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    Insulated Red Iron Shop with RV Hookups Title is generated by Realmo AI

    1907 Horne ST, Lavaca, AR 72941

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    Claim this Listing
    New
    For Sale
    $100,000

    COMMERCIAL - Lavaca, AR

    Property size:
    2,400 SF
    Lot size:
    0.50 Acres
    Price / SF:
    $41/SF
    Added:
    Jun 4, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 5 at 4:06 am

    Property Features for 1907 Horne ST

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    2,400 SF
    Lot size
    0.50 Acres

    Taxes and HOA fees

    Tax Description
    See tax records

    Building Details

    Year built
    2006
    Flooring type
    Concrete
    Roof type
    Metal

    We can help!

    Listing Contact
    Team Williams

    Listing agent Team Williams

    Listing office O'Neal Real Estate- Fort Smith 2500 Rogers Ave. Suite 1, Roland, AR

    Listing date Jun 4, 2026

    MLS# 1089536

    Copyright © 2026 Western River Valley Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Approximately 1/2‑acre property with a 40' x 60' insulated red iron shop offering about 2,400 SF of workspace
    • Built in 2006 on a concrete slab with approximately 17‑foot sidewalls for large equipment, vehicles, RVs, boats, or trailers
    • Insulated metal shop with metal roof and concrete flooring
    • Equipped with 220‑volt electrical service, oversized garage doors, upstairs storage space, and RV hookups
    • Zoned R2

    Overview

    This for-sale shop building offers a versatile 40' x 60' layout totaling approximately 2,400 square feet. The structure is insulated red iron, constructed on a concrete slab with approximately 17-foot sidewalls for clear, workable space. The property includes oversized garage doors, upstairs storage space, and 220-volt electrical service to support a range of commercial or hands-on uses. RV hookups are also in place, adding utility for equipment and vehicle-related operations.

    The building sits on approximately one-half acre and is located in Lavaca, Arkansas in Sebastian County. The property is zoned R2. Vehicle and large-item access is supported by the oversized garage doors, and the included storage and interior work areas are suited to operations requiring both shop space and material or equipment staging.

    This asset is a practical fit for buyers seeking a flexible workshop or operations space, particularly for vehicle and equipment storage, automotive or repair-related work, or light fabrication and contractor use where insulated, slab-on-grade shop space and substantial door openings are important. With the existing electrical service, interior layout, and additional upstairs storage, it provides a turnkey starting point for an owner-operator or small business looking to run day-to-day activities on-site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Restaurant Building Supply Dental Office Spa & Massage Center Hair Salon Pharmacy Nail Salon Storage Facility Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Lavaca
    County
    Sebastian
    State
    Arkansas
    Longitude
    -94.1422
    Latitude
    35.3532

    Nearby Similar for Sale

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    • $934,750

      Lavaca Ranch with Fenced Pastures

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    FAQs

    What type of property is this?
    Flex space - Versatile insulated shop with 220-volt power, oversized doors, and upstairs storage for vehicles, equipment, or light fabrication.
    Where is this flex space located?
    The property is located at 1907 Horne ST Lavaca, AR.
    What is the asking price?
    The asking price for this property is $100,000.
    What are key features of this property?
    This property features: Approximately 1/2‑acre property with a 40' x 60' insulated red iron shop offering about 2,400 SF of workspace; Built in 2006 on a concrete slab with approximately 17‑foot sidewalls for large equipment, vehicles, RVs, boats, or trailers; Insulated metal shop with metal roof and concrete flooring
    (918) 774-5743
    We can help!
    Listing Contact
    Team Williams
    Request Owner's contact information
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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.

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