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    Mixed-Use Commercial Building Title is generated by Realmo AI

    5296 Highway 1, Jonesboro, AR 72404

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    For Sale
    $1,325,000

    Mixed Use - Jonesboro, AR

    Type:Mixed Use
    Property size:
    12,150 SF
    Lot size:
    3.13 Acres
    Price / SF:
    $109/SF
    Added:
    Feb 9, 2026
    Days on Market:
    138
    Last Refresh:
    Jun 27 at 4:06 pm

    Property Features for 5296 Highway 1

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Parking
    180
    Standard status
    Active
    APN
    12-134173-01102
    Size
    12,150 SF
    Lot size
    3.13 Acres

    Taxes and HOA fees

    Tax Annual Amount
    2021

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Architectural style
    Other

    We can help!

    Contact an agent
    Jameson McFadden

    Listing agent Jameson McFadden License #00081489

    Listing office Coldwell Banker Village Communities Inc 2704 S Culberhouse #a, Jonesboro, AR

    Listing date Feb 9, 2026

    MLS# 10127583 Listing URL

    Copyright © 2026 Northeast Arkansas Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Over 12,000 sq ft of office space
    • 180 parking spots available
    • Sits on 3+ acres
    • Commercial building
    • Outside city limits
    • Central air cooling

    Overview

    This mixed-use commercial building offers over 12,000 square feet of office space designed for an owner-operator or investor looking to control a larger footprint. The property includes 180 parking spaces and sits on 3.13 acres, giving tenants and visitors room to park onsite.

    Located at 5296 Highway 1 in Jonesboro, Arkansas, the building is positioned just outside city limits. The Highway 1 address provides straightforward access for daily operations and customer or employee parking.

    For a buyer or tenant considering an office use, the combination of substantial office area, significant onsite parking, and dedicated acreage can support office departments, professional services, or administrative operations that benefit from convenient parking and space. Prospective users should evaluate the layout and condition of the office areas as well as how the parking and land area can be utilized for their specific needs.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $172.0k $14.16
    − Vacancy −$20.6k −$1.70
    EGI $151.4k $12.46
    − OpEx −$37.8k −$3.12
    NOI $113.5k $9.35
    12,150 SF · lease $14.16/SF/yr · vacancy 12.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.62M
    $1.42M – $1.89M (±1% cap)
    NOI $113,549 @ 7.0% cap · market cap 8.57%
    Second Best
    Mixed Use
    $1.32M
    $1.15M – $1.54M (±1% cap)
    NOI $92,219 @ 7.0% cap · market cap 6.96%
    Theoretical Best
    Office A
    $2.13M
    $1.86M – $2.48M (±1% cap)
    NOI $148,900 @ 7.0% cap · market cap 11.24%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Law Firm Building Supply Hair Salon Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Gym & Fitness Center Kitchen & Bath Showroom Department Store Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.691806
    Latitude
    35.748644

    FAQs

    What type of property is this?
    Mixed-use property - Large office-heavy mixed-use building with ample on-site parking and acreage just outside city limits.
    Where is this mixed-use property located?
    The property is located at 5296 Highway 1 Jonesboro, AR.
    What is the asking price?
    The asking price for this property is $1,325,000.
    What are key features of this property?
    This property features: Over 12,000 sq ft of office space; 180 parking spots available; Sits on 3+ acres
    More about this property
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