Current Use by Public Records
- Retail properties & Spaces
Property Details for 4828 Johnson Ave
- Lot size
- 4.32 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Land
Description
This exceptional 4.32-acre commercial land parcel in Jonesboro, Arkansas, presents a unique investment opportunity. Located at the hard corner of Highway 49 North and Bridger Road, this property offers unparalleled visibility and access to over 23,000 vehicles daily. Zoned C-3 commercial, it's ideally situated as a gateway to the expansive NEA Baptist Health System Campus, a $400 million development, and adjacent to a new 11-acre lifestyle-focused medical development, The Reserve at NEA Baptist. This development includes NEA Baptist Pediatricians, Dermatology, and Pain Management. Furthermore, a soon-to-be-announced 55,000 square foot medical facility is also nearby. The site is divisible into three separate lots, each offering significant frontage on Johnson Avenue and/or Bridger Road. City utilities are available. Lot 1 (1.44 acres) and Lot 2 (1.44 acres) are priced at $878,170 each, while the corner Lot 3 (1.44 acres) is priced at $1,066,349. This prime location provides an exceptional opportunity for restaurant and retail development within a thriving medical corridor. The total asking price for the entire 4.32-acre tract is $2,822,689. This property represents a strategic investment in a high-growth area with significant long-term potential.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jonesboro
- County
- Craighead
- State
- Arkansas
- Longitude
- -90.6369
- Latitude
- 35.8642
