Office Building with Ample
For Sale
$1,275,000
5296 Highway 1 S, Jonesboro, AR 72404
Well-appointed office layout with ample parking and convenient access to Jonesboro along Highway 1 South.
Property Size12,150 SF
Price / SF$104.94
Days on Market11
Property Features for 5296 Highway 1 S
General Information
Standard status
Active
Size
12,150 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
Halsey Real Estate
(870) 926-4588
Listed By:
Taylor Wilson · License #00086756
(870) 926-4588
Source:
Exprealty
Added: Jul 20
Changed: Jul 30
Last Checked: Jul 30 at 6:39AM
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 Halsey Real Estate
Investment Insights
Based on property information with market context.
This office building features a well-appointed office layout and ample parking for staff and visitors. With a total size of 12,150 SF, the space is positioned to serve office-based operations such as a corporate office, call center, training facility, or other large-scale office user.
Located along Highway 1 South just outside the city limits, the property sits within an established commercial and industrial area. Convenient access to Jonesboro supports everyday commute and customer travel.
The building also offers potential for adaptation to an office/warehouse operation, providing flexibility for users seeking a combination of office space with warehouse-style functionality.
Located along Highway 1 South just outside the city limits, the property sits within an established commercial and industrial area. Convenient access to Jonesboro supports everyday commute and customer travel.
The building also offers potential for adaptation to an office/warehouse operation, providing flexibility for users seeking a combination of office space with warehouse-style functionality.
Key Highlights
- 12,150 SF office building
- Located along Highway 1 South
- Ample on‑site parking
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
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.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
95
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Well-appointed office layout with ample parking and convenient access to Jonesboro along Highway 1 South.
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 $1,275,000.
What are key features of this property?
This property features: 12,150 SF office building; Located along Highway 1 South; Ample on‑site parking
