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195 Crain Rd - 29 AC Tract Along Hwy 49

29 Acres of Commercial Land Offered at £1,144,050 in Brookland, AR 72417

Investment Highlights

  • $500 MM NEA Baptist Medical Campus Causing a Boom in Development South of Brookland
  • Most Sought After and Expanding School in the State
  • 770 Feet of Highway Frontage
  • Fastest Growing City in the State of Arkansas
  • +/- 27,000 CPD on Hwy 49

Executive Summary

The massive growth this community is currently experiencing can be attributed to several factors. Brookland is uniquely located along Highway 49 between Jonesboro and Paragould. The opening of the new $500 million NEA Baptist Healthcare System has created an economic boom along the Highway 49 corridor north of Jonesboro. The majority of all development money spent in Paragould is focused in it's southern region. As more and more families desire to live on the outskirts of both of these cities, they are getting pushed further and further out, landing them in Brookland. As a result, the school district is growing, several new housing developments are being constructed, and the city is needing to expand their borders.

Attachments

Yochum Package

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per AC
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per AC -
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $99,999
Annual Per AC $9.99

Property Facts

Price £1,144,050
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 29.00 AC

1 Lot Available

Lot

Price £1,144,050
Price Per AC £39,450
Lot Size 29.00 AC

This 29 acre tract is primed for development featuring over 770 linear feet of frontage on Highway 49. Highway 49 carries over 27,000 cars per day, giving this tract prime exposure.

Description

Brookland is situated directly in between Jonesboro and Paragould and is one of the fast growing cities in Arkansas, with it's population doubling in the past 4 years alone. The school systems has evolved into one of the fastest growing schools in Arkansas. This 29 acre tract is primed for development featuring over 770 linear feet of frontage on Highway 49. Highway 49 carries over 27,000 cars per day, giving this tract prime exposure.

zoning

Zoning Code A-1 (Agriculture)
A-1 (Agriculture)
  • Listing ID: 32477316

  • Date on Market: 16/07/2024

  • Last Updated:

  • Address: 195 Crain Rd, Brookland, AR 72417

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