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    3637 Johnson Ave Jonesboro, AR 72401

    For Sale
    $1,600,000

    ±6,600 SF, Jonesboro, AR. High demand.

    Property size:
    6,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional ±6,600 square foot office building, situated on a 0.8-acre lot in Jonesboro, Arkansas (APN: 01-144102-01200), presents a unique investment opportunity. Completed in August 2013, this modern structure boasts a flexible design suitable for executive office, medical office, or retail uses, making it highly adaptable to various business needs. The building is zoned C-3 LUO and features two units within a single building. Located at 3637 E Johnson Ave, Jonesboro, AR 72401, this property benefits from a prime location along Highway 49 North, between the intersections of Highway 49 & Old Greensboro Road and Highway 49 & Airport Road, ensuring high visibility and exposure to over 20,000 vehicles daily. Its strategic position between Arkansas State University and the NEA Baptist Healthcare System Campus places it within a rapidly growing area experiencing significant demand for commercial space. The building has recently undergone renovations, including a new roof and exterior paint. While 3,600 square feet is currently available for lease, the entire 6,600 square foot building is offered for sale at $1,600,000 with a NNN lease type. This is a rare opportunity in a thriving market, and interested parties are encouraged to act quickly.

    Property Features for 3637 Johnson Ave

    General Information

    Property type
    Medical offices
    Square Feet
    6,600 SF
    Lot Size
    34,848 SF

    Building Details

    Buildings
    1
    Units
    2

    HighLights

    • Flexible‑use commercial building suitable for retail, medical, or office tenants.
    • High‑traffic location on Highway 49 North, with daily exposure to over 20,000 vehicles.
    • Prime location between Arkansas State University and NEA Baptist Healthcare System.
    • Situated in a rapidly developing area of Jonesboro, AR.
    • 3,600 square feet available for lease; entire 6,600 square foot building available for sale at $1,600,000 (NNN lease).
    • Recently renovated with a new roof and exterior paint.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    St. Bernards First ... Medical Clinic First Care - Hilltop Medical Clinic Dr. William Little Dentist Ideal Option Addiction Treatment Center

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.65328263319
    Latitude
    35.858903195831

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    FAQs

    What type of property is this?
    Medical office - ±6,600 SF, Jonesboro, AR. High demand.
    Where is this medical office located?
    The property is located at 3637 Johnson Ave Jonesboro, AR.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: Flexible-use commercial building suitable for retail, medical, or office tenants.; High-traffic location on Highway 49 North, with daily exposure to over 20,000 vehicles.; Prime location between Arkansas State University and NEA Baptist Healthcare System.
    Request Owner's contact information
    3637 Johnson Ave Jonesboro, AR 72401
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    Realmo Value Estimation

    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.

    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.

    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
    3637 Johnson Ave Jonesboro, AR 72401
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