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    For Sale (19)

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    Cushman, AR Timberland Acreage
    $45,900
    8.51 Acres

    Cushman, AR Timberland Acreage

    8.51+/- acres of timberland in Cushman, Arkansas.

    8 N Central Ave, Cushman, AR 72526
    View details
    Jonesboro Land For Sale
    $274,900
    0.89 Acres

    Jonesboro Land For Sale

    0.89 +/- acre commercial land near major establishments.

    3009 Race St, Jonesboro, AR 72401
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    Waterfront Land in Horseshoe Bend
    $69,500
    0.50 Acres

    Waterfront Land in Horseshoe Bend

    0.50 acre waterfront lot with 111 ft shoreline frontage.

    1503 Emerald Cove Dr, Horseshoe Bend, AR 72512
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    Jonesboro Multifamily Investment Opportunity
    $399,900
    6,716 SF

    Jonesboro Multifamily Investment Opportunity

    Eight-unit multifamily property near Arkansas State University.

    1900 Cedar Heights Dr, Jonesboro, AR 72401
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    Jonesboro Land with Development Potential
    $399,900
    44.18 Acres

    Jonesboro Land with Development Potential

    44.18 acres in Jonesboro, AR with development potential.

    44.18 Acres County Rd 780, Jonesboro, AR 72405
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    Jonesboro Multifamily Investment Opportunity
    $799,900
    5,940 SF

    Jonesboro Multifamily Investment Opportunity

    Six-unit multifamily property in Jonesboro, Arkansas, fully occupied.

    1012 N Main St, Jonesboro, AR 72401
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    Luxora, Arkansas Land Opportunity
    Contact for pricing
    0.15 Acres

    Luxora, Arkansas Land Opportunity

    Two adjoining lots totaling 0.15 acres near Osceola and Manila.

    Luxora, AR 72442
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    Jonesboro Commercial Property For Sale
    $1,258,000
    3.67 Acres

    Jonesboro Commercial Property For Sale

    Commercial property in Jonesboro, Arkansas, near Arkansas State University.

    3.67 Acres Melrose St, Jonesboro, AR 72401
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    Newer Duplex in Paragould, AR
    $289,900
    2,670 SF

    Newer Duplex in Paragould, AR

    New construction duplex with strong rental appeal in Paragould.

    505 Bertig St, Paragould, AR 72450
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    Paragould Land on Highway 412
    $269,000
    14.48 Acres

    Paragould Land on Highway 412

    14.48 acres of cleared and fenced land in Paragould.

    14.48 Acres Hwy 412 Byp, Paragould, AR 72450
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    Paragould Land with Highway Frontage
    $179,900
    4.00 Acres

    Paragould Land with Highway Frontage

    4-acre wooded tract with development potential in Greene County.

    102 Greene 716 Rd, Paragould, AR 72450
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    Forrest City Timberland on Hwy
    $150,000
    5.61 Acres

    Forrest City Timberland on Hwy

    5.61 acre timberland with C-2 frontage and high visibility.

    N Washington St, Forrest City, AR 72335
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    Wooded Land in Westwood Acres
    $39,900
    3.03 Acres

    Wooded Land in Westwood Acres

    3.03 acres of wooded land near Lake Frierson.

    3.03 Acres County Rd 389, Bono, AR 72416
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    Harrisburg Land with Development Potential
    $59,900
    5.31 Acres

    Harrisburg Land with Development Potential

    5.31+/- acre lot near Lake Poinsett with utilities available.

    20962 Distress Creek Rd, Harrisburg, AR 72432
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    Forrest City Multifamily Investment
    $114,900
    3,468 SF

    Forrest City Multifamily Investment

    Two brick houses on a corner lot, priced as one.

    1047 N Rosser St, Forrest City, AR 72335
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    Oakland, AR Timberland Acres
    $139,900
    40.00 Acres

    Oakland, AR Timberland Acres

    40 +/- acres of timberland in Marion County, Arkansas.

    40 Acres Mc #113 Rd, Oakland, AR 72653
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    Wooded Lots in Jonesboro, AR
    $49,900
    0.54 Acres

    Wooded Lots in Jonesboro, AR

    Two wooded lots ideal for homesite or investment property.

    2608 Flemon Rd, Jonesboro, AR 72404
    View details
    Jonesboro Land Near Harrisburg Rd
    $90,000
    5.00 Acres

    Jonesboro Land Near Harrisburg Rd

    5 +/- acres in Jonesboro near Interstate 555.

    Harrisburg Rd, Jonesboro, AR 72404
    View details
    Prime Highland Business Opportunity
    $1,113,875
    1.79 Acres

    Prime Highland Business Opportunity

    1.79 Acres, Highway 62 Frontage

    2609 Highway 62 412, Highland, AR 72542
    View details

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    Compass Rose Realty
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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
    Compass Rose Realty
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