Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Highway 425 Commercial Lot Title is generated by Realmo AI

    109 Neal St Street, Star City, AR 71667

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Land Only - Star City, AR

    Property size:
    360 SF
    Lot size:
    0.75 Acres
    Price / SF:
    $51/SF
    Added:
    May 29, 2025
    Days on Market:
    353
    Last Refresh:
    May 16 at 8:06 pm

    Property Features for 109 Neal St Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    702-01178-000
    Size
    360 SF
    Lot size
    0.75 Acres

    Taxes and HOA fees

    Tax Annual Amount
    146.02

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Jenny Wynn

    Listing agent Jenny Wynn

    Listing office Re/Max Platinum 3907 Camden Road Suite 1, Pine Bluff, AR

    Listing date May 29, 2025

    MLS# 25021018 Listing URL

    Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • High‑visibility frontage on Highway 425, ideal for attracting customers.
    • Ready for immediate development or setup with a small building.
    • Includes an 18' x 20' concrete slab, saving on initial construction costs.
    • Two driveways provide easy access for customers and deliveries.
    • Storm shelter included for added security.
    • Suitable for a variety of small business ventures (e.g., salon, office).

    Overview

    This commercial lot offers high-visibility frontage on Highway 425. Previously the site of a mobile home, which has been removed, the property is ready for development or immediate setup with a small building. The lot includes an 18' x 20' concrete slab and a storm shelter. Two driveways provide customer and delivery access. The property encompasses 0.75 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Star City
    County
    Lincoln
    State
    Arkansas
    Longitude
    -91.8685
    Latitude
    33.924

    Nearby Similar for Sale

    • $200,000

      80 Acres Hunting/Recreational Land

      80 acres of hunting and recreational land in Star City.
      000 Avalon Road, Star City, AR 71667
      View Details
    • $244,700

      Cleared Acreage Near Star City

      75 acres near US HWY 530, Lincoln County, Arkansas.
      28-9-8 Freedom Rd, Star City, AR 71667
      View Details
    • $380,000

      Star City Acreage: Hunting Paradise

      120-acre hunting property with cabin near Star City, AR.
      000 Pine, Star City, AR 71667
      View Details
    • $800,000

      Broiler Farm in Star City, AR

      23-acre poultry farm with three broiler houses near Star City.
      30395 State Highway 11 S, Star City, AR 71667
      View Details
    • $120,000
      5,516 SF

      Commercial Building in Star City, AR

      Two-story commercial building with flexible space and recent upgrades.
      111 Knight Haven Cir, Star City, AR 71667
      View Details
    • $130,000

      Star City Timberland Acreage

      40 acres of cut-over timberland with recreational and investment potential.
      TBD GENTRY RD, Star City, AR 71667
      View Details
    • $30,000

      Star City Subdivision Lot

      New subdivision lot in Star City, 3+ acres.
      000 Camille Drive, Star City, AR 71667
      View Details
    • $131,170

      Star City Acreage For Sale

      40 acres near Star City, Arkansas, suitable for hunting/building.
      000 Sunset Street, Star City, AR 71667
      View Details
    • $187,427

      Star City Acreage for Sale

      Over 57 acres of wooded land in Star City.
      000 Sunset/Wood Street, Star City, AR 71667
      View Details
    • $60,000

      Star City Acreage with Utilities

      15 acre lot with mature trees and prior utilities.
      314 Arappaho Road, Star City, AR 71667
      View Details
    • $7,500

      Residential Lot in Star City

      1.5 acre residential lot suitable for building or mobile home.
      901 Green Hills Road, Star City, AR 71667
      View Details
    • $266,500

      94 Acres Hunting Tract Potential

      Hunting tract with plantation pines, hardwoods, and marshland.
      Bradshaw Brake, Star City, AR 71667
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial lot with high visibility and endless business opportunities.
    Where is this commercial land located?
    The property is located at 109 Neal St Street Star City, AR.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: High‑visibility frontage on Highway 425, ideal for attracting customers.; Ready for immediate development or setup with a small building.; Includes an 18' x 20' concrete slab, saving on initial construction costs.
    (870) 370-0420
    We can help!
    Listing Contact
    Jenny Wynn
    Learn More
    Request Owner's contact information
    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
    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

    Thank You for Inquiry
    109 Neal St Street, Star City, AR 71667
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!