5300 Johnson Ave Jonesboro, AR 72401
This exceptional 2-acre commercial lot presents a remarkable investment opportunity in Jonesboro, Arkansas. Located at 5300 E Johnson Ave (Highway 49 North), this C-3 zoned property boasts 87,120 square feet and 277 feet of frontage on a high-volume thoroughfare, experiencing approximately 25,000 cars daily. Its prime location near the intersection of Highway 49 North and Bridger Road offers unparalleled visibility and accessibility. The property benefits from its proximity to the new $400 million NEA Baptist Healthcare System campus, attracting significant traffic and creating high demand for commercial development. Strong neighboring businesses include several banks (Iberiabank, Focus Bank, First National Bank), medical offices (Hilltop Eyecare, Focus Inc. Counseling Services), and national retailers and restaurants (AutoZone, Burger King, Sonic, Dairy Queen, Bill's Fresh Market). This thriving area within Jonesboro city limits presents a unique chance to capitalize on the growth and development surrounding the new healthcare campus. The asking price is $1,219,680. This is a rare opportunity to acquire a substantial commercial lot in a rapidly expanding area with excellent visibility and strong surrounding businesses. Don't miss this chance to secure a prime location for your next venture.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.