Your AI Navigator in Commercial Real Estate
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

    603 W Main St Marshall, AR 72650

    Sponsored
    For Sale
    $110,000

    Acreage - Marshall, AR

    Lot size:
    0.74 Acres
    Days on Market:
    8
    Last Refresh:
    Jan 20 at 11:06 am

    Property Features for 603 W Main St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.74 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Gene Griffith

    Mid South Land and Homes (870) 504-0854

    Listing agent Gene Griffith (870) 504-0854

    Listing date Jan 13, 2026

    MLS# 26002035 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.

    Learn more

    Property Insight Report

    Overview

    Marshall, AR Acreage For Sale

    This surveyed 0.74-acre lot is located in Marshall, Arkansas 72650, and features frontage along Highway 65 and West Main Street. The property offers potential for commercial or residential development. It is currently generating income through a month-to-month rental to a portable building sales company, providing flexibility for future use or redevelopment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Marshall
    County
    Searcy
    State
    Arkansas
    Longitude
    -92.641274
    Latitude
    35.911674

    Nearby Similar for Sale

    • $325,000
      4,942 SF

      Income-Generating Multi-Unit Property

      House and four-unit apartment building with income potential.
      300 Range St, Marshall, AR 72650
      View Details
    • $325,000
      4,942 SF

      Marshall, AR Multi-Unit Investment Property

      House and 4-unit apartment building with income potential in Marshall.
      300 Range St, Marshall, AR 72650
      View Details
    • $500,000
      16,136 SF

      Spacious Church Building on Large Lot

      16,000 SF church on 6.36 acres in Marshall, AR.
      224 Mills Ln, Marshall, AR 72650
      View Details
    • $500,000
      16,136 SF

      Marshall Church Building on Acreage

      Spacious church building on 6.36 acres in Marshall, AR.
      224 Mills Ln, Marshall, AR 72650
      View Details
    • $135,000
      2,400 SF

      Auto Repair Shop on Highway

      Auto repair shop with highway frontage and truck bays.
      501 E Main St, Marshall, AR 72650
      View Details
    • $199,900
      2,660 SF

      Marshall, AR Restaurant Opportunity

      Restaurant property with high visibility and large parking lot.
      740 Highway 65 N, Marshall, AR 72650
      View Details
    • $575,000

      48 Acre Property with Guest House

      48 acres with custom home, guest house, and mountain views.
      1171 Highway 377, Marshall, AR 72650
      View Details
    • $135,000
      0.06 Acres

      Marshall, AR Commercial Land Opportunity

      Prime 0.06-acre lot, $135,000. Ideal for development.
      Main St, Marshall, AR 72650
      View Details
    • Contact for pricing
      0.25 Acres

      Prime Marshall, AR Commercial Lot

      0.25-Acre Commercial Land, Hwy 65 N
      607 Highway 65, Marshall, AR 72650
      View Details
    • $295,000
      0.14 Acres

      Prime Marshall, AR Commercial Lot

      0.14-Acre Commercial Land, $295,000
      103 Main St, Marshall, AR 72650
      View Details
    • $269,000
      0.14 Acres

      Prime Marshall, AR Commercial Lot

      0.14-Acre Commercial Land, $269,000
      Main St, Marshall, AR 72650
      View Details
    • $295,000
      0.61 Acres

      Prime Marshall, AR Land Opportunity

      0.61-acre lot, $295,000
      100 Lynn St, Marshall, AR 72650
      View Details

    FAQs

    What type of property is this?
    Commercial land - 0.74-acre lot with frontage on Highway 65 and West Main.
    Where is this commercial land located?
    The property is located at 603 W Main St Marshall, AR.
    What is the asking price?
    The asking price for this property is $110,000.
    What are key features of this property?
    This property features: - High-visibility location with frontage on Highway 65 and West Main Street.; - 0.74-acre surveyed lot suitable for commercial or residential development.; - Income-generating property with existing month-to-month rental agreement.
    (870) 504-0854
    Request Owner's contact information
    603 W Main St Marshall, AR 72650
    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.
    603 W Main St
    Marshall, AR 72650
    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
    603 W Main St Marshall, AR 72650
    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
    Gene Griffith
    (870) 504-0854
    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.