5900 Johnson Ave Jonesboro, AR 72401
- Retail space
- 8,000 SF
- 0.73 lot acres
Current Use by Public Records
- Redbox / Movie Rental Kiosk / Dvd Store
- Dollar General / Discount Store / Drug Store
- Western Union / Money Transfer Service
Property Details for 5900 Johnson Ave
- Lot size
- 0.73 lot acres
- Property size
- 8,000 SF
- Property type
- Retail space
- APN
- 01-144013-15900
- APU
- 114401315900
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jonesboro
- County
- Craighead
- State
- Arkansas
- Longitude
- -90.6214
- Latitude
- 35.8647
- CBSA code
- 27860
- CBSA name
- JONESBORO, AR METROPOLITAN STATISTICAL AREA