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    Century 21 LeMac Realty

    1024 Hwy 62 East, Mountain Home, AR 72653
    (870) 425-6356
    Web Site
    Size: 10+ agents

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    Property Types

    • Commercial Sale
    • Land
    • Residential Multi Family

    Listings

    For Sale (38)

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    Vacant Lot Near Lake Norfork
    Contact for pricing
    0.90 Acres

    Vacant Lot Near Lake Norfork

    Vacant lot near Lake Norfork and White River.

    010-00817-000 Wick Rd, Mountain Home, AR 72653
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    Land with Lake Access
    $39,900
    1.34 Acres

    Land with Lake Access

    1.34 acres near lake with association water.

    1-4 Mc 131, Oakland, AR 72661
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    Residential Land Near Norfork Lake
    Contact for pricing
    2.00 Acres

    Residential Land Near Norfork Lake

    Two acre lot near Norfork Lake with road frontage.

    002-11058-005 Shoshoni Trl, Clarkridge, AR 72623
    View details
    Commercial Building in Bull Shoals
    $174,900
    1,360 SF

    Commercial Building in Bull Shoals

    Single-story commercial building with excellent visibility in Bull Shoals, AR.

    622 Central Blvd, Bull Shoals, AR 72619
    View details
    Bull Shoals Lake View Lots
    $49,000
    0.80 Acres

    Bull Shoals Lake View Lots

    Land with lake views near Bull Shoals Marina.

    15-16 Canterbury St, Bull Shoals, AR 72619
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    Ridgeway Tractor Parts Business
    $1,500,000
    6,488 SF

    Ridgeway Tractor Parts Business

    Turn-key tractor parts business with real estate for sale.

    4217 Highway 62, Flippin, AR 72634
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    Newport AR Triplex and Fourplex
    $399,900

    Newport AR Triplex and Fourplex

    Two multifamily properties, fully occupied, turnkey investment opportunity.

    910 Dill St, Newport, AR 72112
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    Salesville Acreage with Development Potential
    $133,000
    19.00 Acres

    Salesville Acreage with Development Potential

    19 acres of wooded land within Salesville city limits.

    009-02955-000 Owens Dr, Salesville, AR 72653
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    Salesville Wooded Acreage Near Highway
    $35,000
    5.22 Acres

    Salesville Wooded Acreage Near Highway

    5+ acre wooded lot near Norfork Lake and White River.

    009-02955-001 Owens Dr, Salesville, AR 72653
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    Salesville Wooded Land Opportunity
    $35,000
    4.37 Acres

    Salesville Wooded Land Opportunity

    4.37 acres of wooded land within Salesville city limits.

    009-02955-001 Owens Dr, Salesville, AR 72653
    View details
    Historic Calico Rock Commercial Property
    $275,000

    Historic Calico Rock Commercial Property

    Renovated commercial property in historic district, near White River.

    131 Main St, Calico Rock, AR 72519
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    Rustic Land in Theodosia, AR
    Contact for pricing
    5.10 Acres

    Rustic Land in Theodosia, AR

    5.1 acres of land suitable for cabin or hunting.

    001-06574-017 Mc 164, Yellville, AR 72687
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    Highway Frontage Land in Cotter
    $475,000

    Highway Frontage Land in Cotter

    Commercial land with highway frontage and city utilities in Cotter.

    1177 Hwy 62, Cotter, AR 72626
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    Undeveloped Acreage with City Utilities
    $575,000
    15.14 Acres

    Undeveloped Acreage with City Utilities

    15 acres of land suitable for development with city utilities.

    007-14796-000 Mcclure Ln, Mountain Home, AR 72653
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    Wooded Acreage Near Lake Norfork
    $59,900
    4.30 Acres

    Wooded Acreage Near Lake Norfork

    4.3-acre wooded lot with road frontage near Lake Norfork.

    002-02964-000 Cr 476, Clarkridge, AR 72623
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    Land Near Bull Shoals Lake
    $87,000
    3.92 Acres

    Land Near Bull Shoals Lake

    3.92 acres near Bull Shoals Lake with water access.

    4 County Road 505, Mountain Home, AR 72653
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    Flippin, AR Land Lot
    Contact for pricing
    0.99 Acres

    Flippin, AR Land Lot

    0.99 acre lot near Bull Shoals Lake.

    25 Lakepointe Dr, Flippin, AR 72634
    View details
    Residential Land in Holiday Estates
    $59,000
    1.45 Acres

    Residential Land in Holiday Estates

    1.45 acre lot in desirable Mountain Home subdivision.

    7 Sharon Dr, Mountain Home, AR 72653
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    Established Subdivision Lot Near Lake
    Contact for pricing
    2.00 Acres

    Established Subdivision Lot Near Lake

    Level, shaded lot in established subdivision near Norfork Lake.

