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    Property profile & analytics

    1612 Beebe Capps Expy Searcy, AR 72143

    • Warehouses
    • 4,940 SF
    • 0.37 lot acres
    For Sale
    View listing
    $399,000
    Value Estimations
    Cap Rate Potential
    8.9%
    Warehouses
    Location Intelligence
    Property ID
    US05-1662134
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Interior Creations / Window Treatment Store / Fabric Store

    Property Details for 1612 Beebe Capps Expy

    Year built
    2004
    Lot size
    0.37 lot acres
    Property size
    4,940 SF
    Property type
    Warehouses
    APN
    016-10327-000
    APU
    1610327000

    Description

    This exceptional commercial property presents a unique investment opportunity in the thriving city of Searcy, Arkansas. Located at 1612 Beebe Capps, this 0.37-acre lot offers significant potential for a variety of commercial ventures. The property's size provides ample space for development, allowing for flexibility in design and functionality. Its strategic location within Searcy ensures high visibility and accessibility, making it an ideal site for businesses seeking a strong presence in the community. The asking price of $399,000 represents a compelling value for a property of this size and potential in a growing market. This is a blank canvas for your next commercial project, offering the chance to build to suit your specific needs and vision. The property's address, 1612 Beebe Capps, is easily accessible and situated in a well-established area of Searcy, providing convenient access to local amenities and transportation routes. This is an excellent opportunity for investors and developers looking to capitalize on the commercial growth in Searcy. Serious inquiries are encouraged to explore the possibilities this prime commercial land offers. The property is zoned for commercial use. Further details regarding zoning and development possibilities are available upon request.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $255,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $375,000
      6.5%
      $345,000
      7%
      $320,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $182,000
      Market price range: $112k - $309k
      AI Estimate
      $167,000
      Market price range: $98.9k - $309k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Searcy
    County
    White
    State
    Arkansas
    Longitude
    -91.7547
    Latitude
    35.2465
    CBSA code
    42620
    CBSA name
    SEARCY, AR MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $1,369
    $8,060
    $25,670
    $33,730
    -
    $40,300
    $128,350
    $168,650

    Comparable in this City

    • Value Estimation
      $235,000
      600 SF

      1410 Race Ave

      WAREHOUSE, STORAGE • 600 SF
      1410 Race Ave, Searcy, AR 72143-4660
      View Details
    • Value Estimation
      $245,000
      1,250 SF

      2935 Race Ave, Unit A

      WAREHOUSE, STORAGE • 1,250 SF
      2935 Race Ave, Searcy, AR 72143-4805
      View Details
    • Value Estimation
      $255,000
      5,000 SF

      1112 Maple St

      WAREHOUSE, STORAGE • 5,000 SF
      1112 Maple St, Searcy, AR 72143-3133
      View Details
    • Value Estimation
      $225,000
      1,600 SF

      208 Academy Ave

      WAREHOUSE, STORAGE • 1,600 SF
      208 Academy Ave, Searcy, AR 72143-4302
      View Details
    • Value Estimation
      $245,000
      1,040 SF

      606 Beebe Capps Expy

      MINI-WAREHOUSE, STORAGE • 1,040 SF
      606 Beebe Capps Expy, Searcy, AR 72143
      View Details
    • Value Estimation
      $255,000
      5,080 SF

      103 Blackgum Ln

      WAREHOUSE, STORAGE • 5,080 SF
      103 Blackgum Ln, Searcy, AR 72143-6761
      View Details

    Similar Nearby for Sale

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      83+ Acres Ready for Development

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    Similar Nearby for Lease

    • $4 SF/Yr
      105,000 SF

      Industrial Property for Lease

      Spacious industrial property suitable for warehouse, manufacturing, and distribution.
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    • $875 /Mo
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      Remodeled Warehouses with Office Space

      Newly remodeled warehouse spaces with offices, restrooms, bay doors.
      1927 West Beebe Capps Expy, Searcy, AR 72143
      View Details
    • $3,000 /Mo

      Large Commercial Shop

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      View Details
    • $7 SF/Yr
      12,000 SF

      Searcy Flex/Industrial Space Available

      12,000 SF flex/industrial space for lease in Searcy.
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    • $325,000
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      Searcy Airport Hangar for Lease

      New, insulated airplane hangar at Searcy Municipal Airport.
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    • $3,750 /Mo
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      Retail Space Near Harding University

      2300 SF retail space with high visibility frontage.
      1629 E Beebe Capps Expy, Searcy, AR 72143
      View Details
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    Searcy, AR 72143
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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
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