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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

3700 Johnson Ave Jonesboro, AR 72401

2.43 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.43-acre commercial land parcel in Jonesboro, Arkansas, presents a prime investment opportunity. Strategically located on Highway 49 North, this high-traffic area boasts over 32,000 cars daily, ensuring maximum visibility for your business. The property comprises two lots: a 1-acre lot with 130 feet of Highway 49 frontage, and a 1.43-acre corner lot offering 141 feet of Highway 49 frontage and over 350 feet of frontage on Visions Avenue. Both lots are priced at $23 per square foot. This thriving location is experiencing significant growth fueled by the recent opening of the NEA Baptist Healthcare System Campus, attracting both commercial and residential development. The property benefits from its proximity to numerous established restaurants, retailers, and businesses, including the newly opened First National Financial Park and the Songbird Development. It's also directly across from the only grocery store in the Hilltop area, and adjacent to a new Tommy's Express Car Wash, further enhancing the area's appeal and traffic flow. Multiple access points along Highway 49 North and easy access to Highway 351 provide excellent connectivity. This is an unparalleled chance to capitalize on the booming growth and high visibility of this prime Jonesboro location. The asking price for the entire property is $2,436,505.

Property profile
Verified
Property type Retail properties & Spaces
Lot 2.43 ac (105,851 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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