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4828 E Johnson Ave - HWY 49 N - 4.31 AC Adjacent to NEA Baptist

1.44 Acre Commercial Land Lots Offered at $878,170 - $1,066,349 Per Lot in Jonesboro, AR 72401

Investment Highlights

  • 4.31 Acres Available for Retail Development - Can Be Divided into 3 Lots
  • Just West of 20 AC Ridgecrest Development
  • Virtual Extension of The Reserve at NEA Baptist
  • Hard Corner of Hwy 49 and Bridger Road
  • Adjacent to the NEA Baptist Health System Campus and Two Major Medical Projects
  • Exposure to 23,000 Cars Per Day

Property Facts

Price $878,170 - $2,822,689
Sale Type Investment
No. Lots 3
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Medical
Total Lot Size 4.32 AC

3 Lots Available

Lot 1

Price $878,170
Price Per AC $609,840
Lot Size 1.44 AC

62,726 SF @ $14 PSF - Lot Has Frontage on Johnson Avenue and is Closest to NEA Baptist Hospital

Lot 2

Price $878,170
Price Per AC $609,840
Lot Size 1.44 AC

62,726 SF @ $14 PSF - Lot Has Frontage on Johnson Avenue

Lot 3

Price $1,066,349
Price Per AC $740,520
Lot Size 1.44 AC

62,726 SF @ $17 PSF - Corner Lot Has Frontage on Johnson Avenue and Bridger Road

Description

This commercial tract, totaling 4.31 acres, sits at the hard corner of Highway 49 North and Bridger Road and serves as a gateway to two revolutionary medical projects, the Reserve at NEA Baptist and a soon-to-be-announced, 55,000 square foot, multi-million dollar medical facility. Not only that, but the $400MM NEA Baptist Health System Campus, Arkansas’ largest medical project within the last decade, sits just to the west while Ridgecrest Health and Rehabilitation, a 135-bed short and long term care facility designed with the modern conveniences of home, lies to the east. The Reserve at NEA Baptist, a new 11-acre lifestyle focused medical development ties directly into the NEA Baptist Medical System grounds and will be the new home of NEA Baptist Pediatricians, NEA Baptist Dermatology and NEA Baptist Pain Managment. The park features a multi-use walking trail that encompasses the entire project, multiple water features, a lake side pavilion and several greenspace areas. Zoned for C-3 commercial use, this property will be a continuation of the Reserve at NEA Baptist opening up restaurant and retail opportunities at the future signalized corner of Hwy 49 and Bridger. The tract can be broken down into 3 separate lots which have exposure to over 23,000 cars per day and city utilities are available.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-144023-00300
Land Assessment
$125,940
Improvements Assessment
$0
Total Assessment
$125,940

zoning

Zoning Code Commercial
Commercial
  • Listing ID: 8359749

  • Date on Market: 7/27/2017

  • Last Updated:

  • Address: 4828 E Johnson Ave, Jonesboro, AR 72401

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