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2911 Browns Ln
Jonesboro, AR 72401
Rare Multi-Family Zoning Opportunity · Land For Sale · 3.36 AC

Investment Highlights

  • Rare, multi-family zoning opportunity
  • A strategic location with desirable zoning creating the potential for various development opportunities
  • Large lot, perfect for development
  • Close proximity to essential amenities and major roadways
  • Located within a well established neighborhood
  • 3,100 vehicles per day on Browns Lane and 37,000 vehicles per day on I-555

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
Total Lot Size 3.36 AC
No. Stories 1
Zoning R-3 - The maximum density in this zone is eighteen(18) dwelling units to the acre.

Description

Approximately 3.4 acres, situated at 2911 Browns Lane, offers a prime spot 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 apartments, condos, townhouses, or 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.

Property Taxes

Property Taxes

Parcel Number
01-144293-00900
Land Assessment
$157,328
Improvements Assessment
$0
Total Assessment
$157,328
  • Listing ID: 28638567

  • Date on Market: 6/2/2023

  • Last Updated:

  • Address: 2911 Browns Ln, Jonesboro, AR 72401

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