5650 Johnson ave
Jonesboro, AR 72405
Large Dev. Site at Hard Corner Along Hwy 49 · Land For Sale · 10.43 AC

Located at the prominent hard corner of Highway 49 North and Greenway Lane, this exceptional property presents an unparalleled opportunity in Jonesboro's rapidly developing commercial landscape. Situated just east of the $400 million NEA Baptist Healthcare System Campus and The Reserve at NEA, an 11-acre lifestyle focused medical park, this site is strategically positioned for significant growth and development. The highly visible property enjoys exposure to over 25,000 vehicles per day, with projections for significant increases due to the new Eastern Bypass integration. The bypass, set to connect Highway 49 with I-555, will further enhance traffic flow and accessibility. Situated within the up-and-coming Brookland School District, the property is adjacent to the Ridgecrest Development, home of the 64,795 SF Ridgecrest Health and Rehabilitation Center, and is only 3 miles from Arkansas State University. Its proximity to major institutions and recent national franchises, such as Jersey Mikes, Dollar Tree, and Dunkin’, underscores the versatile site's potential as a prime location for major retail development. Previously purchased for a 16-screen University Cinema Movie Theater, the 10.43 acre site has undergone $2 million in preparatory work. This includes ground leveling, excess dirt removal, utility relocation, water drainage installation, parking lot preparation, and light pole installation - making it development ready with substantial potential for high-profile projects. Currently zoned C-3 LUO, the site is suited for a wide range of commercial uses including restaurants, retail, medical offices, or hospitality ventures - offering a rare and valuable opportunity for investors and developers looking to capitalize on Jonesboro’s most promising medical and retail corridor.