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    5900 Johnson Ave Jonesboro, AR 72401

    Sponsored
    For Sale
    $479,000

    Prime Jonesboro location, high traffic, development ready.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 1-acre commercial land parcel presents a remarkable investment opportunity in Jonesboro, Arkansas. Strategically situated on Highway 49 North, between Ridgecrest Health and Rehabilitation Center and the soon-to-be-completed Eastern Bypass, this property boasts unparalleled visibility and accessibility. With over 22,000 vehicles passing daily, this site is ideally positioned to capitalize on the significant growth spurred by the recent opening of the $400 million NEA Baptist Healthcare System campus. The area is experiencing a surge in both commercial and residential development, creating high demand for real estate. Utilities are already in place, simplifying development, and an adjoining lot is also available for purchase, allowing for expansion to accommodate a variety of commercial ventures, including restaurants, retail establishments, or other businesses. Direct access from Highway 49 North ensures optimal exposure and convenient access for customers and employees. This property offers a unique chance to establish a thriving business in a rapidly expanding market. The asking price is $479,000. Located at 5900 E Johnson Ave, Jonesboro, AR 72401.

    Property Features for 5900 Johnson Ave

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • One‑acre commercial lot situated between Ridgecrest Health & Rehab and Jonesboro's Eastern Bypass.
    • Proximity to the new NEA Baptist Health System.
    • Expansion acreage available.
    • Utilities readily available on‑site.
    • Direct Highway 49 North access.
    • Ideal for commercial development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Redbox Movie Rental Kiosk Dollar General Grocery Store Western Union Money Transfer Service

    Suggested Use

    Realty agency Law Firm Hair Salon Building Supply Gym & Fitness Auto Repair Shop Skin Care Clinic Kitchen & Bath Wholesale Shop Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.6213842
    Latitude
    35.8647966

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    FAQs

    What type of property is this?
    Land - Prime Jonesboro location, high traffic, development ready.
    Where is this land located?
    The property is located at 5900 Johnson Ave Jonesboro, AR.
    What is the asking price?
    The asking price for this property is $479,000.
    What are key features of this property?
    This property features: One-acre commercial lot situated between Ridgecrest Health & Rehab and Jonesboro's Eastern Bypass.; Proximity to the new NEA Baptist Health System.; Expansion acreage available.
    (870) 336-8000
    Request Owner's contact information
    5900 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
    5900 Johnson Ave Jonesboro, AR 72401
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