104 Johnson AveJonesboro, AR 72401

  • Land
  • 1.39 AC
For Lease
$12/SF/YR View listing

Property Details for 104 Johnson Ave

Lot size
1.39 AC
Property type
Land
Property subtype
Commercial land
APN
01-144182-30300
APU
114418230300

Description

This exceptional Class A retail property in Jonesboro, Arkansas, offers 35,719 square feet of vacant space in a free-standing building. Located at 104 E Johnson Ave, 72401, this prime location boasts high visibility and accessibility, situated at the signalized intersection of Johnson Avenue and Main Street. The property benefits from significant daily vehicle traffic (33,000 cars) and pedestrian traffic due to its proximity to Bill's Cost Plus, Jonesboro Public School System's Pre-k North, the historic downtown district, local restaurants, the Forum Theater, Craighead County Courthouse, St. Bernard's Medical Center, and Arkansas State University. Flexible build-to-suit options are available, accommodating up to two 4,000-5,000 square foot buildings on a 0.82-acre lot, ideal for medical users or restaurants/retailers. Individual spaces ranging from 4,000 to 16,000 square feet are also available within the existing 35,719 square foot building. Ample parking and easy access enhance the property's appeal. The lot is also available for purchase. This is a unique opportunity to establish a presence in a thriving, high-traffic area of Jonesboro, Craighead County.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $15,841,461
    Hospitality
    $14,510,693
    Educational
    $12,072,726
    Medical
    $12,487,926
    Retail
    $18,779,796
104 Johnson Ave, Jonesboro, Arkansas
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Location Insight

City
Jonesboro
County
Craighead
State
Arkansas
Latitude
35.8462
Longitude
-90.7041
CBSA code
27860
CBSA name
JONESBORO, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$2,044
$48,438
-
$48,438
-
$242,190
-
$242,190

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