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5900 E Johnson Ave Jonesboro, AR 72401

Retail space Google Maps
8,000 SF 0.73 ac lot
Entity Owned 1-yr Hold ~ Est. High Equity
Estimated value (blended)
$265k
Range $239k – $292k (±10%)
Property ID US05-1401776

Property summary

AI-generated overview

This exceptional 1-acre commercial land parcel presents a remarkable investment opportunity in Jonesboro, Arkansas. Strategically situated on Highway 49 North, between Ridgecrest Health and Rehabilitation Center and the soon-to-be-completed Eastern Bypass, this property boasts unparalleled visibility and accessibility. With over 22,000 vehicles passing daily, this site is ideally positioned to capitalize on the significant growth spurred by the recent opening of the $400 million NEA Baptist Healthcare System campus. The area is experiencing a surge in both commercial and residential development, creating high demand for real estate. Utilities are already in place, simplifying development, and an adjoining lot is also available for purchase, allowing for expansion to accommodate a variety of commercial ventures, including restaurants, retail establishments, or other businesses. Direct access from Highway 49 North ensures optimal exposure and convenient access for customers and employees. This property offers a unique chance to establish a thriving business in a rapidly expanding market. The asking price is $479,000. Located at 5900 E Johnson Ave, Jonesboro, AR 72401.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Total area 8,000 SF
Lot 0.73 ac (31,799 SF)
APN 01-144013-15900
UPID US05-1401776

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
  • Cinema (Bike/Boat/Book/etc) Store
  • Grocery & Convenience Store Food Market
  • Bank Credit Union

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.05M
Comparable Approach Comparable
$1.06M
Blend (final) Blend
$265k

Owner & transaction history

since 2025
1 recorded transaction
2025
Price N/A

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $940,000 +18.1%
Office building $855,000 +7.5%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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