2911 Browns Ln Under Contract

Jonesboro,AR 72401

$ 1100000

- Bed

- Bath

- SqFt


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

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)

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