2523 Browns Ln Jonesboro, AR 72401
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.