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    4916 Medical Blvd Jonesboro, AR 72405

    Sponsored
    For Lease
    $62,500

    Executive Suites, Prime Location

    Lot size:
    24,394 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional executive office opportunity is situated within the Reserve at NEA, an 11-acre lifestyle medical development directly adjacent to the NEA Baptist Health System Campus in Jonesboro, Arkansas. The property offers a single-tenant, 0.56-acre lot featuring a prime location for medical professionals seeking convenient access to the hospital and its extensive facilities. The development boasts a thoughtfully designed landscape, including a multi-use walking trail connecting to NEA Baptist, multiple water features, a lakeside pavilion, and several green spaces. Two existing buildings are currently on-site, with three additional potential building sites available, each complete with individual patio systems. This development provides a unique opportunity to establish a presence in a thriving medical community, offering unparalleled convenience and a high-quality work environment. Future phases include planned restaurant and retail spaces, further enhancing the area's appeal. The property is subject to strict covenants and restrictions. A build-to-suit option may also be considered, subject to developer and NEA Baptist approval. The address is 4916 Medical Blvd, Jonesboro, AR 72405.

    Property Features for 4916 Medical Blvd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    24,394 SF
    Total Rate
    62500

    Unit(s) available at that property

    Space
    Available Space
    Size
    24,394 SF
    Rate per SF
    $62,500

    HighLights

    • Executive office opportunity in the Reserve at NEA, an 11‑acre medical development adjacent to NEA Baptist Health System.
    • Directly connected to NEA Baptist Medical System.
    • Amenities include a lakeside pavilion, walking trail, water features, and green space.
    • Located across from the Courtyard by Marriott, the only hotel in North Jonesboro.
    • Situated in Jonesboro's primary new development area.
    • Existing tenants include NEA Baptist Pediatric Clinic, Dermatology & Mohrs Surgery, and Pain Management Center.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.631179
    Latitude
    35.8677908

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    FAQs

    What type of property is this?
    Office Property / Space - Executive Suites, Prime Location
    Where is this office property / space located?
    The property is located at 4916 Medical Blvd Jonesboro, AR.
    What is the lease rate?
    The lease rate is $62,500.
    What are key features of this property?
    This property features: Executive office opportunity in the Reserve at NEA, an 11-acre medical development adjacent to NEA Baptist Health System.; Directly connected to NEA Baptist Medical System.; Amenities include a lakeside pavilion, walking trail, water features, and green space.
    Request Owner's contact information
    4916 Medical Blvd Jonesboro, AR 72405
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    Jonesboro, AR 72405
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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
    4916 Medical Blvd Jonesboro, AR 72405
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