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    1821 Parker Rd Jonesboro, AR 72404-8575

    Sponsored
    For Sale
    $4,200,000

    15.93 Acres, Development Potential

    Property size:
    1,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 15.93-acre commercial property, located at 1821 E Parker Road in Jonesboro, Arkansas, presents a unique investment opportunity. Currently operating as an RV park, the site boasts 72 campsites, two residential homes, and an on-site laundry facility, generating immediate income potential. The property's 1,200 square feet of existing structures offer flexibility for continued operation or potential redevelopment. Situated along I-555, this location offers unparalleled visibility and accessibility. Jonesboro's strategic location, 67 miles north of Memphis, Tennessee

    Property Features for 1821 Parker Rd

    General Information

    Property type
    Land
    Square Feet
    1,200 SF
    Lot Size
    693,911 SF

    HighLights

    • 15.93‑acre commercial property in Jonesboro, AR, at 1821 E Parker Road.
    • Currently operating RV park with 72 campsites, two residential homes, and an on‑site laundry facility.
    • 1,200 square feet of existing structures.
    • High visibility and accessibility due to I‑555 frontage.
    • Excellent location, 67 miles north of Memphis, TN.
    Property Profile Location Intelligence

    Current Use by Public Records

    Fletcher Dodge Diesel ... Auto Repair Shop Danny batchelars asphalt ... Asphalt Contractor Lucky Camper & RV ... Campground

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.6840043
    Latitude
    35.8061478

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    FAQs

    What type of property is this?
    Land - 15.93 Acres, Development Potential
    Where is this land located?
    The property is located at 1821 Parker Rd Jonesboro, AR.
    What is the asking price?
    The asking price for this property is $4,200,000.
    What are key features of this property?
    This property features: 15.93-acre commercial property in Jonesboro, AR, at 1821 E Parker Road.; Currently operating RV park with 72 campsites, two residential homes, and an on-site laundry facility.; 1,200 square feet of existing structures.
    Request Owner's contact information
    1821 Parker Rd Jonesboro, AR 72404-8575
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    Jonesboro, AR 72404-8575
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1821 Parker Rd Jonesboro, AR 72404-8575
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