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    OFF-MARKET
    Commercial land

    101 Darr St, Brookland, AR 72417

    Property ID
    US05-0905424
    Property summary
    AI-generated overview

    Brookland is situated directly in between Jonesboro and Paragould and is one of the fast growing cities in Arkansas, with its population doubling in the past 4 years alone. Consequently, the school system has also evolved into one of the fastest growing schools in Arkansas. Highway 49 carries over 22,000 cars per day and intersects Brookland School Road, the main artery through the city that travels directly into the school. Not only does this unique combination make it the single most important intersection in the city, but it has also created a natural landing spot in Brookland for retail, medical, & office users to have excellent visibility and easy access to Highway 49. Since 2021, Brookland has added the city's only financial institution - First Community Bank, its first ever grocery store/gas station development - Harps, a full service car wash and a new prototype McDonald's to this intersection alone. We are offering over 2,400 feet of frontage along both sides of Highway 49, adjacent to this retail hot spot, and nearly 50 acres ready for development. Lot A $10 PER SF -This lot holds direct access to Brookland School Road and benefits from the surrounding infrastructure of ARCare and the newly developed subdivision located just West of the site. B Lot B $14-15 PER SF- is cleared and ready for development, sitting at aproximately 4.27 AC and has direct highway frontage, is wedged between Highway 49 and Oak St, sits adjacent to McDonald’s. D Flexible Lot Options Lot D $12 PER SF- South of the new city street connecting Oak Street and Highway 49, and offers several corner lot options. Lot C is our largest lot offering, at approximately 50 AC, and has some of the highest development potential in the area. With massive projects booming in this area, including the new subdivision being built just north of the site, this lot hosts a wide range of possibilities for the end-user looking for not only exposure, but convenience. Land is priced at $100,000/AC.

    Property profile
    Verified
    Property type Commercial land
    UPID US05-0905424
    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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