5209 Johnson AveJonesboro, AR 72401
- Commercial land
- 1,641 SF
Property Details for 5209 Johnson Ave
- Lot size
- 2.28 AC
- Property size (Sq ft)
- 1,641 SF
- Property type
- Commercial land
- APN
- 01-144111-01300
- APU
- 114411101300
Description
This exceptional 2.28-acre commercial land parcel is ideally situated on East Johnson Avenue (Highway 49 North) in Jonesboro, Arkansas. Boasting excellent visibility and high traffic counts (approximately 23,000 cars per day), this property presents a remarkable investment opportunity. Located in one of Jonesboro's fastest-growing areas, the site benefits from its proximity to a major healthcare campus (Nea Baptist Healthcare), numerous established businesses (including Arvest Bank, First Security Bank, AutoZone, and various restaurants), and a new Ridgecrest Nursing Center. The property's commercial zoning allows for a wide range of development possibilities, further enhanced by its location directly across from a proposed new movie theater. The parcel's size and prime location make it highly attractive for retail development, capitalizing on the area's significant growth and high demand for commercial land. The APN is 01-144111-01300. The asking price is $1,191,804.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $429,343
- Hospitality
- $393,276
- Educational
- $327,201
- Medical
- $338,454
- Retail
- $508,979
Location Insight
- City
- Jonesboro
- County
- Craighead
- State
- Arkansas
- Latitude
- 35.8637
- Longitude
- -90.629
- CBSA code
- 27860
- CBSA name
- JONESBORO, AR METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
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