    002-11058-011 Cr 23, Clarkridge, AR 72623
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    Lakefront Land with Building Potential
    $38,000
    1.21 Acres

    Lakefront Land with Building Potential

    1.21 acre lot near Bull Shoals Lake with perk permit.

    397-00001-005 Burggraf Trl, Mountain Home, AR 72653
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    Wooded Acreage in Harriet, Arkansas
    $92,500
    28.38 Acres

    Wooded Acreage in Harriet, Arkansas

    28+ acres of wooded land with utilities available.

    001-0197-000 Turkey Spg Rd, Harriet, AR 72639
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    Mountain Home Retail Investment Opportunity
    $1,499,000
    18,718 SF

    Mountain Home Retail Investment Opportunity

    Retail store mall with highway visibility in Mountain Home, Arkansas.

    1310 E Highway 62 EAST, Mountain Home, AR 72653
    View details
    Unrestricted Land Bordering City Limits
    $1,195,000
    34.24 Acres

    Unrestricted Land Bordering City Limits

    34.24 acres m/l of level, unrestricted land near city.

    001-05276-003 Inverness Dr, Mountain Home, AR 72653
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    Level Corner Lot in Neighborhood
    Contact for pricing

    Level Corner Lot in Neighborhood

    Residential land in a quiet neighborhood in Mountain Home, AR.

    25 Meadowdale St, Mountain Home, AR 72653
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    Wooded Acreage in Peel, Arkansas
    Contact for pricing
    6.13 Acres

    Wooded Acreage in Peel, Arkansas

    6.13 acres of wooded land suitable for residential or hunting.

    1008 Mc 2084, Peel, AR 72668
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    Wooded Lot Near Bull Shoals
    Contact for pricing
    0.34 Acres

    Wooded Lot Near Bull Shoals

    Residential lot near Bull Shoals Dam, Lake, and White River.

    760-19581-000 Sandot Dr, Bull Shoals, AR 72619
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    Norfork Lake Acreage For Sale
    Contact for pricing
    2.50 Acres

    Norfork Lake Acreage For Sale

    2.5 acres m/l near Norfork Lake, ideal for building.

    2 Reynolds Island Cv, Elizabeth, AR 72531
    View details
    Salesville Acreage with Stream Access
    $63,000
    9.65 Acres

    Salesville Acreage with Stream Access

    9.65 acre wooded property near Norfork Lake and White River.

    009-02955-001 Owens Dr, Salesville, AR 72653
    View details
    Unrestricted Land with Highway Frontage
    $620,000
    2,536 SF

    Unrestricted Land with Highway Frontage

    19.6 acres with highway frontage and income-producing log home.

    273 Golden Star Ln, Mountain Home, AR 72653
    View details
    Mountain Home Commercial Property For Sale
    $395,000
    4,000 SF

    Mountain Home Commercial Property For Sale

    Commercial property in central Mountain Home with high traffic flow.

    108 S Baker St, Mountain Home, AR 72653
    View details
    Norfork Riverfront Land Opportunity
    $275,000
    7.10 Acres

    Norfork Riverfront Land Opportunity

    7.1 acre wooded lot with river frontage near amenities.

    7 River Ridge Rd, Norfork, AR 72658
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    Midway, AR Wooded Acreage
    Contact for pricing
    6.82 Acres

    Midway, AR Wooded Acreage

    6.82-acre wooded lot with owner financing available.

    180 Foster Dr, Midway, AR 72651
    View details
    Wooded Land Near Norfork Lake
    Contact for pricing
    2.00 Acres

    Wooded Land Near Norfork Lake

    Two-acre wooded lots near Norfork Lake with road frontage.

    21 County Road 472, Clarkridge, AR 72623
    View details
    Residential Land Near Bull Shoals
    $49,999
    0.91 Acres

    Residential Land Near Bull Shoals

    Five wooded lots near Bull Shoals Lake for residential development.

    6-10 Hudson Bay Rd, Oakland, AR 72661
    View details
    Ozark Homestead on 73 Acres
    $725,000
    3,200 SF

    Ozark Homestead on 73 Acres

    Country-style homestead on 73 acres near Ash Flat, Arkansas.

    4133 Easy K Rd, Franklin, AR 72536
    View details
    Former Buffalo Wild Wings Opportunity
    Contact for pricing
    6,262 SF

    Former Buffalo Wild Wings Opportunity

    Prime commercial real estate in high-traffic Mountain Home location.

    1195 Hometown Cmns, Mountain Home, AR 72653
    View details
    Mountain Home Commercial Property For Sale
    Contact for pricing

    Mountain Home Commercial Property For Sale

    Commercial property in Mountain Home with high traffic flow.

    108 S Baker St, Mountain Home, AR 72653
    View details
    Gassville Mixed-Use Opportunity
    Contact for pricing

    Gassville Mixed-Use Opportunity

    Residential home and commercial building with highway frontage.

    7070 Highway 62 WEST, Gassville, AR 72635
    View details

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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
    Century 21 LeMac Realty
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