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Property profile & analytics
OFF-MARKET
Land

511 Co Rd Brookland, AR 72437

16.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 16.5-acre property in Lake City, Arkansas, presents a unique blend of rural tranquility and urban convenience. Located near Jonesboro, this land offers easy access to the city's amenities, including NEA Baptist Hospital, Arkansas State University, and the Jonesboro Industrial Park – recently expanded with a new Amazon distribution hub. The property boasts CR 954 frontage, providing convenient access. Existing infrastructure includes on-site rural water and electricity. The land itself is a mix of wooded and pasture areas, offering versatility for various uses. Importantly, there are no known restrictions, homeowner's associations (HOAs), or building covenants associated with this property. Its proximity to Jonesboro's municipal airport further enhances its appeal. This is a prime opportunity for investors seeking a versatile property with significant potential, combining the peace of a country setting with the advantages of a thriving city and industrial area just minutes away. The asking price is $129,000, translating to approximately $7,818.18 per acre.

Property profile
Verified
Property type Land
Lot 16.5 ac (718,740 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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