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4803 Johnson Ave Jonesboro, AR 72405-8413

OFF-MARKET Medical Office Space Google Maps
4,109 SF 0.98 ac lot
Entity Owned 12-yr Hold ~ Est. High Equity
Estimated value (blended)
$300k
Range $270k – $330k (±10%)
Property ID US05-1776940

Property summary

AI-generated overview

This exceptional 5,000 square foot single-tenant medical office building presents a remarkable opportunity in Jonesboro, Arkansas. Ideally situated directly across from the NEA Baptist Regional Hospital, this Class B property boasts unparalleled visibility and accessibility. Constructed in 2014, the one-story building sits on a 0.98-acre lot and is zoned for commercial use. Its location in North Jonesboro places it within a rapidly expanding retail corridor, surrounded by numerous restaurants and other medical facilities. The property offers immediate occupancy, making it perfect for a medical practice seeking a move-in ready space. The building's 5,000 square feet provide ample room for a variety of medical uses, and its proximity to the hospital ensures high patient traffic and visibility. This is a second-generation medical space, ready for immediate use and customization. The property is available for both sale and lease, offering flexibility to potential buyers and tenants. This is a truly exceptional opportunity to establish or expand a medical practice in a thriving and high-demand area. The property features no elevators.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Total area 4,109 SF
Lot 0.98 ac (42,689 SF)
APN 01-144112-12600
UPID US05-1776940

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Physician

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2013
3 recorded transactions
2019
Price N/A
2016
Price N/A
2013
$985,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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