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    Property profile & analytics
    FOR SALE
    Retail space

    5900 E Johnson Ave, Jonesboro, AR 72401

    8,000 SF 0.73 ac lot
    Entity Owned ~ Est. High Equity
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Redbox Cinema (Bike/Boat/Book/etc) Store
    • Dollar General Grocery & Convenience Store Food Market
    • Western Union 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
    $920k
    Owner & transaction history
    Astain Property LLC
    Astain Property LLC
    since 2025
    1 recorded transaction
    2025
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Neighborhood: shopping center $940,000 +18.1%
    Office building $855,000 +7.5%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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