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    FOR LEASE
    Commercial real estate

    4215 E Johnson Ave, Jonesboro, AR 72405

    1.62 ac lot
    Property ID
    US05-0153218
    4215 E Johnson Ave, Jonesboro, AR 72405 For Lease
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    4215 E Johnson Ave, Jonesboro, AR 72405
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    Property summary
    AI-generated overview

    This exceptional 1.62-acre commercial lot in Jonesboro, Arkansas, presents a remarkable investment opportunity. Located at 4215 E Johnson Ave, in the rapidly growing Hilltop Trade Area, this property boasts significant frontage on Highway 49 North, a major thoroughfare experiencing 35,000 cars per day. Its strategic position near the signalized intersection of Highway 49 North and Airport Road ensures maximum visibility and accessibility. Already zoned for commercial use, this land is ideally suited for a variety of businesses, including restaurants, retail establishments, or office spaces. The property benefits from its proximity to a new $400 million Nea Baptist Healthcare Campus, and is surrounded by a thriving mix of established businesses. These include several major banks (First National Bank, Unico Bank, First Security Bank), medical offices (Hilltop Eyecare, Focus Inc. Counseling Services), and popular national retailers and restaurants such as Demo's BBQ, AutoZone, Burger King, Sonic, Dairy Queen, Arby's, Fat City Grill, Fred's, Camp Pharmacy, and O'Reilly Auto Parts. This prime location, coupled with its high visibility and convenient access, makes this lot an exceptional investment in one of Jonesboro's fastest-growing markets. The asking price is $987,938. The property is situated in Craighead County, Arkansas, zip code 72401.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 1.62 ac (70,567 SF)
    UPID US05-0153218
    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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