Jonesboro Warehouse For
For Sale
Contact for pricing
5705 E Nettleton Avenue, Jonesboro, AR 72404
Metal warehouse building with sliding door on .27 acres.
Property Size1,200 SF
Lot Size0.27 Acres
Price / SF$140.83
Days on Market576
Property Features for 5705 E Nettleton Avenue
General Information
Standard status
Active
Size
1,200 SF
Lot size
0.27 Acres
Property subtype
Industrial
Listing Agency:
CENTURY 21 PORTFOLIO
(870) 930-4308
Listed By:
Angela Staton · License #AR
Source:
Crexi
Added: Jan 23, 2025
Changed: Aug 8
Last Checked: Aug 21 at 2:16PM
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 CENTURY 21 PORTFOLIO
Investment Insights
Based on property information with market context.
This warehouse property is located in Jonesboro, Arkansas, situated just off the bypass at Loves. The metal warehouse building is positioned on a 0.27-acre lot and features a sliding door. The property encompasses a total area of 1200 square feet. It is plumbed for a bathroom and offers an open warehouse layout, presenting various possibilities for potential use.
Key Highlights
- Excellent location just off the bypass
- Metal warehouse building
- .27 acres
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$5,823
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.45%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$116,460
$116.5K
Cap Rate 7%
$83,186
$83.2K
Cap Rate 9%
$64,700
$64.7K
Market Conditions
NOI Build-Up for 1,200 SF
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.
Gross rent
$7.2K $6.00/SF
− Vacancy
−$349 −$0.29/SF
EGI
$6.9K $5.71/SF
− OpEx
−$1.0K −$0.86/SF
NOI
$5.8K $4.85/SF
Area
Craighead County, AR
Vacancy
4.85%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$116,460
Cap Rate 7%
$83,186
Cap Rate 9%
$64,700
Alternative Uses
Best Use
Warehouse
$83.2K
$72.8K – $97.1K
NOI $5,823 @ 7.0% cap · market cap 3.45%
Second Best
Industrial
$68.5K
$60.0K – $79.9K
NOI $4,796 @ 7.0% cap · market cap 2.84%
Theoretical Best
Office A
$210.1K
$183.8K – $245.1K
NOI $14,706 @ 7.0% cap · market cap 8.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
Well-served
Demand for This Use
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 Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Metal warehouse building with sliding door on .27 acres.
Where is this warehouse located?
The property is located at 5705 E Nettleton Avenue Jonesboro, AR.
What is the asking price?
The asking price for this property is $169,000.
What are key features of this property?
This property features: Excellent location just off the bypass; Metal warehouse building; .27 acres
