$1,100,000
For more information regarding the value of a property, please contact us for a free consultation.
3.4 Acres Lot
SOLD DATE : 04/03/2025
Key Details
Property Type Vacant Land
Sub Type Multi-Family Lot
Listing Status Sold
Purchase Type For Sale
Subdivision Not In Subdivision
MLS Listing ID 24009608
Sold Date 04/03/25
Annual Tax Amount $7,062
Tax Year 2023
Lot Size 3.400 Acres
Acres 3.4
Property Sub-Type Multi-Family Lot
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)
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Halsey Thrasher Harpole Real Estate Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "