Healthcare System and the expansion of a highly sought-after school district. This strategic location, coupled with the high traffic count on Highway 49, creates an exceptional opportunity for commercial, residential, or mixed-use development. The asking price is $1,450,000, or $50,000 per acre. The property's APN is 11-155313-00700, and the address is 195 Crain Rd, Brookland, AR 72417. This is a rare chance to acquire a substantial land parcel in a thriving Arkansas community poised for continued expansion.

    Property Features for 195 Crain Rd

    General Information

    Property type
    Farms
    Lot Size
    1,263,240 SF

    HighLights

    • $500M NEA Baptist Medical Campus driving significant development south of Brookland.
    • Arkansas's fastest‑growing city.
    • Top‑performing, expanding school district in the state.
    • +/- 27,000 cars per day on Hwy 49.
    • 770 feet of highway frontage.
    • Excellent location near one of Arkansas's fastest‑growing school districts.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Hair Salon Department Store Storage Facility Cafe & Coffee Shop Pet Store Pet Supply Store Pet Grooming Service Home Appliance Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Brookland
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.597014
    Latitude
    35.883977

    Nearby Comparable

    • $1,150,000

      Prime Land in Growing Brookland

      Land with highway frontage near NEA Baptist Medical Campus.
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      Highway Frontage Land For Sale

      Commercial land with highway frontage, ideal for development.
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    Nearby Similar for Sale

    • $5,990,000
      29,000 SF

      Luxury Duplex Apartment Complex

      Newer apartment complex near Jonesboro and Paragould, Arkansas.
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      View Details
    • Contact for pricing
      2,520 SF

      Stand-Alone Building in Hilltop Area

      2,500+ SF building on Highway 49 in Brookland, Arkansas.
      5060 Highway 49 N, Brookland, AR 72417
      View Details

    FAQs

    What type of property is this?
    Farm - 29 Acres, High-Traffic Location, Development Ready
    Where is this farm located?
    The property is located at 195 Crain Rd Brookland, AR.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: $500M NEA Baptist Medical Campus driving significant development south of Brookland.; Arkansas's fastest-growing city.; Top-performing, expanding school district in the state.
    Request Owner's contact information
    195 Crain Rd Brookland, AR 72417
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    Brookland, AR 72417
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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
    195 Crain Rd Brookland, AR 72417
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