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    Property profile & analytics

    Drew Monette, AR 72447

    • Retail space
    • 1,648 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 16, 2024
    $10,600
    Location Intelligence
    Property ID
    US05-1306560
    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

    • Retail space

    Property Details for Drew

    Lot size
    0.05 lot acres
    Property size
    1,648 SF
    Property type
    Retail space
    APN
    06-157284-22700
    APU
    615728422700

    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
    -90.3421
    Latitude
    35.8907
    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
    $60
    $1,000
    $400
    $1,400
    -
    $5,000
    $2,000
    $7,000

    Comparable in this City

    • Value Estimation by Request
      3,641 SF

      Drew

      RETAIL STORES (PERSONAL SERVICES) • 3,641 SF
      Drew, Monette, AR 72447
      View Details
    • Value Estimation
      $465,000
      17,336 SF

      301 Drew Ave

      RETAIL STORES (PERSONAL SERVICES) • 17,336 SF
      301 Drew Ave, Monette, AR 72447-9013
      View Details
    • Value Estimation by Request
      14,210 SF

      Edmonds

      RETAIL STORES (PERSONAL SERVICES) • 14,210 SF
      Edmonds, Monette, AR 72447
      View Details
    • Value Estimation by Request
      2,444 SF

      Drew

      RETAIL STORES (PERSONAL SERVICES) • 2,444 SF
      Drew, Monette, AR 72447
      View Details
    • Value Estimation by Request
      2,000 SF

      210 Drew

      RETAIL STORES (PERSONAL SERVICES) • 2,000 SF
      210 Drew, Monette, AR 72447
      View Details
    • Value Estimation
      $95,000
      3,200 SF

      21213 Hwy 18th E

      RETAIL STORES (PERSONAL SERVICES) • 3,200 SF
      21213 Hwy 18th E, Monette, AR 72447-9214
      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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    Drew
    Monette, AR 72447
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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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