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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2523 Browns Ln Jonesboro, AR 72401

30,492 SF 0.7 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Retail properties & Spaces
Total area 30,492 SF
Lot 0.7 ac (30,492 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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