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5716-5720 E Johnson Ave - +/- 3.67 AC Along Booming 49 Corridor 3.67 Acres of Commercial Land Offered at $1,150,000 in Jonesboro, AR 72401
Investment Highlights
- Utilities on Site & Zoned for Commercial Use
- Exposure to 25,000 Cars Per Day
- Located in the Rapidly Expanding Brookland School District
- Just East of $400 MM NEA Baptist Healthcare System Campus & The Reserve at NEA
- Close Proximity to The New Hwy 49/I-555 Bypass
Executive Summary
Located at the prominent hard corner of Highway 49 North and Manchester Dr., 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.
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.
Currently zoned C-3, 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.
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.
Currently zoned C-3, 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.
Property Facts
| Price | $1,150,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 3.67 AC |
| Property Type | Land | No. Stories | 2 |
| Zoning | C-3 | ||
| Price | $1,150,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 3.67 AC |
| No. Stories | 2 |
| Zoning | C-3 |
1 Lot Available
Lot
| Price | $1,150,000 | Lot Size | 3.67 AC |
| Price Per AC | $313,351.50 |
| Price | $1,150,000 |
| Price Per AC | $313,351.50 |
| Lot Size | 3.67 AC |
The highly visible property enjoys exposure to 25,000+ CPD, with projections for major 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.
Description
Since the opening of the new $400 MM NEA Baptist Healthcare System Campus, this area has been booming with growth, both commercial and residential, and real estate is in high demand. With exposure to over 22,000 cars per day, utilities already in place and the adjoining lot also available for purchase, this 1 acre property can easily be expanded to accommodate a variety of restaurant, retail, or business users.
1 1
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 01-144024-00600 | Improvements Assessment | $0 |
| Land Assessment | $49,657 | Total Assessment | $49,657 |
Property Taxes
Parcel Number
01-144024-00600
Land Assessment
$49,657
Improvements Assessment
$0
Total Assessment
$49,657
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