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    5922 Us 49 Jonesboro, AR 72404

    For Sale
    $3,833,280

    22-acre commercial land, prime retail location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 22-acre commercial land parcel presents a remarkable investment opportunity in Jonesboro, Arkansas. Strategically located at the corner of Clinton School Road and Highway 49 North, this site is situated within Jonesboro's burgeoning medical and retail corridor, experiencing significant recent growth. The property boasts excellent visibility and exposure, with frontage on Highway 49 North and Clinton School Road, enjoying over 23,000 vehicles passing daily. A new traffic signal has been approved for this intersection, further enhancing accessibility and visibility. Its proximity to major developments, including the new 80-acre Northeast Arkansas District Fairgrounds and the Nettleton Baptist Church, ensures strong neighboring tenants and a thriving commercial environment. The site is less than 600 yards from the new Nea Baptist Health System campus. This location is ideal for retail outparcels, offering ample space for development. All city utilities are readily accessible. The completion of the Eastern Bypass will connect directly to Highway 49 in front of the property at a brand-new traffic signal, further increasing traffic flow and visibility. This 22-acre lot is priced at $3,833,280. This is a rare opportunity to acquire a high-traffic, strategically located commercial land parcel in a rapidly expanding area.

    Property Features for 5922 Us 49

    General Information

    Property type
    Land
    Lot Size
    958,320 SF

    HighLights

    • Full city utilities available.
    • High‑visibility corner lot at the future signalized intersection of Highway 49 N and Clinton School Road.
    • Located directly north of the new Nea Baptist Health System campus.
    • Excellent site for retail outparcels.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.7862876
    Latitude
    35.7779329

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    FAQs

    What type of property is this?
    Land - 22-acre commercial land, prime retail location
    Where is this land located?
    The property is located at 5922 Us 49 Jonesboro, AR.
    What is the asking price?
    The asking price for this property is $3,833,280.
    What are key features of this property?
    This property features: Full city utilities available.; High-visibility corner lot at the future signalized intersection of Highway 49 N and Clinton School Road.; Located directly north of the new Nea Baptist Health System campus.
    (870) 336-8000
    Request Owner's contact information
    5922 Us 49 Jonesboro, AR 72404
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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
    5922 Us 49 Jonesboro, AR 72404
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