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

    2902 Catalpa Pine Bluff, AR 71603

    View on Map
    For Sale
    $95,000

    Traditional, Building and Land - Pine Bluff, AR

    Property size:
    3,600 SF
    Lot size:
    0.48 Acres
    Added:
    Sep 19, 2025
    Days on Market:
    195
    Last Refresh:
    Apr 1 at 5:06 pm

    Property Features for 2902 Catalpa

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking
    40
    Exterior features
    Partially Fenced
    Fencing
    Fenced, Partial
    Standard status
    Active
    Size
    3,600 SF
    Lot size
    0.48 Acres

    Taxes and HOA fees

    TaxAnnualAmount
    1895

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1969
    Floors in Building
    1
    Flooring type
    Carpet, Carpet - Partial, Vinyl
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    New Traditional

    We can help!

    Listing Contact
    Kelly Howard
    Kelly Howard

    Listing agent Kelly Howard

    Listing office Premier Real Estate Services 8424 Dollarway Rd., White Hall, AR

    Listing date Sep 19, 2025

    MLS# 25037673 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

    Commercial Building in Pine Bluff

    This commercial building, situated in a highly visible location, offers 3,600 square feet of space. The property features three separate offices, each with its own entrance. A long-term tenant currently occupies the building, providing immediate income for the new owner. The roof was recently replaced in 2023. The property is located in Pine Bluff, AR, with a lot size of 0.48 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Yes I Can ... Church Hygienic Service Hardware & Home Improvement Aci Building Systems ... Construction Company

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Pine Bluff
    County
    Jefferson
    State
    Arkansas
    Longitude
    -92.033927
    Latitude
    34.20011

    Nearby Similar for Sale

    • $400,000
      3,800 SF

      Mini Storages with Warehouse

      Mini storages with office, apartment, shed, and warehouse.
      310 N Hutchinson, Pine Bluff, AR 71602
      View Details
    • $399,900
      1,271 SF

      Remodeled Building on Sheridan Road

      Renovated building suitable for medical or retail use.
      6531 Sheridan Road, Pine Bluff, AR 71602
      View Details
    • $975,000
      12,000 SF

      Retail Building and Land Available

      12,000 SF retail building on 1.19 acres for sale.
      7101 Sheridan Road, Pine Bluff, AR 71602
      View Details
    • $1,000,000
      70,000 SF

      Pine Bluff Church on Four Acres

      Character-filled church on 4 acres with multiple potential uses.
      1801 W 17th Avenue, Pine Bluff, AR 71603
      View Details
    • $6,750
      12,000 SF

      Retail Building and Land Available

      12,000 SF retail building with high visibility location.
      7101 Sheridan Road, Pine Bluff, AR 71602
      View Details
    • $249,900
      5,000 SF

      Pine Bluff Commercial Property Available

      Retail and warehouse space in high-visibility Pine Bluff location.
      5525 Sulphur Springs Road, Pine Bluff, AR 71603
      View Details
    • $100,000
      1,681 SF

      Versatile Commercial Property For Sale

      Adaptable commercial building suitable for various business uses.
      1216 E Harding Avenue, Pine Bluff, AR 71601
      View Details
    • $199,900
      4,760 SF

      Refreshed Building and Land

      Two-story building with recent updates, ideal for various businesses.
      2309 E 6th Avenue, Pine Bluff, AR 71603
      View Details
    • $399,000
      1,637,856 SF

      Manufacturing Facility in Pine Bluff

      105,509 SF manufacturing facility on 3.5 acres for sale.
      1810 S Ohio Street, Pine Bluff, AR 71601
      View Details
    • $149,900
      6,000 SF

      Pine Bluff Office/Retail Opportunity

      6,000 SF building suitable for retail, office, or gym.
      3004 W 34TH, Pine Bluff, AR 71603
      View Details
    • $17,000
      2,220 SF

      Pine Bluff Retail Investment Property

      Retail property with additional land in Pine Bluff, Arkansas.
      1207 W 6th, Pine Bluff, AR 71601
      View Details
    • $172,500
      4,200 SF

      Former Animal Hospital in Pine Bluff

      4200 SF building with potential for multiple businesses.
      3701 S Olive Street, Pine Bluff, AR 71603
      View Details

    FAQs

    What type of property is this?
    Office building - Spacious commercial building with long-term tenant and immediate income.
    Where is this office building located?
    The property is located at 2902 Catalpa Pine Bluff, AR.
    What is the asking price?
    The asking price for this property is $95,000.
    What are key features of this property?
    This property features: Immediate income from a long‑term tenant.; High‑visibility location.; Spacious 3,600 sq ft commercial building.
    (870) 395-1999
    We can help!
    Listing Contact
    Kelly Howard
    Kelly Howard
    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!