Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    181 S Central Avenue Batesville, AR 72501

    View on Map
    For Sale
    $466,464

    Building and Land - Batesville, AR

    Property size:
    9,718 SF
    Lot size:
    0.48 Acres
    Added:
    Sep 29, 2025
    Days on Market:
    185
    Last Refresh:
    Apr 1 at 11:06 am

    Property Features for 181 S Central Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking
    1
    Standard status
    Active
    APN
    1100600000C and 1100601000C
    Size
    9,718 SF
    Lot size
    0.48 Acres

    Taxes and HOA fees

    TaxYear
    2024
    TaxAnnualAmount
    2086

    Building Details

    Floors in Building
    1
    Architectural style
    Other

    We can help!

    Listing Contact
    Sherlyn Orantes

    Listing agent Sherlyn Orantes

    Listing office Venture Realty Group - Batesville 821 Harrison St., Batesville, AR

    Listing date Sep 29, 2025

    MLS# 25039217 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.

    Overview

    Historic District Commercial Building

    Located in the heart of Batesville's historic district, this commercial building offers endless potential just steps from Main Street. The property has an estimated 9,718 square feet of space and benefits from high visibility, with a daily traffic count of 9,100 according to ARDOT. The storefront is move-in ready and features newer spray foam insulation, five dressing rooms, a half bath, an office with an additional half bath, and plumbing for a kitchen space. Conditioned for restaurant use with a grease trap, the property can potentially be transformed into retail, dining, office, or multi-business space. Additional areas include an office, another retail space with men's and women's bathrooms, and a studio space. The building is equipped with three commercial-sized electrical panels, one full and two open for expansion, presenting a blank canvas for various business plans. The convenience of an on-site parking lot enhances the property's appeal. The lot size is 0.48 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Siloe Clothing & Fashion Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Kroger Floral — 303 S St Louis St, Batesville, AR 72501
    • Queen Ann’s Lace Flowers & Gifts — 266 E Main St, Batesville, AR 72501
    • Signature Baskets, Flowers & Gifts — 384 S Broad, Batesville, AR 72501

    Location Insight

    • Map
    • Local Demand
    City
    Batesville
    County
    Independence
    State
    Arkansas
    Longitude
    -91.653613
    Latitude
    35.769503

    Nearby Similar for Sale

    • $329,000
      2,963 SF

      Batesville Multifamily Investment Opportunity

      Charming 5-unit property with recent updates and expansion potential.
      809 Rock Street, Batesville, AR 72501
      View Details
    • $95,000
      1,560 SF

      Commercial Building on Corner Lot

      1560 SF commercial building suitable for automotive or retail.
      795 N Central Avenue, Batesville, AR 72501-0000
      View Details
    • $319,900
      3,760 SF

      Updated Income Property Near Batesville

      Investment property featuring updated mobile homes and a modernized duplex.
      160 Coburn Ln., Batesville, AR 72501
      View Details
    • $1,152,057
      9,026 SF

      Dollar General NNN Investment Opportunity

      NNN Dollar General with corporate guarantee and 7.0% CAP.
      6859 Harrison St, Batesville, AR 72501
      View Details
    • $3,950,000
      60,998 SF

      60,998 SF Batesville Shopping Center

      60,998 SF shopping center near Lyon College for sale.
      425 South Saint Louis Street, Batesville, AR 72501
      View Details
    • $2,400,000
      31,210 SF

      31,000+ SF Showroom/Warehouse Space

      Free-standing building with showroom and warehouse space for lease.
      1 Furniture Ln, Batesville, AR
      View Details
    • $3,950,000
      60,998 SF

      Retail Center Near Lyon College

      Retail center with staggered lease expirations and ample parking.
      425-475 S St Louis St, Batesville, AR
      View Details
    • $225,000
      1,344 SF

      Retail

      2335 Harrison St, Batesville, AR 72501
      View Details
    • $225,000
      1,344 SF

      Commercial Property in Batesville, AR

      Commercial property in a dynamic business environment for sale.
      2335 Harrison St., Batesville, AR 72501
      View Details

    FAQs

    What type of property is this?
    Storefront property - 9,718 SF commercial building in Batesville's historic district.
    Where is this storefront property located?
    The property is located at 181 S Central Avenue Batesville, AR.
    What is the asking price?
    The asking price for this property is $466,464.
    What are key features of this property?
    This property features: Prime location in Batesville's Historic District near Main Street with high daily traffic (9,100).; Large 9,718 sq ft commercial building suitable for retail, dining, office, or multi‑business use.; Move‑in ready storefront with newer spray foam insulation, dressing rooms, office space, and plumbing for a kitchen.
    (870) 834-4231
    We can help!
    Listing Contact
    Sherlyn Orantes
    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

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