Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4511 E Johnson Ave Jonesboro, AR 72405

    Sponsored
    For Sale
    $1,100,000

    Mixed Use - Jonesboro, AR

    Type:Mixed Use
    Property size:
    81,457 SF
    Lot size:
    1.87 Acres
    Days on Market:
    18
    Last Refresh:
    Feb 26 at 2:06 am

    Property Features for 4511 E Johnson Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    APN
    NEW OR UNDER CONSTRUCTION
    Size
    81,457 SF
    Lot size
    1.87 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Chase Copeland
    Chase Copeland

    COLDWELL BANK VILLAGE COMMUNITIES (870) 935-7800

    Listing agent Chase Copeland (870) 935-7800 License #SA00095147

    Listing date Feb 9, 2026

    MLS# 10120896 Listing URL

    Copyright © 2026 Northeast Arkansas Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Prime Commercial Land Opportunity

    This 1.87-acre parcel offers highway frontage off U.S. 49 with a traffic count of 31,000 CPD, presenting an excellent opportunity for commercial development. The property is ideally situated in the thriving Hilltop trade area, next to restaurants, shopping, and NEA Baptist Memorial Hospital, ensuring high visibility and steady foot traffic. Its strategic location provides easy access to major roads. This property is currently zoned R-1 and is suitable for retail, office space, or medical-related ventures.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.64301
    Latitude
    35.86307

    Nearby Similar for Sale

    • $499,000
      4,860 SF

      Office/Warehouse Buildings on Fenced Site

      Two buildings with office and warehouse space on 1.34 acres.
      3101 Dan Ave, Jonesboro, AR 72401
      View Details
    • $359,000
      1,344 SF

      Jonesboro Carwash and Development Opportunity

      Carwash on half acre lot with development potential.
      2823 Creek Dr, Jonesboro, AR 72401
      View Details
    • $499,000
      4,860 SF

      Jonesboro Flex Space Opportunity

      Two buildings with office and warehouse space on fenced lot.
      3101 Dan Ave, Jonesboro, AR 72401
      View Details
    • $359,000
      1,344 SF

      Jonesboro Carwash with Development Potential

      Carwash on half acre lot with development possibilities available.
      2823 Creek Dr, Jonesboro, AR 72401
      View Details
    • $599,900
      7,708 SF

      Retail Building in Jonesboro, AR

      7,708 SF retail building in Jonesboro, Arkansas for sale.
      316 E Johnson Ave, Jonesboro, AR 72401
      View Details
    • $1,280,000
      7,200 SF

      Jonesboro Retail Center Near University

      Seven-unit retail center near Arkansas State University.
      206 Melrose St, Jonesboro, AR 72401
      View Details
    • New
      Contact for pricing
      9,224 SF

      Custom Office Building in Jonesboro

      High-end, fully furnished office building in Windover Office Park.
      2804 Longview Dr, Jonesboro, AR 72401
      View Details
    • $624,900
      2,400 SF

      Jonesboro Commercial Building on One Acre

      Commercial building on one acre in prime Jonesboro location.
      3103 Prosperity Dr Dr, Jonesboro, AR 72404
      View Details
    • $1,250,000
      3,362 SF

      Medical Office Building For Sale

      Well-appointed medical office building with patient and business areas.
      906 Osler Dr, Jonesboro, AR 72401
      View Details
    • $1,250,000
      3,362 SF

      Refined Medical Office Space

      Inviting medical office with patient rooms and business offices.
      906 Osler Dr, Jonesboro, AR 72401
      View Details
    • $599,900
      7,708 SF

      Jonesboro Building and Land For Sale

      7708 SF building on 0.4 acres, I-1 zoning.
      316 E Johnson Ave, Jonesboro, AR 72401
      View Details
    • $669,000
      3,538 SF

      Retail Corner in Jonesboro, AR

      Retail property in high-traffic location near established neighborhoods.
      533 W Nettleton Ave, Jonesboro, AR 72401
      View Details

    FAQs

    What type of property is this?
    Commercial land - 1.87-acre parcel with highway frontage in thriving Hilltop trade area.
    Where is this commercial land located?
    The property is located at 4511 E Johnson Ave Jonesboro, AR.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Prime 1.87-acre +/- parcel with highway frontage on U.S. 49 (31,000 CPD).; - Located in the thriving Hilltop trade area.; - Positioned next to popular restaurants, shopping, and NEA Baptist Memorial Hospital.
    (870) 819-6395
    Request Owner's contact information
    4511 E Johnson Ave Jonesboro, AR 72405
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4511 E Johnson Ave
    Jonesboro, AR 72405
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4511 E Johnson Ave Jonesboro, AR 72405
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Chase Copeland
    Chase Copeland
    Real Estate License ID: SA00095147
    (870) 819-6395 (870) 935-7800 (870) 272-8600
    Learn more
    Google sign-in failed. Please try again or use another login method.