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    FOR SALE
    Residential land & home lots

    207 E Nettleton Ave, Jonesboro, AR 72401

    Property ID
    US05-0628340
    Property summary
    AI-generated overview

    207 E Nettleton Ave presents a prime opportunity for a multifamily development in Jonesboro, AR. Situated in a rapidly growing area with high demand for housing, this lot offers an ideal canvas for multifamily units to meet the needs of the local community. With proximity to key amenities including schools, shopping centers, restaurants, and recreational facilities and convenient access to major transportation routes, it ensures an easy commute for residents. It is zoned for multifamily development, offers flexibility in design and construction, and essential utilities such as water, electricity, and sewage are nearby for easy connection. Jonesboro has experiencing a steady population growth driven by economic growth and educational opportunities, so it has seen an increased demand for multifamily units in particular. Given the demand for multifamily housing and the favorable market conditions, the project presents a promising opportunity for investors seeking attractive returns in the real estate sector.

    Property profile
    Verified
    Property type Residential land & home lots
    UPID US05-0628340
    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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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