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5910 E Johnson Ave - HWY 49 N - Land Along Booming Corridor

1 - 1.3 Acre Commercial Land Lots Offered at $479,000 - $566,280 Per Lot in Jonesboro, AR 72401

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Investment Highlights

1 AC of Commercial Land Between Ridgecrest Health and Rehabilitation Center and Jonesboro’s Eastern Bypass
Near New NEA Baptist Health System
Utilities on Site

Direct Access from Highway 49 North
Additional Acreage Available
Perfect for Commercial Development

Executive Summary

This site is located in one of the busiest areas along the thriving Highway 49 North corridor, between the Ridgecrest Health and Rehabilitation Center and Jonesboro’s soon-to-be-constructed Eastern Bypass. 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.

Property Facts

Price	$479,000 - $1,045,280	Property Subtype	Commercial
Sale Type	Owner User	Proposed Use	Commercial
No. Lots	2	Total Lot Size	2.30 AC
Property Type	Land

Price	$479,000 - $1,045,280
Sale Type	Owner User
No. Lots	2
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial
Total Lot Size	2.30 AC

2 Lots Available

Lot 1 - 5910

Price	$479,000	Lot Size	1.00 AC
Price Per AC	$479,000

Price	$479,000
Price Per AC	$479,000
Lot Size	1.00 AC

The adjoining 1.3 acres is also available for purchase.

Lot 2 - 5900

Price	$566,280	Lot Size	1.30 AC
Price Per AC	$435,600

Price	$566,280
Price Per AC	$435,600
Lot Size	1.30 AC

The adjoining 1.0 acres is also available for purchase.

Description

Located along Interstate 555, Jonesboro is the retail epicenter of Northeast Arkansas. Despite negative trends of other marketplaces nationwide, Jonesboro is one of only 26 cities in the 363 metropolitan statistical areas in the U.S. that has not only recovered jobs lost from the economy' s recent downfall but has added to them! Jonesboro continues to be the primary bastion of growth and investment. Jonesboro has steadily grown over 40% in size since 1990 and is estimated to maintain that same or greater level of growth over the next 20 years. Jonesboro is also the home of the Arkansas State University Red Wolves, which is one of the fastest growing universities in Arkansas and becoming one of the Mid-South' s top institutions. NEA Baptist is getting settled into their $400 million dollar health care facility, the largest health care investment in Arkansas in the last decade.