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    Property profile & analytics

    2303 Parker Rd Jonesboro, AR 72404-7085

    • Strip malls
    • 19,500 SF
    • 2.26 lot acres
    OFF-MARKET
    Value Estimation
    $1,720,000
    Last Sale
    Jun 30, 2022
    $1,868,873
    Location Intelligence
    Property ID
    US05-2217827
    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

    • Christie McNeil Dance Studio / Dance School / Ballet School
    • Abbo’s Clubworks / Golf Shop
    • Steak 'n Shake / Hamburger Restaurant / American Restaurant
    • Bubblee Tea / Bubble Tea Store

    Property Details for 2303 Parker Rd

    Lot size
    2.26 lot acres
    Property size
    19,500 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    01-144332-06310
    APU
    114433206310

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,540,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,945,000
      6.5%
      $2,030,000
      7%
      $1,900,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,865,000
      Geo Method
      $2,060,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,005,000
      Retail
      $1,760,000
      Mixed-Use
      $2,035,000
      Hospitality
      $1,795,000
      Educational
      $2,065,000
      Residential Income
      $2,155,000
      Energy
      $2,175,000
      Income-Based Land
      $2,195,000
      Food Service
      $2,135,000

    Location Insight

    • Map
    • Local Demand
    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.6766
    Latitude
    35.8044
    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
    $22,088
    $56,802
    $404,679
    $461,481
    -
    $284,010
    $2,023,395
    $2,307,405

    Comparable in this City

    • Value Estimation
      $520,000
      10,000 SF

      3306 Shelby Dr

      SHOPPING CENTER, STRIP CENTER • 10,000 SF
      3306 Shelby Dr, Jonesboro, AR 72404-0637
      View Details
    • Value Estimation
      $210,000
      10,928 SF

      1809 Parker Rd

      SHOPPING CENTER, STRIP CENTER • 10,928 SF
      1809 Parker Rd, Jonesboro, AR 72404-8575
      View Details
    • Value Estimation
      $530,000
      3,000 SF

      3229 Caraway Rd

      SHOPPING CENTER, STRIP CENTER • 3,000 SF
      3229 Caraway Rd, Jonesboro, AR 72404-0638
      View Details
    • Value Estimation
      $235,000
      10,622 SF

      3120 Shelby Dr

      SHOPPING CENTER, STRIP CENTER • 10,622 SF
      3120 Shelby Dr, Jonesboro, AR 72404-0635
      View Details
    • Value Estimation by Request
      6,897 SF

      723 Parker Rd

      SHOPPING CENTER, STRIP CENTER • 6,897 SF
      723 Parker Rd, Jonesboro, AR 72404-8302
      View Details
    • Value Estimation
      $90,000
      7,380 SF

      4910 Swsw Dr

      SHOPPING CENTER, STRIP CENTER • 7,380 SF
      4910 Swsw Dr, Jonesboro, AR 72404-9019
      View Details

    Similar Nearby for Sale

    • $285,000
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      Commercial Lot Adjacent to Busy C-Store

      Land • 1.60 Acres
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      Jonesboro Land For Sale

      4.34 acres zoned C-3 LUO at signalized intersection.
      4002 Mount Carmel Rd, Jonesboro, AR 72404
      View Details
    • $1,250,000
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      Jonesboro Commercial Building and Land

      Commercial building with multiple suites and land for sale.
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    • $625,000
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      Jonesboro Mixed-Use Commercial Building

      Versatile commercial building in high-traffic area, suitable for various businesses.
      3104 Prosperity Dr, Jonesboro, AR 72404
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    Similar Nearby for Lease

    • New
      $30 SF/Yr
      1,340 SF

      New Retail Strip Center

      New retail space in growing Southern Hills development, Jonesboro, AR.
      3310 Southwest Dr, Jonesboro, AR 72404
      View Details
    • New
      $30 SF/Yr
      1,340 SF

      New Retail Space in Jonesboro

      New retail strip center in growing mixed-use 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
      $30 SF/Yr
      1,456 SF

      New Retail Space in Jonesboro

      New retail strip center with high visibility and traffic.
      3310 Southwest Dr, Jonesboro, AR 72404
      View Details
    • New
      $30 SF/Yr
      1,456 SF

      New Retail Space in Jonesboro

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

    Property Visit Statistics

    • Visits by month
      12.9k
    • Visitors by month
      8.9k
    • Avg Time on site
      9 min
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    2303 Parker Rd
    Jonesboro, AR 72404-7085
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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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