$ 1,100,000
2911 Browns Ln Jonesboro, AR 72401
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$ 1,100,000
Est. payment | /mo
3.4 Acres Lot
$ 1,100,000
Est. payment | /mo
3.4 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Multi-Family Lot
Listing Status Under Contract
Purchase Type For Sale
Subdivision Not In Subdivision
MLS Listing ID 24009608
Annual Tax Amount $7,062
Tax Year 2023
Lot Size 3.400 Acres
Acres 3.4
Property Description
Approximately 3.4 acres, situated at 2911 Browns Lane, offers a prime location within a well-established neighborhood. Close proximity to essential amenities and major roadways ensures convenience for residents and businesses alike. The property's rare R-3 zoning status represents a significant advantage for potential developers. This zoning designation allows for a high density residential development making it perfect for multi-family dwellings. The region's strong real estate market and the scarcity of available properties with R-3 zoning make this opportunity particularly attractive. With a growing population and increased demand for quality housing and amenities, the development at 2911 Browns Lane is well-positioned for a successful venture with substantial potential for long-term economic viability. Additionally, the exciting development of Reedmont is currently under construction just one street over, increasing traffic and generating interest in the neighborhood. The combination of strategic location, desirable zoning, and the potential for various development options makes this property a compelling investment prospect.
Location
State AR
County Craighead
Area Jonesboro J
Exterior
Utilities Available Some Util Avl-Not on Prop, Elec-Municipal (+Entergy)
Listed by Halsey Thrasher Harpole Real Estate Group • Jerry Halsey Jr.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "