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    Property profile & analytics

    3418 Johnson Ave Jonesboro, AR 72405-1876

    • Theaters & concert halls
    • 5,700 SF
    • 1.74 lot acres
    OFF-MARKET
    Value Estimation
    $6,970,000
    Last Sale
    Sep 21, 2022
    $7,770,976
    Location Intelligence
    Property ID
    US05-1011028
    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

    • Western Union / Money Transfer Service
    • Kum & Go / Fast Food Restaurant / Gas Station

    Property Details for 3418 Johnson Ave

    Year built
    2021
    Lot size
    1.74 lot acres
    Property size
    5,700 SF
    Property type
    Theaters & concert halls
    APN
    01-144102-07900
    APU
    114410207900

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $6,405,000

    • CAP approach

      CAP return
      Estimation
      6%
      $7,400,000
      6.5%
      $8,540,000
      7%
      $7,635,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $8,240,000
      Geo Method
      $6,910,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $7,925,000
      Retail
      $7,895,000
      Mixed-Use
      $8,755,000
      Hospitality
      $6,550,000
      Educational
      $7,970,000
      Residential Income
      $7,395,000
      Energy
      $8,505,000
      Income-Based Land
      $8,450,000
      Food Service
      $7,370,000

    Location Insight

    • Map
    • Local Demand
    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.6571
    Latitude
    35.8577
    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
    $29,426
    $295,597
    $316,813
    $612,410
    -
    $1,477,985
    $1,584,065
    $3,062,050

    Comparable in this City

    • Value Estimation by Request
      29,614 SF

      1008 Canera Dr

      THEATER (MOVIE) • 29,614 SF
      1008 Canera Dr, Jonesboro, AR 72405-5003
      View Details
    • Value Estimation
      $625,000
      8,490 SF

      4406 Clubhouse Dr

      COUNTRY CLUB • 8,490 SF
      4406 Clubhouse Dr, Jonesboro, AR 72405-8034
      View Details
    • Value Estimation
      $685,000
      21,918 SF

      1004 Chancery Ln

      BOWLING ALLEY • 21,918 SF
      1004 Chancery Ln, Jonesboro, AR 72405-5010
      View Details
    • Value Estimation by Request

      2905 County Rd 712

      COMMERCIAL (GENERAL)
      2905 County Rd 712, Jonesboro, AR 72405
      View Details
    • Value Estimation by Request

      Jonesboro, AR 72405

      VACANT COMMERCIAL LAND
      Jonesboro, AR 72405
      View Details
    • Value Estimation by Request
      0.03 Acres

      3411 Johnson Ave

      COMMERCIAL (GENERAL) • 0.03 Acres
      3411 Johnson Ave, Jonesboro, AR 72405-1860
      View Details

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    Similar Nearby for Lease

    • $12 SF/Yr
      2,400 SF

      Retail/Office Space Near University

      2400 SF space ideal for retail, office, or restaurant.
      2304 E Johnson Ave, Jonesboro, AR 72405
      View Details
    • $12 SF/Yr
      2,400 SF

      Retail Space Near Arkansas State

      2400 SF retail space in high-traffic location near university.
      2304 E Johnson Ave, Jonesboro, AR 72405
      View Details
    • $62,500
      24,394 SF

      Jonesboro Medical Office Park

      Executive Suites, Prime Location
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    3418 Johnson Ave
    Jonesboro, AR 72405-1876
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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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