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5512 E Johnson Ave - HWY 49 N - At Entrance to Ridgecrest Rehab 2 - 2.26 Acre Commercial Land Lots Offered at $473,249 - $1,336,919 CAD Per Lot in Jonesboro, AR 72401
INVESTMENT HIGHLIGHTS
- Located Past the Largest Medical Project in Arkansas in the Last Decade.
- Utilities and Street Infrastructure will be Provided.
- Largest Master-Planned Project in Dynamic Hwy 49 N Sector.
- Frontage on Highway 49 N.
- In Front of New State-of-the-Art Nursing Care Facility.
- Medical or Retail Build to Suit Available.
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $473,249 - $3,003,376 CAD | Property Subtype | Commercial |
| Sale Type | Owner User | Proposed Use | Retail |
| No. Lots | 3 | Total Lot Size | 6.28 AC |
| Property Type | Land | ||
| Zoning | Commercial - Commercial | ||
| Price | $473,249 - $3,003,376 CAD |
| Sale Type | Owner User |
| No. Lots | 3 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Retail |
| Total Lot Size | 6.28 AC |
| Zoning | Commercial - Commercial |
3 LOTS AVAILABLE
Lot 2
| Price | $473,249 CAD | Lot Size | 2.00 AC |
| Price Per AC | $236,624.62 CAD |
| Price | $473,249 CAD |
| Price Per AC | $236,624.62 CAD |
| Lot Size | 2.00 AC |
Lot 3
| Price | $1,193,208 CAD | Lot Size | 2.02 AC |
| Price Per AC | $590,696.91 CAD |
| Price | $1,193,208 CAD |
| Price Per AC | $590,696.91 CAD |
| Lot Size | 2.02 AC |
Lot 4
| Price | $1,336,919 CAD | Lot Size | 2.26 AC |
| Price Per AC | $591,557.10 CAD |
| Price | $1,336,919 CAD |
| Price Per AC | $591,557.10 CAD |
| Lot Size | 2.26 AC |
DESCRIPTION
This site, located just east of the $400MM NEA Baptist Health System, Arkansas' largest medical project within the last decade, is part of the second largest master-planned project in the dynamic Highway 49 North area of Jonesboro. Ridgecrest, a new state-of-the-art nursing home facility, sits on 10 acres of the project while the remaining acreage is committed to commercial development. The site is located in the up and coming Brookland School District which serves approximately 1,960 students in Northeast Arkansas between Jonesboro and Paragould. The district also accepts non-resident students. Due to the economic boom in this area, the Brookland School District is expected to grow rapidly over the next several years.
Presented by
5512 E Johnson Ave - HWY 49 N - At Entrance to Ridgecrest Rehab
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