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    OFF-MARKET
    Medical Office Space

    4803 Johnson Ave, Jonesboro, AR 72405-8413

    4,109 SF 0.98 ac lot
    Entity Owned 12-yr Hold ~ Est. High Equity
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • NEA Baptist Clinic Cardiology Medical Clinic
    • Vijay Reddy, MD Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    P & H Investments LLC · 12 yrs held
    P & H Investments LLC
    since 2013
    3 recorded transactions
    2019
    2016
    2013
    $985,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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