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    Property profile & analytics

    1207 Parker Rd Jonesboro, AR 72404-8466

    • Drive through restaurants
    • 3,040 SF
    • 1.07 lot acres
    OFF-MARKET
    Value Estimation
    $425,000
    Location Intelligence
    Property ID
    US05-1160914
    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

    • Rodeo Mexican Grill / Mexican Restaurant

    Property Details for 1207 Parker Rd

    Lot size
    1.07 lot acres
    Property size
    3,040 SF
    Property type
    Drive through restaurants
    APN
    01-143253-01200
    APU
    114325301200

    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
    -90.723
    Latitude
    35.8074
    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
    $6,570
    $93,218
    $80,600
    $173,818
    -
    $466,090
    $403,000
    $869,090

    Comparable in this City

    • Value Estimation
      $820,000
      3,105 SF

      2307 Parker Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,105 SF
      2307 Parker Rd, Jonesboro, AR 72404-8493
      View Details
    • Value Estimation
      $385,000
      2,774 SF

      4229 Stadium Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,774 SF
      4229 Stadium Blvd, Jonesboro, AR 72404-9384
      View Details
    • Value Estimation
      $445,000
      1,902 SF

      715 Parker Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,902 SF
      715 Parker Rd, Jonesboro, AR 72404-8302
      View Details
    • Value Estimation
      $865,000
      3,066 SF

      3102 Swsw Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,066 SF
      3102 Swsw Dr, Jonesboro, AR 72404-8404
      View Details
    • Value Estimation
      $185,000
      3,152 SF

      2308 Parker Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,152 SF
      2308 Parker Rd, Jonesboro, AR 72404-8849
      View Details
    • Value Estimation
      $140,000
      1,219 SF

      3105 Swsw Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,219 SF
      3105 Swsw Dr, Jonesboro, AR 72404-8404
      View Details

    Similar Nearby for Sale

    • $1,350,000
      4.34 Acres

      Jonesboro Land For Sale

      4.34 acres zoned C-3 LUO at signalized intersection.
      4002 Mount Carmel Rd, Jonesboro, AR 72404
      View Details
    • $599,000
      3.70 Acres

      Commercial Lot on High-Traffic Highway

      Development-ready commercial lot with high traffic for various businesses.
      6501 Stadium Blvd, Jonesboro, AR 72404
      View Details
    • $625,000
      4,909 SF

      Jonesboro Mixed-Use Commercial Building

      Versatile commercial building in high-traffic area, suitable for various businesses.
      3104 Prosperity Dr, Jonesboro, AR 72404
      View Details
    • $1,250,000
      6,912 SF

      Jonesboro Commercial Building and Land

      Commercial building with multiple suites and land for sale.
      3009 Turman Dr, Jonesboro, AR 72404
      View Details
    • $264,900
      966 SF

      Commercial Property on Red Wolf

      High-traffic commercial property with brick building on almost an acre.
      3003 Colony Dr, Jonesboro, AR 72404
      View Details
    • $999,000
      1.63 Acres

      Jonesboro Commercial Land Out-pad

      High-traffic corner lot, ideal for fast food.
      4225 Stadium Blvd, Jonesboro, AR 72404
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      33,000 SF

      Jonesboro Retail/Office Space

      Prime Jonesboro location, multiple suites available
      5510 Southwest Dr, Jonesboro, AR 72404
      View Details
    • $15 SF/Yr
      43,720 SF

      The Shops at Parker: Jonesboro, AR

      Class A Retail/Office Space Available
      3106 Southwest Dr, Jonesboro, AR 72404
      View Details
    • $30 SF/Yr
      1,462 SF

      New Retail Strip Center

      New retail space in growing Southern Hills development, Jonesboro, AR.
      3310 Southwest Dr, Jonesboro, AR 72404
      View Details
    • New
      $3,500 /Mo
      1,162 SF

      New Retail Space in Jonesboro

      New retail space for lease in growing Jonesboro development.
      3310 Southwest Dr, Jonesboro, AR 72404
      View Details
    • $3,500 /Mo
      1,162 SF

      Retail Space in Growing Development

      New retail space in high-traffic Jonesboro location, ideal for businesses.
      3310 Southwest Dr, Jonesboro, AR 72404
      View Details
    • New
      $25 SF/Yr
      1,462 SF

      New Retail Space in Jonesboro

      New retail strip center in growing Southern Hills development.
      3310 Southwest Dr, Jonesboro, AR 72404
      View Details

    Property Visit Statistics

    • Visits by month
      21.0k
    • Visitors by month
      11.7k
    • Avg Time on site
      6 min
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    1207 Parker Rd
    Jonesboro, AR 72404-8466
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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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