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Property profile & analytics
OFF-MARKET Estimated value $880,000
Auto shops

4212 Johnson Ave Jonesboro, AR 72405-8802

14,750 SF 1.41 ac lot Built 2003
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US05-1520135
Property summary
AI-generated overview

This exceptional 15,000-square-foot Class A medical office building presents a unique investment opportunity in Jonesboro, Arkansas. Located at 4212 E Johnson Ave, 72401, in Craighead County, this single-tenant property boasts a prime location in the thriving Hilltop area. Its strategic placement between NEA Baptist Hospital Campus and Arkansas State University ensures high visibility and accessibility, with over 31,000 vehicles passing daily. The building is ideally suited for medical practitioners or other office tenants seeking a modern, well-appointed space. The surrounding area is experiencing significant growth, with new dining, retail, medical, and residential developments creating a vibrant and dynamic environment. This property offers unparalleled convenience and exposure, making it an ideal location to establish or expand a business. The building's contemporary design and prime location within a rapidly developing area promise strong returns and long-term growth potential. This is a rare opportunity to secure a high-quality space in a thriving commercial corridor. The property is categorized as Retail and Office, specifically a Medical Office, and offers a single tenancy.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2003
Total area 14,750 SF
Lot 1.41 ac (61,420 SF)
APN 01-144101-15100
UPID US05-1520135
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
Current use
Occupant on record · Public records
  • Car Choice LLC Car Dealership
  • Car Choice of Jonesboro Car Dealership
  • higi Physician
  • Best Choice Auto Financial Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$920k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$880k
Owner & transaction history
Miles Investments INC · 1 yrs held
Miles Investments INC
since 2024
Last sale
$850,000
3 recorded transactions
2024
$1.8M
2021
Price N/A
2020
$850,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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