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3700 E Johnson, Jonesboro, AR

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3700 E Johnson

Jonesboro, AR 72401

Property Type:Land Parcel Size:5.63 Acres
For Sale Price:$3,433,402 Price/Acre:$609,840 Price/SF:$14.00

Proposed Use:-

On-Site Improv:Raw land

Sale Notes:
This large tract is located between the signalized intersections of Highway 49 & Old Greensboro Road and Highway 49 & Airport Road, one of the busiest areas along the thriving Highway 49 North corridor. The property is surrounded by commercial growth. It sits between First National Bank and the new Songbird Development. It is also directly across from Bill's Fresh Market.

The 5.63 acres has approximately 430 feet of highly sought after frontage on Highway 49 North with exposure to over 30,000 cars per day. It has multiple points of access along Highway 49 N but can also be accessed from Hudson Drive. Since the opening of the new NEA Baptist Healthcare System Campus, this area has been booming with growth and real estate is in high demand.
Located along U.S. Highway 63 (soon to be 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. Serving a trade area of over 500,000 people in almost twenty-four counties in Arkansas, Missouri and Tennessee, 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. With a 363,689 primary trade area population, Jonesboro clearly serves more than its 68,000 residents.

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 has opened their $400 million dollar health care facility, the largest health care investment in Arkansas in the last decade.

Haag Brown Commercial
Josh Brown
(870) 336-8000

Greg Haag
(870) 336-8000

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