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    OFF-MARKET
    Land

    6021 Johnson Ave, Jonesboro, AR 72401

    5.96 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 5.96-acre commercial and residentially-zoned land parcel presents a remarkable investment opportunity in Jonesboro, Arkansas. Located at 6021 E Johnson Ave, this property boasts unparalleled visibility and accessibility along Highway 49, experiencing daily traffic exceeding 25,000-27,000 vehicles. Situated within Jonesboro's thriving medical/retail corridor, the land is ideally positioned near significant developments, including the new $400 million NEA Baptist Health System Campus and the Ridgecrest Development, home to a substantial health and rehabilitation center. Less than 600 yards from a new 80-acre Nettleton Baptist Church campus, this site offers excellent exposure and multiple access points. All city utilities are available. The property's strategic location is further enhanced by its proximity to a planned eastern bypass connecting to Highway 49 via a new traffic signal, ensuring continued growth and high traffic volume. The asking price is $875,000, translating to $146,812 per acre. The property's APN is 01-144014-01100. This is a for-sale-by-owner listing with no lease options available. Jonesboro's robust economic growth, serving a trade area of over 500,000 people, makes this a prime location for development.

    Property profile
    Verified
    Property type Land
    Lot 5.96 ac (259,618 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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