Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    4818 Highland Dr Jonesboro, AR 72401

    • Office buildings
    • 1,264 SF
    • 1.30 lot acres
    For Sale
    View listing
    $625,000
    Value Estimation
    Last Sale
    Dec 31, 2020
    $550,000
    Location Intelligence
    Property ID
    US05-1029330
    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

    • Office buildings

    Property Details for 4818 Highland Dr

    Lot size
    1.30 lot acres
    Property size
    1,264 SF
    Property type
    Office buildings
    APN
    01-144233-18700
    APU
    114423318700

    Description

    This exceptional commercial property, located at 4818 E Highland Dr, Jonesboro, AR 72401, presents a unique investment opportunity. The 1,250 square foot building sits on a 1.29-acre lot in Jonesboro's thriving Industrial Trade Region, boasting 275 feet of road frontage and high visibility to 16,000 cars per day. Currently vacant, the single-story structure was previously used as a bank, featuring four covered drive-thru lanes. The property is zoned C-3, offering flexibility for various uses, whether maintaining its current configuration or undertaking redevelopment. Its prime location on a main highway ensures easy access and excellent exposure, benefiting from the proximity to established businesses like Hytrol, Kum & Go, and Swanner Furniture, as well as major retailers such as JCPenney, Dillard's, and Target. The area enjoys steady growth and benefits from the city's commitment to infrastructure improvements. The asking price is $625,000. This property offers a compelling opportunity to establish a strong commercial presence in a dynamic and supportive environment. The APN is 01-144233-18700.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $585,000

    • CAP approach

      CAP return
      Estimation
      6%
      $455,000
      6.5%
      $495,000
      7%
      $455,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $480,000
      Geo Method
      $555,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $460,000
      Retail
      $470,000
      Mixed-Use
      $500,000
      Hospitality
      $470,000
      Educational
      $410,000
      Residential Income
      $495,000
      Energy
      $470,000
      Income-Based Land
      $435,000
      Food Service
      $510,000

    Location Insight

    • Map
    • Local Demand
    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.6367
    Latitude
    35.8214
    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
    $2,153
    $45,302
    $29,692
    $74,994
    -
    $226,510
    $148,460
    $374,970

    Comparable in this City

    • Value Estimation by Request
      1,092 SF

      1801 Executive Sq

      OFFICE BUILDING • 1,092 SF
      1801 Executive Sq, Jonesboro, AR 72401-6086
      View Details
    • Value Estimation by Request
      1,800 SF

      641 Burke Ave

      OFFICE BUILDING • 1,800 SF
      641 Burke Ave, Jonesboro, AR 72401-2708
      View Details
    • Value Estimation by Request
      3,053 SF

      250 County Rd 744

      OFFICE BUILDING • 3,053 SF
      250 County Rd 744, Jonesboro, AR 72401-0540
      View Details
    • Value Estimation by Request
      3,948 SF

      3212 Van Ave

      OFFICE BUILDING • 3,948 SF
      3212 Van Ave, Jonesboro, AR 72401-5420
      View Details
    • Value Estimation by Request
      3,850 SF

      915 Main St

      OFFICE BUILDING • 3,850 SF
      915 Main St, Jonesboro, AR 72401-3521
      View Details
    • Value Estimation by Request
      1,892 SF

      2900 Matthews Ave

      OFFICE BUILDING • 1,892 SF
      2900 Matthews Ave, Jonesboro, AR 72401-4426
      View Details

    Similar Nearby for Sale

    • $6,235,000
      55,639 SF

      Jonesboro Office Building For Sale

      Fully occupied office building with ample parking and highway access.
      2400 E Highland Dr, Jonesboro, AR 72401
      View Details
    • $295,000
      0.10 Acres

      Remodeled Office Building in Jonesboro

      Newly remodeled office building suitable for owner-occupancy or investment.
      1201 Nettleton Cir, Jonesboro, AR 72401
      View Details
    • $1,895,000
      7,631 SF

      Renovated Office Building For Sale

      Turnkey office property in Jonesboro, suitable for owner-user or investor.
      2920 Longview Dr, Jonesboro, AR 72401
      View Details
    • $3,100,000
      4.23 Acres

      Jonesboro Office Building on Acreage

      Office building with land for development near Mall at Turtle Creek.
      3201 E Highland Dr, Jonesboro, AR 72401
      View Details
    • $350,000
      2,350 SF

      Downtown Jonesboro Office Building

      2,300 SF office building in the heart of Jonesboro.
      404 S Main St, Jonesboro, AR 72401
      View Details
    • $3,100,000
      4.23 Acres

      Jonesboro Land and Office Building

      4.23 acres including office building and land for development.
      3201 E Highland Dr, Jonesboro, AR 72401
      View Details

    Similar Nearby for Lease

    • $3,000 /Mo
      2,700 SF

      Professional Office Space in Jonesboro

      2,700 SF office space with recent upgrades and ample parking.
      1707 Stone St, Jonesboro, AR 72401
      View Details
    • $2,500 /Mo
      800 SF

      Jonesboro Commercial Property For Lease

      Versatile commercial property suitable for various business purposes.
      1202 Falls St, Jonesboro, AR 72401
      View Details
    • $24 SF/Yr
      7,631 SF

      Professionally Finished Office Property

      Move-in-ready office space in Jonesboro, renovated in 2021.
      2920 Longview Dr, Jonesboro, AR 72401
      View Details
    • $40 SF/Yr
      7,020 SF

      Jonesboro Retail Center Opportunity

      7,020 SF Retail/Office Space Available
      2701 Parkwood Rd, Jonesboro, AR 72401
      View Details
    • $216 SF/Yr
      10,700 SF

      Hilltop Office/Retail Space in Jonesboro

      Prime Jonesboro location, 3,600 sq ft available.
      3701 Johnson Ave, Jonesboro, AR 72401
      View Details
    • $22 SF/Yr
      6,000 SF

      Office Space in Medical Corridor

      Professional office space for lease in Jonesboro's medical corridor.
      1107 E Matthews Ave, Jonesboro, AR 72401
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4818 Highland Dr
    Jonesboro, AR 72401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.