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    OFF-MARKET
    Land

    0 Parker Rd, Jonesboro, AR 72401

    0.45 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.45-acre commercial lot is situated in Jonesboro, Arkansas, along Interstate 555 at Parker Rd, zip code 72401 (APN: 01-144332-05900). Priced at $320,000 ($16.32/sq ft), this property offers unparalleled visibility and accessibility. Located within Jonesboro's thriving entertainment district, it benefits from proximity to high-performing restaurants including O'Charley's, Colton's, Kandela, Wendy's, and Steak N' Shake, collectively generating over $10 million in annual sales. The lot is the last remaining out-parcel adjacent to the Malco Hollywood Theater, a significant regional attraction. The area also boasts recent additions like Hijinx Family Entertainment Center (expanded recently to include a foam factory, lasertron arena, rope course, and more), Ultimate Air trampoline park, and Lockdown escape room. This prime location ensures high traffic counts, with an estimated 41,500 cars passing daily. The property's proximity to the interstate qualifies it for a highway sign up to 100 feet in height, maximizing exposure. This makes it an exceptional opportunity for a small restaurant or retailer seeking high visibility and convenient access. The permitted zoning is commercial, making it suitable for a variety of uses.

    Property profile
    Verified
    Property type Land
    Lot 0.45 ac (19,602 SF)
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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