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    For Sale (16)

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    Charming Duplex Near Local Schools
    $194,500
    1,104 SF

    Charming Duplex Near Local Schools

    Well-maintained duplex with strong rental history and flexible leasing options.

    3009 Hendricks Blvd, Fort Smith, AR 72903
    View details
    Greenwood Acreage with Creek and Barn
    $279,900
    34.73 Acres

    Greenwood Acreage with Creek and Barn

    34.73 acres in Greenwood School District with creek and barn.

    Tbd Hwy 10 E, Greenwood, AR 72936
    View details
    Commercial Lot Near Baptist Health
    $45,000
    0.16 Acres

    Commercial Lot Near Baptist Health

    0.16 acre commercial lot near Towson and Baptist Health.

    1312 Dodson Ave, Fort Smith, AR 72901
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    Cameron, OK Land Available
    $72,500
    10.00 Acres

    Cameron, OK Land Available

    10 acres of land with utilities at the road.

    23694 Old Highway 112, Cameron, OK 74932
    View details
    New Construction Townhome Investment
    $1,212,000
    7,560 SF

    New Construction Townhome Investment

    Multifamily portfolio with 8 units in Fort Smith, AR.

    7816 Texas Rd, Fort Smith, AR 72908
    View details
    21 Acres on US Highway
    $76,500
    21.00 Acres

    21 Acres on US Highway

    21+/- acres with highway frontage and utility access.

    468005 Us Highway 64 S, Gans, OK 74936
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    Remodeled Commercial Building in Downtown
    $700,000
    3,953 SF

    Remodeled Commercial Building in Downtown

    Remodeled commercial building with bars, stage, and dance floor.

    1004 Garrison Ave, Fort Smith, AR 72901
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    Mountainburg, AR Wooded Land
    $174,000
    20.65 Acres

    Mountainburg, AR Wooded Land

    20.65 acres of wooded land, ideal for building a home.

    Tbd Old Locke Rd, Mountainburg, AR 72946
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    Prime Hunting Land Opportunity
    $1,727,000
    254.09 Acres

    Prime Hunting Land Opportunity

    254.09 acres of prime hunting land with abundant wildlife.

    013 N Rhino Rd, Spiro, OK 74959
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    Historic Mixed-Use Property in Ozark
    $617,500
    5,742 SF

    Historic Mixed-Use Property in Ozark

    Remodeled live/work property with retail and residential spaces.

    110 S 2Nd St, Ozark, AR 72949
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    Cleared Land with Pond, Spiro
    $90,000
    6.00 Acres

    Cleared Land with Pond, Spiro

    Six acres of cleared land with pond near Fort Smith.

    1 Tbd Lck And Dm Rd, Spiro, OK 74959
    View details
    39 Acres on Hwy 10
    $520,000
    39.00 Acres

    39 Acres on Hwy 10

    39 acres on Hwy 10 in Greenwood, Arkansas.

    3106 Highway 10 E, Greenwood, AR 72901
    View details
    Highway Frontage Land in Lavaca
    $206,000
    17.17 Acres

    Highway Frontage Land in Lavaca

    17.17 acres on Highway 96, ideal for development.

    Tbd Hwy 96 S, Lavaca, AR 72941
    View details
    Uniontown, AR Wooded Land
    $45,000
    3.00 Acres

    Uniontown, AR Wooded Land

    3 acres of wooded land near Van Buren, Arkansas.

    Tbd Uniontown Hwy, Uniontown, AR 72955
    View details
    Fort Smith Corner Lot
    $49,000
    0.92 Acres

    Fort Smith Corner Lot

    Corner lot near downtown and Baptist Health-Fort Smith.

    1813 12Th St, Fort Smith, AR 72901
    View details
    Modern Shop Building with Car Lift
    Contact for pricing

    Modern Shop Building with Car Lift

    Versatile 3,200 sq ft shop building constructed in 2023.

    Unknown, Stigler, OK 74462
    View details

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    Berkshire Hathaway HomeServices Anderson Propertie
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Berkshire Hathaway HomeServices Anderson Propertie
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