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    Spacious Office Building For Sale Title is generated by Realmo AI

    5296 Highway 1 S, Jonesboro, AR 72404

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    For Sale
    $1,325,000

    Large commercial building with ample parking on 3+ acres.

    Type:Office
    Property size:
    12,000 SF
    Lot size:
    3.13 Acres
    Price / SF:
    $110/SF
    Added:
    Mar 5, 2026
    Days on Market:
    123
    Last Refresh:
    Apr 5 at 8:41 pm

    Property Features for 5296 Highway 1 S

    General Information

    Standard status
    Active
    Size
    12,000 SF
    Lot size
    3.13 Acres
    Property subtype
    Office

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    Jameson McFadden

    Listing office COLDWELL BANK VILLAGE COMMUNITIES

    Listing date Mar 5, 2026

    Source Cbcworldwide

    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 COLDWELL BANK VILLAGE COMMUNITIES

    HighLights

    • Over 12,000 square feet of office space
    • Ample parking with 180 spaces
    • Sits on 3+ acres, specifically 3.13 acres
    • Commercial building
    • Just outside city limits

    Overview

    This commercial building offers a substantial opportunity with over 12,000 square feet of office space. The property, situated just outside city limits, includes 180 parking spaces and is located on a 3.13-acre lot.

    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 $169.9k $14.16
    − Vacancy −$20.4k −$1.70
    EGI $149.5k $12.46
    − OpEx −$37.4k −$3.12
    NOI $112.1k $9.35
    12,000 SF · lease $14.16/SF/yr · vacancy 12.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.60M
    $1.40M – $1.87M (±1% cap)
    NOI $112,147 @ 7.0% cap · market cap 8.46%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $2.10M
    $1.84M – $2.45M (±1% cap)
    NOI $147,062 @ 7.0% cap · market cap 11.10%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Auto Parts Store Hair Salon Kitchen & Bath Showroom Garden Center Electronics & Wireless Store Law Firm Bakery Cosmetic Store Home Appliance Store Arcade & Gaming Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.6918
    Latitude
    35.7486

    FAQs

    What type of property is this?
    Office building - Large commercial building with ample parking on 3+ acres.
    Where is this office building located?
    The property is located at 5296 Highway 1 S 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 square feet of office space; Ample parking with 180 spaces; Sits on 3+ acres, specifically 3.13 acres
    More about this property
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