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Property profile & analytics

5205 Johnson Ave Jonesboro, AR 72405-8516

  • Banks
  • 1,584 SF
  • 0.48 lot acres
OFF-MARKET
Value Estimation
$465,000
Last Sale
Sep 25, 2023
$425,000
Location Intelligence
Property ID
US05-1052702
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Arvest Bank / Bank / Atm

Property Details for 5205 Johnson Ave

Lot size
0.48 lot acres
Property size
1,584 SF
Property type
Banks
APN
01-144111-05700
APU
114411105700

Description

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.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $550,000
  • CAP approach

    CAP return
    Estimation
    6%
    $415,000
    6.5%
    $380,000
    7%
    $400,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $325,000
    Geo Method
    $435,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $375,000
    Retail
    $370,000
    Mixed-Use
    $435,000
    Hospitality
    $365,000
    Educational
    $405,000
    Residential Income
    $390,000
    Energy
    $415,000
    Income-Based Land
    $335,000
    Food Service
    $385,000

Location Insight

  • Map
  • Local Demand
City
Jonesboro
County
Craighead
State
Arkansas
Longitude
-90.6297
Latitude
35.8639
CBSA code
27860
CBSA name
JONESBORO, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$5,634
$20,909
$96,344
$117,253
-
$104,545
$481,720
$586,265
More about this property
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