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    Property profile & analytics

    111 Highland Dr Jonesboro, AR 72401-5917

    • Drive through restaurants
    • 6,065 SF
    OFF-MARKET
    Value Estimation
    $490,000
    Location Intelligence
    Property ID
    US05-1350556
    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

    • McDonald's / Restaurant / Sandwich Shop

    Property Details for 111 Highland Dr

    Property size
    6,065 SF
    Property type
    Drive through restaurants
    APN
    01-144302-00301
    APU
    114430200301

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.7051
    Latitude
    35.8209
    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
    $9,051
    $0.00
    $214,474
    $214,474
    -
    $0.00
    $1,072,370
    $1,072,370

    Comparable in this City

    • Value Estimation
      $540,000
      3,630 SF

      2925 Red Wolf Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,630 SF
      2925 Red Wolf Blvd, Jonesboro, AR 72401-7429
      View Details
    • Value Estimation
      $200,000
      2,608 SF

      1910 Johnson Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,608 SF
      1910 Johnson Ave, Jonesboro, AR 72401-1303
      View Details
    • Value Estimation
      $365,000
      2,770 SF

      Highland Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,770 SF
      Highland Dr, Jonesboro, AR 72401
      View Details
    • Value Estimation
      $455,000
      3,268 SF

      2104 Caraway Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,268 SF
      2104 Caraway Rd, Jonesboro, AR 72401-6201
      View Details
    • Value Estimation
      $225,000
      2,774 SF

      2304 Caraway Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,774 SF
      2304 Caraway Rd, Jonesboro, AR 72401-6205
      View Details
    • Value Estimation
      $2,110,000
      2,338 SF

      Caraway Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,338 SF
      Caraway Rd, Jonesboro, AR 72401
      View Details

    Similar Nearby for Sale

    • $5,000,000
      14,590 SF

      High-Visibility Retail Asset in Jonesboro

      Freestanding retail building with drive-thru in prime location.
      1330 S Caraway Rd, Jonesboro, AR 72401
      View Details
    • $725,000
      5,000 SF

      Downtown Jonesboro Commercial Building For Sale

      Iconic 5,000 sq ft building with two kitchens on Main Street.
      224 Main St, Jonesboro, AR 72401
      View Details
    • $399,000
      3,335 SF

      Versatile Commercial Space in Jonesboro

      Redevelopment opportunity near downtown Jonesboro with high visibility.
      1024 S Gee St, Jonesboro, AR 72401
      View Details
    • $1,750,000
      6,012 SF

      Turn-Key Restaurant, Bar, and Venue

      6,012 SF restaurant, bar, and live-music venue in Jonesboro.
      313 W Huntington Ave, Jonesboro, AR 72401
      View Details
    • $1,036,728
      2.38 Acres

      I-555 Hotel Development Land

      Jonesboro, AR: Prime 2.38-acre lot.
      3410 Access Rd, Jonesboro, AR 72401
      View Details
    • $750,000
      7,708 SF

      Prime Jonesboro Storefront Opportunity

      High-traffic corner lot, updated storefront.
      316 Johnson Ave, Jonesboro, AR 72401
      View Details

    Similar Nearby for Lease

    • $45 SF/Yr
      8,352 SF

      Jonesboro Retail Redevelopment Opportunity

      High-traffic location, modern retail space.
      2200 Red Wolf Blvd, Jonesboro, AR 72401
      View Details
    • $18 SF/Yr
      45,000 SF

      Sushma Park Retail Space

      Jonesboro, AR Retail Opportunity
      900 Southwest Dr, Jonesboro, AR 72401
      View Details
    • $14 SF/Yr
      4,000 SF

      Retail Space in High-Traffic Area

      Retail and restaurant spaces available in a high-traffic downtown location.
      200 E Johnson Ave, 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
    • $20 SF/Yr
      5,200 SF

      Jonesboro Retail Space Available

      High-traffic retail space, 5,200 sq ft.
      3009 Highland Dr, 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

    Property Visit Statistics

    • Visits by month
      25.7k
    • Visitors by month
      12.9k
    • Avg Time on site
      12 min
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    111 Highland Dr
    Jonesboro, AR 72401-5917
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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
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