Add Listing
    Brokers
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings
    (870) 935-0701
    Size: 10+ agents

    Agents

    Service Locations

    Arkansas

    Tennessee

    Property Types

    • Land
    • Commercial Sale
    • Residential Multi Family

    Listings

    For Sale (45)

    View map
    Versatile Industrial Property in Paragould
    $900,000
    26,798 SF

    Versatile Industrial Property in Paragould

    Mix of office, showroom, and warehouse space near US 412.

    1305 Carroll Rd, Paragould, AR 72450
    View details
    Jonesboro Mixed-Use Property For Sale
    $270,000
    3,480 SF

    Jonesboro Mixed-Use Property For Sale

    1.88 acre lot with building and workshop, C-3 zoning.

    5808 E Highland Dr, Jonesboro, AR 72401
    View details
    Residential Land in Memphis, TN
    Contact for pricing
    0.25 Acres

    Residential Land in Memphis, TN

    Land parcel in a convenient location, cash offers only.

    Memphis, TN 38114
    View details
    Residential Land in Memphis
    Contact for pricing
    0.05 Acres

    Residential Land in Memphis

    Land available for sale in Memphis, Tennessee.

    James St, Memphis, TN 38106
    View details
    Oakland Land For Sale
    $1,050,000
    15.92 Acres

    Oakland Land For Sale

    Development opportunity in fast growing Oakland with multiple uses.

    8055 Us Highway 64, Oakland, TN 38060
    View details
    Land in Gated Germantown Enclave
    $495,000
    0.80 Acres

    Land in Gated Germantown Enclave

    Residential land available in a gated luxury home community.

    7772 Radford Ridge Rd, Germantown, TN 38138
    View details
    Residential Lot in Desirable Neighborhood
    $69,900
    0.93 Acres

    Residential Lot in Desirable Neighborhood

    0.93 acre residential lot in Marion, 15 minutes from Memphis.

    Marion Lake Rd, Marion, AR 72364
    View details
    Income-Producing Storage Facility For Sale
    $309,900
    7,800 SF

    Income-Producing Storage Facility For Sale

    Storage facility with expansion potential on just under 1 acre.

    1708 Tall Birch Dr, Jonesboro, AR 72404
    View details
    Bulk Multifamily Investment Opportunity
    $436,900

    Bulk Multifamily Investment Opportunity

    Four Memphis properties for sale as a portfolio.

    3789 Fairoaks Ave, Memphis, TN 38122
    View details
    Lake Norfork Resort with Cabins
    $970,000
    6,634 SF

    Lake Norfork Resort with Cabins

    Turnkey lake-view resort with cabins, barndominium, and event pavilion.

    2655 Highway 101, Gamaliel, AR 72537
    View details
    Cherokee Village Wooded Lot
    Contact for pricing

    Cherokee Village Wooded Lot

    Wooded lot close to water in Cherokee Village, Arkansas.

    1 Tawsee - Lot, Cherokee Village, AR 72529
    View details
    Land in Gated Community
    $219,899
    2.18 Acres

    Land in Gated Community

    Residential land in a gated, equestrian-friendly community.

    Chelsea Mdw, Cordova, TN 38018
    View details
    Commercial Land on Shelby Drive
    $150,000
    0.53 Acres

    Commercial Land on Shelby Drive

    Commercial land with frontage and utilities access in Memphis, TN.

    4150 E Shelby St, Memphis, TN 38118
    View details
    8 Acres Near City Amenities
    $160,000
    8.00 Acres

    8 Acres Near City Amenities

    8 acres outside city limits, close to amenities in Jonesboro.

    8 Highway 163, Jonesboro, AR 72404
    View details
    Land Available in Memphis, TN
    Contact for pricing
    0.14 Acres

    Land Available in Memphis, TN

    Land for sale near new developments. Cash offers only.

    1522 Bruce St, Memphis, TN 38114
    View details
    15 Acres Near City Amenities
    $375,000
    15.00 Acres

    15 Acres Near City Amenities

    15 acres outside city limits, close to amenities.

    15 Highway 163, Jonesboro, AR 72404
    View details
    Memphis Land Opportunity
    $60,000
    2.71 Acres

    Memphis Land Opportunity

    2.71 acre lot for sale in Memphis, Tennessee.

    2810 Ketchum Rd, Memphis, TN 38114
    View details
    Residential Land in Memphis, TN
    Contact for pricing
    0.05 Acres

    Residential Land in Memphis, TN

    Land available for sale in Memphis, Tennessee.

    1318 James St, Memphis, TN 38106
    View details
    Residential Land in Memphis, TN
    Contact for pricing
    0.05 Acres

    Residential Land in Memphis, TN

    Land available in Memphis, Tennessee.

    James St, Memphis, TN 38106
    View details
    Residential Lot in Jonesboro, AR
    $50,000
    0.37 Acres

    Residential Lot in Jonesboro, AR

    0.37 acre lot in Barrington Park, Valley View School District.

    4330 Weldon Ln, Jonesboro, AR 72404
    View details
    Residential Land in Memphis
    Contact for pricing
    0.05 Acres

    Residential Land in Memphis

    Residential land available in Memphis, Tennessee.

    1312 James St, Memphis, TN 38106
    View details
    Crossville, TN Land For Sale
    Contact for pricing
    0.40 Acres

    Crossville, TN Land For Sale

    Residential land with lake frontage, ideal for building a cabin.

    Circle Rd, Crossville, TN 38572
    View details
    Residential Lot in Memphis
    Contact for pricing
    0.29 Acres

    Residential Lot in Memphis

    Residential lot for development or investment in Memphis, Tennessee.

