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    5209 Johnson Ave Jonesboro, AR 72401

    Sponsored
    For Sale
    $1,191,804

    2.28 Acres, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2.28-acre commercial land parcel is ideally situated on East Johnson Avenue (Highway 49 North) in Jonesboro, Arkansas. Boasting excellent visibility and high traffic counts (approximately 23,000 cars per day), this property presents a remarkable investment opportunity. Located in one of Jonesboro's fastest-growing areas, the site benefits from its proximity to a major healthcare campus (Nea Baptist Healthcare), numerous established businesses (including Arvest Bank, First Security Bank, AutoZone, and various restaurants), and a new Ridgecrest Nursing Center. The property's commercial zoning allows for a wide range of development possibilities, further enhanced by its location directly across from a proposed new movie theater. The parcel's size and prime location make it highly attractive for retail development, capitalizing on the area's significant growth and high demand for commercial land. The APN is 01-144111-01300. The asking price is $1,191,804.

    Property Features for 5209 Johnson Ave

    General Information

    Property type
    Land
    Lot Size
    99,317 SF

    HighLights

    • High‑traffic location on Highway 49 N corridor.
    • Approx. 23,000 vehicles per day (VPD).
    • Situated in Jonesboro's fastest‑growing area.
    • Directly across from Ridgecrest Nursing Center.
    • Strong retail land demand.
    • Exceptional visibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.6289737
    Latitude
    35.8636398

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    FAQs

    What type of property is this?
    Land - 2.28 Acres, High-Traffic Location
    Where is this land located?
    The property is located at 5209 Johnson Ave Jonesboro, AR.
    What is the asking price?
    The asking price for this property is $1,191,804.
    What are key features of this property?
    This property features: High-traffic location on Highway 49 N corridor.; Approx. 23,000 vehicles per day (VPD).; Situated in Jonesboro's fastest-growing area.
    (870) 336-8000
    Request Owner's contact information
    5209 Johnson Ave Jonesboro, AR 72401
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    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
    5209 Johnson Ave Jonesboro, AR 72401
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