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

    705 W 1St Ave Crossett, AR 71635

    View on Map
    Claim this Listing
    Picture of Storefront properties at 705 W 1St Ave, Crossett, AR
    For Sale
    $81,000

    Building and Land - Crossett, AR

    Property size:
    2,500 SF
    Lot size:
    0.15 Acres
    Price / SF:
    $32/SF
    Added:
    Oct 29, 2025
    Days on Market:
    181
    Last Refresh:
    Apr 27 at 3:06 pm

    Property Features for 705 W 1St Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Comm Impr
    Parking
    5
    Standard status
    Active
    APN
    706-00025-000
    Size
    2,500 SF
    Lot size
    0.15 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    837.87

    Utilities

    Heating system
    Central, Natural Gas
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1966
    Floors in Building
    1
    Flooring type
    Concrete, Vinyl
    Building materials
    Concrete
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Mandy Rawls
    Mandy Rawls

    Listing agent Mandy Rawls

    Listing office Rawls-Campbell Agency 211 Main St., Crossett, AR

    Listing date Oct 29, 2025

    MLS# 25043499 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

    Crossett Building and Land

    The listing is for a building and land located in Crossett, Arkansas. The property has 51 feet of frontage on a high-traffic road. The lot size is 0.15 acres. The building size is 2,500 square feet. The zoning is Comm Impr. The property is currently tenant-occupied.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Spa & Massage Center Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center Auto Parts Store Hotel & Motel

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

    Similar Places Nearby

    • Crossett Florist — 203 E 1st Ave, Crossett, AR 71635

    Location Insight

    • Map
    • Local Demand
    City
    Crossett
    County
    Ashley
    State
    Arkansas
    Longitude
    -91.981456
    Latitude
    33.136783

    Nearby Similar for Sale

    • $97,500
      2,560 SF

      Main Street Office Building

      Office building on Main Street in Crossett, Arkansas.
      310 Main St., Crossett, AR 71635
      View Details
    • $1,050,000
      5,204 SF

      Freestanding Medical Clinic For Sale

      5,204 SF medical clinic near Ashley County Medical Center.
      1019 Fred Lagrone Dr, Crossett, AR 71635
      View Details
    • $97,500
      2,560 SF

      Crossett Retail Storefront Opportunity

      Retail storefront property for sale in Crossett, Arkansas.
      310 Main St., Crossett, AR 71635
      View Details
    • $1,495,000
      21,558 SF

      Crossett Office Building For Sale

      Office building with 21,558 square feet of space.
      King Cir, Crossett, AR
      View Details
    • $500,000
      2,614 SF

      Kentucky Fried Chicken Restaurant Opportunity

      Built-out restaurant business for sale in Crossett, Arkansas.
      201 E 1st Ave, Crossett, AR 71635
      View Details
    • $795,000
      55,239 SF

      Crossett Warehouse and Office Buildings

      Warehouse and office buildings on 2.3 acres in Crossett.
      403 Texas St, Crossett, AR
      View Details

    FAQs

    What type of property is this?
    Storefront property - Building and land for sale in Crossett, Arkansas.
    Where is this storefront property located?
    The property is located at 705 W 1St Ave Crossett, AR.
    What is the asking price?
    The asking price for this property is $81,000.
    What are key features of this property?
    This property features: Great visibility with **high traffic road frontage (51')**; **Building and land included** in the sale; Durable **concrete construction**
    (870) 500-5607
    We can help!
    Listing Contact
    Mandy Rawls
    Mandy Rawls
    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!