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Property profile & analytics
OFF-MARKET
Banks

5205 Johnson Ave Jonesboro, AR 72405-8516

1,584 SF 0.48 ac lot
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US05-1052702
Property summary
AI-generated overview

This exceptional 1,584 square foot building, formerly an Arvest Bank branch, presents a unique opportunity in Jonesboro, Arkansas's desirable Hilltop area. Located on a 0.51-acre corner lot at 5205 E. Johnson Ave. and Oriole Dr., this Class B property boasts excellent curb appeal and high visibility, benefiting from approximately 23,000 cars passing daily. The single-tenant space features a spacious layout including several interior offices, a lobby/reception area, a large open work area, and a restroom. Zoned C-4 LUO, this versatile property is ideal for a variety of uses, including traditional office space, medical offices, or even a banking facility. The building's existing infrastructure provides a solid foundation for a seamless transition to your desired configuration. Its prime location and high traffic count make it an attractive option for businesses seeking strong visibility and accessibility. The property's APN is 01-144111-05700. This is a rare opportunity to acquire a well-situated commercial property in a thriving area of Jonesboro. The entire 1,584 square feet is currently vacant and ready for immediate occupancy.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Total area 1,584 SF
Lot 0.48 ac (20,908 SF)
APN 01-144111-05700
UPID US05-1052702
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Arvest Bank Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
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by Request
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Sai Real Estate LLC · 2 yrs held
Sai Real Estate LLC
since 2023
Last sale
$425,000
5 recorded transactions
2023
$425,000
2011
$300,000
2008
$300,000
2005
Price N/A
2005
$69,954
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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