Sign Up Successful!
You now have access to more from Realmo!
    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

    226 Lee St Clarksville, AR 72830

    Sponsored
    For Sale
    $600,000

    Mixed Use - Clarksville, AR

    Type:Mixed Use
    Lot size:
    80.00 Acres
    Days on Market:
    252
    Last Refresh:
    Jan 25 at 8:06 pm

    Property Features for 226 Lee St

    General Information

    Property type
    Land
    Property subtype
    Mixed Use
    Standard status
    Active
    APN
    002-01952-006, 002-01952-004, 001-04987-000
    Lot size
    80.00 Acres

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Jacob Moore
    Jacob Moore

    Moore and Company REALTORS (479) 968-3300

    Listing agent Jacob Moore (479) 705-3302

    Listing date May 19, 2025

    MLS# AV24-1700 Listing URL

    Copyright © 2026 Northwest Arkansas 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.

    Learn more

    Property Insight Report

    Overview

    80 Acres Near Downtown

    This mixed-use property features 80 acres located minutes from downtown Clarksville, Arkansas. The land includes multiple pastures, a barn, a garage, and a smoke house. A 3-bedroom, 1.5-bath home is also situated on the property. Mineral rights convey with the property, making it suitable for a homestead.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Spa & Massage Auto Repair Shop Hair Salon Clothing Store Nail Salon HVAC Service Veterinary Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Clarksville
    County
    Johnson
    State
    Arkansas
    Longitude
    -93.463365
    Latitude
    35.492971

    Nearby Similar for Sale

    • $274,900
      31,449 SF

      Historic Church in Downtown Clarksville

      Majestic historic church with versatile space in downtown Clarksville, AR.
      212 N College Ave, Clarksville, AR 72830
      View Details
    • $499,000
      7,500 SF

      Clarksville Retail Building For Sale

      7,500 SF retail building off Exit 55 in Clarksville.
      2703 W Main St, Clarksville, AR 72830
      View Details
    • $325,000
      3,696 SF

      Clarksville Auto Service Garage For Sale

      Multipurpose 3,696 sqft building with office, parking, and garage doors.
      1406 W Main St, Clarksville, AR 72830
      View Details
    • $600,000
      80.00 Acres

      80 Acres Near Downtown

      80-acre property with pastures, barn, home, near downtown Clarksville.
      226 Lee St, Clarksville, AR 72830
      View Details
    • $99,900
      1,024 SF

      Remodeled Building in Historic District

      Remodeled 1911 building in Clarksville's Historic Downtown District.
      115 N Fulton St, Clarksville, AR 72830
      View Details
    • $1,175,000
      77.79 Acres

      Poultry Farm with Active Contract

      77.79 acre poultry farm with active OK Foods contract.
      000 County Road 3335, Clarksville, AR 72830
      View Details
    • $122,000
      1,380 SF

      Remodeled Commercial Building in Clarksville

      Historic 1911 building, remodeled for retail or office use.
      113 N Fulton St, Clarksville, AR 72830
      View Details
    • $179,500
      1,440 SF

      Clarksville Duplex: Investment Opportunity

      Well-maintained duplex in Clarksville, AR, generating strong rental income.
      1107 Reynolds St St, Clarksville, AR 72830
      View Details
    • $300,000
      6,593 SF

      Clarksville Commercial Building on Main

      Commercial building on high-visibility street in Clarksville, Arkansas.
      1622 W Main & Cherry St, Clarksville, AR 72830
      View Details
    • $550,000
      2,400 SF

      Versatile Property with Insulated Metal Shop

      5.21 acres with shop, cottage, and lake.
      322 Cr 3538, Clarksville, AR 72830
      View Details
    • Contact for pricing
      1,650 SF

      Clarksville Commercial Space on Rogers

      High-traffic commercial space with endless possibilities in Clarksville, Arkansas.
      1151 S Rogers St, Clarksville, AR 72830
      View Details
    • $3,900,000
      160,000 SF

      Former Manufacturing Facility on 17 Acres

      17 acres with multiple buildings, suitable for various uses.
      2015 Ar-123 Hwy, Clarksville, AR 72846
      View Details

    FAQs

    What type of property is this?
    Farm - 80-acre mixed-use property with home, barn, and mineral rights.
    Where is this farm located?
    The property is located at 226 Lee St Clarksville, AR.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: - 80 acres of land close to downtown Clarksville; - Mineral rights convey with property; - Includes a 3 bedroom, 1.5 bath home
    (479) 968-3300
    Request Owner's contact information
    226 Lee St Clarksville, AR 72830
    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.
    226 Lee St
    Clarksville, AR 72830
    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
    226 Lee St Clarksville, AR 72830
    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

    We can help!
    Listing Contact
    Jacob Moore
    Jacob Moore
    Real Estate License ID: SA00073269
    (479) 968-3300
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.