5650 Johnson Ave Jonesboro, AR 72401

This exceptional 10.43-acre commercial land parcel in Jonesboro, Arkansas, presents a unique investment opportunity. Located at the hard corner of Highway 49 North and Greenway Lane, this site boasts unparalleled visibility, with exposure to over 25,000 vehicles daily, a number projected to increase significantly with the completion of the new Eastern Bypass connecting Highway 49 to I-555. The property is strategically positioned near the $400 million NEA Baptist Healthcare System Campus and The Reserve at NEA, an 11-acre medical park, placing it within Jonesboro's rapidly expanding medical corridor. Its proximity to Arkansas State University (3 miles) and recent national franchise establishments like Jersey Mike's, Dollar Tree, and Dunkin' further underscores its potential. The site, zoned C-3 LUO, is suitable for a wide range of commercial uses, including restaurants, retail, medical offices, or hospitality ventures. Previously slated for a 16-screen movie theater, the property has already undergone $2 million in preparatory work, including ground leveling, utility relocation, water drainage installation, and parking lot preparation. This development-ready site is situated within the Brookland School District and adjacent to the Ridgecrest Development, home to the Ridgecrest Health and Rehabilitation Center. The asking price is $3,500,000, with a land value of $7.70 per square foot. The property's APN numbers are 01-144024-00800, 01-144024-00801, 01-144024-00802, 01-144024-01000, and 01-144024-02600. The address is 5650 E Johnson Ave, Jonesboro, AR 72401.