    71 E Geeter Rd, Memphis, TN 38109
    View details
    Memphis Multifamily Investment Opportunity
    $435,000

    Memphis Multifamily Investment Opportunity

    Five-unit complex near Midtown and Downtown Memphis with gated parking.

    1515 Madison Ave, Memphis, TN 38104
    View details
    Memphis Land Development Opportunity
    $60,000
    1.27 Acres

    Memphis Land Development Opportunity

    Over an acre of land in a desirable residential area.

    436 Western Park Dr, Memphis, TN 38109
    View details
    Upscale Gated Subdivision Land
    $219,899
    2.44 Acres

    Upscale Gated Subdivision Land

    2.44 acre lot in equestrian-friendly, gated community.

    Lexington Manor Ln, Eads, TN 38028
    View details
    Land in Gated Community
    $219,899
    2.29 Acres

    Land in Gated Community

    Land for sale in a gated, equestrian-friendly community.

    Chelsea Meadow Cv, Eads, TN 38028
    View details
    30 Acres in Unincorporated Tennessee
    $450,000
    30.02 Acres

    30 Acres in Unincorporated Tennessee

    30 acres of land for sale in Unincorporated, Tennessee.

    Egypt Central Rd, Memphis, TN 38128
    View details
    Residential Land in Quiet Area
    Contact for pricing
    0.13 Acres

    Residential Land in Quiet Area

    Raw land suitable for residential development in Memphis, Tennessee.

    2691 Byrd Ave, Memphis, TN 38114
    View details
    Residential Land in Memphis, TN
    $150,000
    2.49 Acres

    Residential Land in Memphis, TN

    2.49 acres of land ready for your dream home.

    580 E Rocky Point Rd, Memphis, TN 38018
    View details
    Commercial Land on Shelby Drive
    $150,000
    0.54 Acres

    Commercial Land on Shelby Drive

    Commercial land with frontage and utilities access in Memphis, TN.

    4140 E Shelby St, Memphis, TN 38118
    View details
    Residential Lot in Jonesboro, AR
    Contact for pricing
    0.15 Acres

    Residential Lot in Jonesboro, AR

    Residential lot available in Jonesboro, Arkansas.

    112 W Woodrow St, Jonesboro, AR 72401
    View details
    Gated Equestrian Land For Sale
    $219,899
    2.52 Acres

    Gated Equestrian Land For Sale

    2.52 acre gated land in Unicorp/Eads, TN.

    Lexington Manor Ln, Eads, TN 38028
    View details
    Commercial Land on Shelby Drive
    $150,000
    0.50 Acres

    Commercial Land on Shelby Drive

    Commercial land with frontage and utilities access in Memphis, TN.

    Memphis, TN 38118
    View details
    Residential Land in Memphis, TN
    Contact for pricing
    0.88 Acres

    Residential Land in Memphis, TN

    0.88 acre residential land perfect for development in Memphis.

    1882 Mitchell Rd, Memphis, TN 38109
    View details
    Residential Lot in Memphis
    Contact for pricing
    0.32 Acres

    Residential Lot in Memphis

    Residential land for sale in Memphis, Tennessee.

    3076 Travis Rd, Memphis, TN 38109
    View details
    Large Land Parcel in Memphis
    $173,700
    29.60 Acres

    Large Land Parcel in Memphis

    Over 29 acres near Amazon and Nike facilities in Memphis.

    Hawkins Mill Rd, Memphis, TN 38127
    View details
    Memphis Fourplex Investment Opportunity
    $215,000

    Memphis Fourplex Investment Opportunity

    Vacant fourplex in Memphis, TN, with income potential.

    1627 Barton St, Memphis, TN 38106
    View details
    Trumann Farmland with Development Potential
    $399,000
    39.10 Acres

    Trumann Farmland with Development Potential

    39.10 acres of farmland with development potential in Trumann, AR.

    39 W Main, Trumann, AR 72472
    View details
    Vacant Commercial Parcel on Busy Street
    $40,000

    Vacant Commercial Parcel on Busy Street

    Vacant commercial land with high visibility and multiple potential uses.

    583 Eh Crump Blvd E, Memphis, TN 38126
    View details
    Vacant Land on Busy Street
    $40,000
    0.40 Acres

    Vacant Land on Busy Street

    Commercial land available on a major street with excellent visibility.

    583 Eh Crump Blvd E, Memphis, TN 38126
    View details
    Redevelopment Opportunity in High-Visibility Corridor
    Contact for pricing

    Redevelopment Opportunity in High-Visibility Corridor

    0.74-acre commercial lot ready for redevelopment in Fairmont, MN.

    415 State St S, Fairmont, MN 56031
    View details
    Tenant-Occupied Brick Duplex For Sale
    $135,000
    1,634 SF

    Tenant-Occupied Brick Duplex For Sale

    Brick duplex, fully tenant occupied, ideal for rental portfolio.

    3793 Helen Ann Dr, Memphis, TN 38127
    View details
    Land Parcel For Sale
    Contact for pricing

    Land Parcel For Sale

    Land parcel available for sale in Memphis, Tennessee.

    1318 James St, Memphis, TN 38106
    View details
    Land Parcel on James Street
    Contact for pricing

    Land Parcel on James Street

    Land parcel available for sale on James Street, Memphis.

    1312 James St, Memphis, TN 38106
    View details

    Leases and Sales on Map

    • For Sale

    Properties for sale

    View other agents
    in the same area
    Request Owner's contact information
    Crye-Leike Realtors
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Crye-Leike Realtors
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!