Former Bank Branch
5205 E Johnson Ave Jonesboro, AR 72405
New
5205 E Johnson Ave, Jonesboro, AR, 72405
Contact for pricing
For Sale
Contact for pricing
Former Arvest Bank branch with strong highway visibility near the NEA Baptist Hospital campus.
Property Size1,584 SF
Price / SF$369.32
Days on Market7
Property Features for 5205 E Johnson Ave
General Information
- Standard status
- Active
- Size
- 1,584 SF
- Property subtype
- RETAIL
Listing agency
Haag Brown Commercial
(870) 336-8000
Listed by
Zac Qualls · License #EB00077644
Source
Moodyscre
Added: Jul 17 Updated: Jul 22 at 8:23PM Checked: Jul 22 at 8:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Haag Brown Commercial
Investment Insights
Based on property information with market context.
The property is a former Arvest Bank branch. It offers curb appeal and is positioned for prominent visibility from Highway 49 North.
Public remarks indicate exposure to over 23,000 cars per day and convenience to the NEA Baptist Hospital campus, with quick access described as within minutes.
The bank deed restriction has expired, providing flexibility for a bank location at Hilltop as noted in the remarks.
Public remarks indicate exposure to over 23,000 cars per day and convenience to the NEA Baptist Hospital campus, with quick access described as within minutes.
The bank deed restriction has expired, providing flexibility for a bank location at Hilltop as noted in the remarks.
Key Highlights
- Former Arvest Bank branch building
- Visibility to Highway 49 North with exposure to over 23,000 cars per day
- Located within minutes of the NEA Baptist Hospital campus
Local Financial Insights For Specialty Retail
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 | $23.8k | $15.00 |
| − Vacancy | −$1.4k | −$0.92 |
| EGI | $22.3k | $14.09 |
| − OpEx | −$5.6k | −$3.52 |
| NOI | $16.7k | $10.56 |
1,584 SF · lease $15.00/SF/yr · vacancy 6.10% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$239.0K
$209.2K – $278.9K
NOI $16,733 @ 7.0% cap · market cap 2.86%
Second Best
Retail
$192.8K
$168.7K – $224.9K
NOI $13,493 @ 7.0% cap · market cap 2.31%
Theoretical Best
Office A
$277.3K
$242.7K – $323.5K
NOI $19,412 @ 7.0% cap · market cap 3.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Arvest Bank
Bank
Similar For Sale Nearby
FAQs
What type of property is this?
Bank - Former Arvest Bank branch with strong highway visibility near the NEA Baptist Hospital campus.
Where is this bank located?
The property is located at 5205 E Johnson Ave Jonesboro, AR.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Former Arvest Bank branch building; Visibility to Highway 49 North with exposure to over 23,000 cars per day; Located within minutes of the NEA Baptist Hospital campus
