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    Property profile & analytics

    2305 Caraway Rd Jonesboro, AR 72401-6206

    • Turn key restaurants
    • 13,900 SF
    • 1.82 lot acres
    OFF-MARKET
    Value Estimation
    $4,885,000
    Last Sale
    Sep 03, 2025
    $5,500,000
    Location Intelligence
    Property ID
    US05-0568632
    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

    • Dmn Market Place / Gas Station
    • The Southern Chef # 2 / Restaurant
    • VP PowerWash Car Wash / Car Wash
    • LibertyX Bitcoin ATM / Atm

    Property Details for 2305 Caraway Rd

    Lot size
    1.82 lot acres
    Property size
    13,900 SF
    Property type
    Turn key restaurants
    APN
    01-144291-03500
    APU
    114429103500

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,535,000

    • CAP approach

      CAP return
      Estimation
      6%
      $5,355,000
      6.5%
      $5,880,000
      7%
      $6,180,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,585,000
      Geo Method
      $4,855,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,920,000
      Retail
      $4,845,000
      Mixed-Use
      $4,715,000
      Hospitality
      $6,035,000
      Educational
      $5,690,000
      Residential Income
      $5,695,000
      Energy
      $6,200,000
      Income-Based Land
      $5,575,000
      Food Service
      $4,735,000

    Location Insight

    • Map
    • Local Demand
    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.6788
    Latitude
    35.8165
    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
    $25,302
    $214,053
    $385,518
    $599,571
    -
    $1,070,265
    $1,927,590
    $2,997,855

    Comparable in this City

    • Value Estimation by Request
      8,784 SF

      305 Main St Sta, Unit A

      RESTAURANT • 8,784 SF
      305 Main St Sta, Jonesboro, AR 72401-2910
      View Details
    • Value Estimation by Request
      2,000 SF

      200 Word Ave

      RESTAURANT • 2,000 SF
      200 Word Ave, Jonesboro, AR 72401-2060
      View Details
    • Value Estimation
      $530,000
      300 SF

      2916 Caraway Rd

      RESTAURANT • 300 SF
      2916 Caraway Rd, Jonesboro, AR 72401-7306
      View Details
    • Value Estimation
      $395,000
      3,170 SF

      1851 Church St

      RESTAURANT • 3,170 SF
      1851 Church St, Jonesboro, AR 72401-4941
      View Details
    • Value Estimation
      $610,000
      2,400 SF

      201 Main St

      RESTAURANT • 2,400 SF
      201 Main St, Jonesboro, AR 72401-2908
      View Details
    • Value Estimation
      $500,000
      3,687 SF

      2240 Caraway Rd

      RESTAURANT • 3,687 SF
      2240 Caraway Rd, Jonesboro, AR 72401-6203
      View Details

    Similar Nearby for Sale

    • $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
    • $725,000
      5,000 SF

      Downtown Jonesboro Commercial Building For Sale

      Iconic 5,000 sq ft building with two kitchens on Main Street.
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    • $399,000
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      Versatile Commercial Space in Jonesboro

      Redevelopment opportunity near downtown Jonesboro with high visibility.
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    • $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
    • $1,036,728
      2.38 Acres

      I-555 Hotel Development Land

      Jonesboro, AR: Prime 2.38-acre lot.
      3410 Access Rd, Jonesboro, AR 72401
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    • $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

    • $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
    • $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
    • $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
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    2305 Caraway Rd
    Jonesboro, AR 72401-6206
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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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