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

    508 & 510 South Elm Searcy, AR 72143

    View on Map
    Claim this Listing
    For Sale
    $250,000

    Building and Land - Searcy, AR

    Property size:
    34,301 SF
    Lot size:
    0.79 Acres
    Added:
    Feb 24, 2026
    Days on Market:
    49
    Last Refresh:
    Apr 14 at 11:06 pm

    Property Features for 508 & 510 South Elm

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    34,301 SF
    Lot size
    0.79 Acres

    Taxes and HOA fees

    Tax Annual Amount
    480

    Building Details

    Year built
    1993
    Floors in Building
    1
    Architectural style
    Other

    We can help!

    Listing Contact
    Stacy Smith

    Listing agent Stacy Smith

    Listing office Vylla Home 2519 Military Rd., Suite A, Benton, AR

    Listing date Feb 24, 2026

    MLS# 26007175 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 Land at Busy Intersection

    This commercial land, zoned C-4 Commercial, is located at the intersection of Beebe Capps (Mulberry) and South Elm in Searcy, Arkansas. The property includes city services and all utilities. The lot size is 0.79 acres, equivalent to 34301 square feet. A metal building of approximately 600 sq ft is situated on parcel 016-03580-000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    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
    Searcy
    County
    White
    State
    Arkansas
    Longitude
    -91.740493
    Latitude
    35.244428

    Nearby Similar for Sale

    • $749,000
      12,000 SF

      Searcy Flex-Space Industrial Building

      12,000 SF flex building in high-demand commercial corridor.
      608 E Booth, Searcy, AR 72143
      View Details
    • $7,000
      12,000 SF

      Searcy Flex-Space Opportunity

      Versatile 12,000 SF industrial/flex building in high-demand commercial corridor.
      608 E Booth, Searcy, AR 72143
      View Details
    • $840,000
      11,650 SF

      Industrial Building and Land Available

      Industrial building with office space and land near highway.
      2903 Shiloh Road, Searcy, AR 72143-9999
      View Details
    • $2,500
      3,701 SF

      Renovated Office Space Near I57

      Updated office space featuring 11 offices, conference room, and kitchen.
      2220 Taylor Road, Searcy, AR 72143
      View Details
    • Contact for pricing
      9,000 SF

      Retail Space in Searcy, AR

      Retail space with high visibility near national restaurants.
      Janet Drive, Searcy, AR 72143
      View Details
    • $300,000
      3,746 SF

      Downtown Searcy Building and Land

      Building in the heart of downtown Searcy, Arkansas.
      311 N Spruce, Searcy, AR 72143
      View Details
    • $1,070,000
      6,762 SF

      New Construction Triplexes and Duplex

      New construction triplexes and duplex near schools and city conveniences.
      508 and 510 N Oak St, Searcy, AR 72143
      View Details
    • $35,000

      Scenic Acreage in Searcy, Arkansas

      Three-acre property near Searcy, build-ready site with forest views.
      256 Rambo Loop, Searcy, AR 72143
      View Details
    • $600,000
      97,574 SF

      Prime Development Site in Searcy

      2.24-acre commercial land with high visibility and versatile zoning.
      Lot 2B Beebe Capps Expressway, Searcy, AR 72143
      View Details
    • $900,000
      82,764 SF

      Prime Development Site in Searcy

      1.9-acre commercial land with high visibility in Searcy, AR.
      Lot 2A Beebe Capps Expressway, Searcy, AR 72143
      View Details
    • $45,000

      Unrestricted Land in Searcy, AR

      2.44-acre unrestricted property ready for your vision in Searcy.
      000 Fairview Road, Searcy, AR 72143
      View Details
    • $1,200,000
      11,178 SF

      Searcy Apartment Complex For Sale

      12-unit apartment complex in Searcy, Arkansas with recent upgrades.
      300 N Clinic Street, Searcy, AR 72143-4609
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land with utilities on a corner lot.
    Where is this commercial land located?
    The property is located at 508 & 510 South Elm Searcy, AR.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: C‑4 Commercial Zoning; High‑Traffic Corner Lot at Beebe Capps (Mulberry) & South Elm Intersection; All City Services Available
    (870) 692-9421
    We can help!
    Listing Contact
    Stacy Smith
    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!