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    Property profile & analytics

    123 Drew Ave Monette, AR 72447-9297

    • Turn key restaurants
    • 1,820 SF
    • 0.40 lot acres
    OFF-MARKET
    Value Estimation
    $140,000
    Last Sale
    Apr 09, 2021
    $137,000
    Location Intelligence
    Property ID
    US05-1107406
    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

    • Subway / Sandwich Shop / Caterer

    Property Details for 123 Drew Ave

    Lot size
    0.40 lot acres
    Property size
    1,820 SF
    Property type
    Turn key restaurants
    APN
    06-157342-00601
    APU
    615734200601

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Monette
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.34
    Latitude
    35.89
    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
    $1,180
    $4,000
    $23,502
    $27,502
    -
    $20,000
    $117,510
    $137,510

    Comparable in this City

    • Value Estimation by Request
      1,750 SF

      213 Drew

      RESTAURANT • 1,750 SF
      213 Drew, Monette, AR 72447
      View Details
    • Value Estimation
      $70,000
      1,380 SF

      100 Drew Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,380 SF
      100 Drew Ave, Monette, AR 72447-9297
      View Details
    • Value Estimation by Request
      6,771 SF

      Drew

      DRUG STORE, PHARMACY • 6,771 SF
      Drew, Monette, AR 72447
      View Details
    • Value Estimation by Request
      3,641 SF

      Drew

      RETAIL STORES (PERSONAL SERVICES) • 3,641 SF
      Drew, Monette, AR 72447
      View Details
    • Value Estimation by Request
      1,950 SF

      119 Edmonds St

      AUTO REPAIR, GARAGE • 1,950 SF
      119 Edmonds St, Monette, AR 72447
      View Details
    • Value Estimation
      $165,000
      1,372 SF

      101 Drew

      AUTO REPAIR, GARAGE • 1,372 SF
      101 Drew, Monette, AR 72447
      View Details

    Similar Nearby for Sale

    • $73,125
      10.00 Acres

      Monette, AR Commercial Land Opportunity

      10-Acre Commercial Lot, Prime Location
      200 Edmonds St, Monette, AR 72447
      View Details
    • Contact for pricing
      3,510 SF

      Monette, AR Commercial Land

      Two Commercial Buildings, 3510 SF
      213 Drew Ave, Monette, AR 72447
      View Details
    • Contact for pricing
      22,500 SF

      Monette Warehouse: Prime Business Space

      Large warehouse, ideal location, competitive lease.
      200 Edmonds St, Monette, AR 72447
      View Details
    • Contact for pricing
      22,500 SF

      Versatile Warehouse in Monette, AR

      Warehouse at the north entrance of Monette's business district.
      200 N Edmonds St St, Monette, AR 72447
      View Details
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    123 Drew Ave
    Monette, AR 72447-9297
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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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