Auto Shop with Service
For Sale
$600,000
2901 E Parker Road, Jonesboro, AR 72404
Commercial / Industrial, Jonesboro, AR
Property Size2,016 SF
Lot Size0.65 Acres
Price / SF$297.62
Days on Market161
Property Features for 2901 E Parker Road
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Metes & Bounds
Directions
Located on E Parker Rd in Jonesboro
Standard status
Active
Size
2,016 SF
Lot size
0.65 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
M F L CORPORATION REPLAT PART
Tax Annual Amount
4076
Legal Description
M F L CORPORATION REPLAT PART
Building Details
Year built
1998
Floors in Building
1
Roof type
Metal
Listing Agency:
Halsey Real Estate
(870) 972-9191
Listed By:
Taylor Wilson · License #00086756
(870) 926-4588
Added: Apr 28
Changed: Oct 5
Last Checked: Oct 5 at 3:06PM
MLS# 26016938
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,016-square-foot auto shop was built in 1998 and has existing service bays. The building previously operated as a quick-lube and has a metal roof. Its C-3 zoning supports the stated potential for automotive service, retail, or specialty use.
The 0.65-acre site is paved, with parking and circulation areas. It is located just off I-555 in a commercial corridor described as having national retailers and auto dealerships nearby.
The 0.65-acre site is paved, with parking and circulation areas. It is located just off I-555 in a commercial corridor described as having national retailers and auto dealerships nearby.
Key Highlights
- 2,016‑square‑foot building with existing service bays
- 0.65‑acre paved site with parking and circulation areas
- C‑3 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,174
Cap Rate
2.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$343,480
$343.5K
Cap Rate 7%
$245,343
$245.3K
Cap Rate 9%
$190,822
$190.8K
Market Conditions
NOI Build-Up for 2,016 SF
Gross rent
$26.1K $12.96/SF
− Vacancy
−$1.6K −$0.79/SF
EGI
$24.5K $12.17/SF
− OpEx
−$7.4K −$3.65/SF
NOI
$17.2K $8.52/SF
Area
Craighead County, AR
Vacancy
6.10%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$343,480
Cap Rate 7%
$245,343
Cap Rate 9%
$190,822
Alternative Uses
Best Use
Retail
$245.3K
$214.7K – $286.2K
NOI $17,174 @ 7.0% cap · market cap 2.86%
Second Best
Industrial
$115.1K
$100.7K – $134.3K
NOI $8,057 @ 7.0% cap · market cap 1.34%
Theoretical Best
Office A
$352.9K
$308.8K – $411.8K
NOI $24,706 @ 7.0% cap · market cap 4.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
635
Businesses Nearby
230k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 68%
Shops & Services 26%
Hotels & Casinos 6%
Home Improvements & Furnishings 1%
Cracker Barrel Old Country Store
Dining
32,501 visits/mo
0.3 miles
Casey's General Store
Shops & Services
20,506 visits/mo
0.4 miles
LongHorn Steakhouse
Dining
20,397 visits/mo
0.5 miles
Kum & Go
Shops & Services
19,267 visits/mo
0.2 miles
Zaxby's Chicken Fingers & Buffalo Wings
Dining
15,435 visits/mo
0.4 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Davis Automotive & Fleet Services — 3106 Fox Rd, Jonesboro, AR 72404
- Cavenaugh Kia — 3315 Stadium Blvd, Jonesboro, AR 72404
- Central Toyota Service Department — 3305 Stadium Blvd, Jonesboro, AR 72404
- Bosche's Auto Service — 3013 Peabody Dr, Jonesboro, AR 72404
- Macks Garage — Jonesboro, AR 72404
Frequently Asked Questions
What type of property is this?
Auto shop - C-3 zoning and an existing automotive layout support service use or conversion to retail or specialty space.
Where is this auto shop located?
The property is located at 2901 E Parker Road Jonesboro, AR.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 2,016‑square‑foot building with existing service bays; 0.65‑acre paved site with parking and circulation areas; C‑3 zoning
