Office Building with Highway
For Sale
$1,275,000
5296 Highway 1, Jonesboro, AR 72404
Commercial / Industrial, Jonesboro, AR
Property Size12,150 SF
Lot Size3.13 Acres
Price / SF$104.94
Days on Market94
Property Features for 5296 Highway 1
General Information
Property type
Commercial Sale
Property subtype
Office
Parking
212
Directions
Head south on Hwy 1. Property is to the west 3 buildings after the stoplight at Hwy 1 and CR 407.
Subdivision
CRAIGHEAD COUNTY
Standard status
Active
APN
12-134173-01102
Size
12,150 SF
Lot size
3.13 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PT SW SW
Tax Annual Amount
14078
Legal Description
PT SW SW
Building Details
Year built
2018
Floors in Building
1
Listing Agency:
Halsey Real Estate
(870) 972-9191
Listed By:
Taylor Wilson
(870) 926-4588
Added: Jul 20
Changed: Oct 8
Last Checked: Oct 21 at 9:06PM
MLS# 26029443
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 2018, this 12,150-square-foot office building occupies 3.13 acres along Highway 1 South. The property provides an established office layout with ample parking and a configuration suited to a corporate office, call center, training facility, or other large-scale office user. Its design may also support adaptation for office/warehouse use.
The property is positioned just outside the Jonesboro city limits in a commercial and industrial area, with convenient access to Jonesboro. Its highway setting and sizable site provide a practical platform for organizations requiring substantial office space and on-site parking.
The property is positioned just outside the Jonesboro city limits in a commercial and industrial area, with convenient access to Jonesboro. Its highway setting and sizable site provide a practical platform for organizations requiring substantial office space and on-site parking.
Key Highlights
- 12,150‑square‑foot office building constructed in 2018
- 3.13‑acre property along Highway 1 South
- Ample on‑site parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$113,549
Cap Rate
8.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,270,980
$2.3M
Cap Rate 7%
$1,622,129
$1.6M
Cap Rate 9%
$1,261,656
$1.3M
Market Conditions
NOI Build-Up for 12,150 SF
Gross rent
$172.0K $14.16/SF
− Vacancy
−$20.6K −$1.70/SF
EGI
$151.4K $12.46/SF
− OpEx
−$37.8K −$3.12/SF
NOI
$113.5K $9.35/SF
Area
Craighead County, AR
Vacancy
12.00%
Lease Rate
$14.16 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,270,980
Cap Rate 7%
$1,622,129
Cap Rate 9%
$1,261,656
Alternative Uses
Best Use
Office B
$1.62M
$1.42M – $1.89M
NOI $113,549 @ 7.0% cap · market cap 8.91%
Second Best
Flex RnD
$1.05M
$922.3K – $1.23M
NOI $73,782 @ 7.0% cap · market cap 5.79%
Theoretical Best
Office A
$2.13M
$1.86M – $2.48M
NOI $148,900 @ 7.0% cap · market cap 11.68%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
78
Businesses Nearby
Explore this area
Business Placement
Demographics for 72404, AR
29,344
Population
12,518
Households
2.3
Avg Household Size
35
Median Age
34%
College-Educated
93%
High-School Grad
128.0 sq mi
ZIP Area
229
Density / Sq Mi
$67,000
Median Household Income
$40,373
Median Earnings
$938
Median Rent
$236,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Office property with ample parking and direct access along Highway 1 South.
Where is this office building located?
The property is located at 5296 Highway 1 Jonesboro, AR.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: 12,150‑square‑foot office building constructed in 2018; 3.13‑acre property along Highway 1 South; Ample on‑site parking
