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

    6614 GAMMON ROAD Marion, AR 72364

    View on Map
    Claim this Listing
    Pending
    $148,000

    LAND - Marion, AR

    Lot size:
    8.52 Acres
    Added:
    Mar 5, 2026
    Days on Market:
    47
    Last Refresh:
    Apr 21 at 9:06 am

    Property Features for 6614 GAMMON ROAD

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    APN
    201492320040
    Lot size
    8.52 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    PLAT BK 5 PG 567-SCANNED PROTECTIVE COVENANTS 2022-06193-SCANNED
    Tax Annual Amount
    1393

    We can help!

    Listing Contact
    Kindale Briggs
    Kindale Briggs

    Listing agent Kindale Briggs License #000855321

    Listing office LAUGHTER REALTY, INC 610 N MISSOURI, West Memphis, AR

    Listing date Mar 5, 2026

    MLS# 45221 Listing URL

    Copyright © 2026 Eastern Arkansas REALTORS® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    8.5 Acres Near Marion, AR

    This 8.5-acre property is located just outside of Marion, Arkansas. The land offers open rural views and peaceful surroundings, providing space and privacy. Its location near the interstate allows for convenient commutes to Memphis and surrounding areas. This property is suitable for building a home or for land investment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Marion
    County
    Crittenden
    State
    Arkansas
    Longitude
    -90.111134
    Latitude
    35.226163

    Nearby Similar for Sale

    • $625,000
      2,100 SF

      Marion, AR Office/Retail Space

      Office/Retail space with excellent highway visibility in a growing area.
      2692 STATE HIGHWAY 77, Marion, AR 72364
      View Details
    • $89,900

      Commercial Property in Marion, AR

      Commercial property for sale in the heart of Marion.
      216 PINE STREET, Marion, AR 72364
      View Details
    • $4,500

      Land For Sale, Marion, AR

      Commercial land available in Marion, Arkansas.
      31 N BRISTOL ROAD, Marion, AR 72364
      View Details
    • $69,900

      Residential Lot in Desirable Neighborhood

      0.93 acre residential lot in Marion, 15 minutes from Memphis.
      0 Lot 2 Marion Lake Road, Marion, AR 72364
      View Details
    • $650,000
      1,600 SF

      Marion, AR Land and Building

      2-acre property with a 1,600 sq ft building in Marion.
      2687 State Highway 77 S, Marion, AR 72364
      View Details
    • $159,000
      1,400 SF

      Marion, AR Duplex Investment

      Duplex in Marion, AR, great investment opportunity.
      308 GANNT ROAD, Marion, AR 72364
      View Details
    • $50,000

      20 Acres Hunting Land

      20 acres of prime hunting land along the Mississippi River.
      Marion, AR 72364
      View Details
    • $6

      Commercial Land Near I-55

      1.58 acres of commercial land with flexible use options.
      I-55 Service Road at US 64, Marion, AR 72364
      View Details
    • Contact for pricing
      573,886 SF

      Marion Manufacturing Facility For Sale

      573,886 SF manufacturing facility with expansion potential.
      100 Hino Boulevard, Marion, AR, 72364
      View Details
    • $2,898,216
      3,258 SF

      Zaxby's NNN Investment Opportunity

      NNN leased Zaxby's on 1.07 acres in Marion, AR.
      306 Bancario Rd, Marion, AR 72364
      View Details
    • $159,000
      1,400 SF

      Marion AR Duplex For Sale

      Duplex in Marion, Arkansas, suitable for investment.
      310 GANNT ROAD, Marion, AR 72364
      View Details
    • $165,900
      1,798 SF

      Marion, AR All-Electric Duplex

      All-electric duplex in Marion, AR, fully leased.
      318 GANNT ROAD, Marion, AR 72364
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 8.5-acre property near Marion, Arkansas, ideal for building or investment.
    Where is this residential land & home lot located?
    The property is located at 6614 GAMMON ROAD Marion, AR.
    What is the asking price?
    The asking price for this property is $148,000.
    What are key features of this property?
    This property features: 8. 5‑acre property offering ample space and privacy.; Conveniently located near the interstate for easy commute to Memphis and surrounding areas.; Ideal for building a dream home or land investment.
    (901) 485-0270
    We can help!
    Listing Contact
    Kindale Briggs
    Kindale Briggs
    Real Estate License ID: 000855321
    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!