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

    87 Decker Dr Morrilton, AR 72110

    Sponsored
    For Sale
    $450,000

    Medical/Dental - Morrilton, AR

    Property size:
    4,670 SF
    Lot size:
    2.42 Acres
    Days on Market:
    119
    Last Refresh:
    Jan 20 at 2:06 am

    Property Features for 87 Decker Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    001-05761-000
    Size
    4,670 SF
    Lot size
    2.42 Acres

    Utilities

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

    Building Details

    Year built
    1980
    Flooring type
    Carpet, Tile
    Building materials
    Stucco
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Sue A Strait
    Sue A Strait

    River Valley Realty, Inc (479) 968-6260

    Listing agent Sue Strait (479) 968-6260

    Listing date Sep 24, 2025

    MLS# AV25-500 Listing URL

    Copyright © 2026 Northwest Arkansas Board of REALTORS®. 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

    Versatile Building on 2.42 Acres

    This versatile commercial building is located just outside the city limits on 2.42 acres. The former church building has a new roof installed in 2024. The property is currently vacant and ready for immediate use. The building's spacious layout, high ceilings, and open floor plan provide a canvas for various uses, including a place of worship, a community center, office space, or an event venue. The property size is 4,670 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Churches & religious facilities

    Map

    City
    Morrilton
    County
    Conway
    State
    Arkansas
    Longitude
    -92.737792
    Latitude
    35.207157

    Nearby Similar for Sale

    • $125,000
      1,979 SF

      Charming Duplex in Morrilton, Arkansas

      Fully rented duplex with original charm and recent upgrades.
      200 N Morrill St, Morrilton, AR 72110
      View Details
    • New
      $500,000
      2,881 SF

      Morrilton Restaurant, Bar, and Land

      Established restaurant and bar with real estate for sale.
      1222-1/2 E Broadway St, Morrilton, AR 72110
      View Details
    • $195,000
      2,560 SF

      Morrilton Duplex: Income Opportunity

      Two-unit duplex in Morrilton, AR, ideal for rental income.
      401 Lane St, Morrilton, AR 72110
      View Details
    • $209,900
      2,500 SF

      Morrilton Retail Building and Land

      2500 sq ft building with high visibility in Morrilton.
      100-102 W Broadway St, Morrilton, AR 72110
      View Details
    • $649,000
      18,972 SF

      Morrilton Warehouse with Showroom/Office Space

      18,972 SF building on 3.61 acres with showroom/warehouse.
      1215 E Broadway St, Morrilton, AR 72110
      View Details
    • $330,000
      8,800 SF

      Morrilton Self-Storage and Rental

      Self-storage facility with single-family rental on 1.9 acres.
      2452 Highway 9, Morrilton, AR 72110
      View Details
    • $199,900
      2,184 SF

      Morrilton Apartments: Income-Producing Property

      Well-maintained five-unit apartment building with consistent occupancy and updated amenities.
      2447 Hwy 9 Hwy, Morrilton, AR 72110
      View Details
    • $150,000
      1,878 SF

      Morrilton Duplex Investment Opportunity

      Duplex in high demand, ready for new ownership.
      903 S Moose St, Morrilton, AR 72110
      View Details
    • $150,000
      1,878 SF

      Morrilton Duplex Investment Opportunity

      Duplex in Morrilton, AR, ideal for real estate investment.
      901 S Moose St, Morrilton, AR 72110
      View Details
    • $259,000
      1,464 SF

      Established Pawn Shop For Sale

      Pawn shop with licenses and security system in place.
      300 W Broadway St, Morrilton, AR 72110
      View Details
    • $1,395,000
      9,369 SF

      Retail Building For Sale

      9,369 SF retail building on 0.88 acres.
      1313 E Broadway St, Morrilton, AR 72110
      View Details
    • $299,500
      2.05 Acres

      Prime Morrilton Medical Property

      2.05 Acres, $299,500 - Investment Opportunity
      Medical Services Dr, Morrilton, AR 72110
      View Details

    FAQs

    What type of property is this?
    Church & religious facility - Commercial building on 2.42 acres, endless opportunities for business.
    Where is this church & religious facility located?
    The property is located at 87 Decker Dr Morrilton, AR.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Versatile commercial building with many permitted uses such as place of worship, community center, office space, event venue, etc.; - Large 2.42-acre lot located just outside the city limits.; - New roof installed in 2024.
    (479) 968-6260
    Request Owner's contact information
    87 Decker Dr Morrilton, AR 72110
    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.
    87 Decker Dr
    Morrilton, AR 72110
    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
    87 Decker Dr Morrilton, AR 72110
    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
    Sue A Strait
    Sue A Strait
    Real Estate License ID: EB00046388
    (479) 968-6260
    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.