0 Parker Rd, Jonesboro, AR 72401
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.