Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Residential Lots in Center Ridge Title is generated by Realmo AI

    0 Catholic Point Road, Center Ridge, AR 72027

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Residential Lot - Center Ridge, AR

    Lot size:
    0.73 Acres
    Added:
    Jan 30, 2025
    Days on Market:
    469
    Last Refresh:
    May 14 at 3:06 pm

    Property Features for 0 Catholic Point Road

    General Information

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

    Taxes and HOA fees

    Tax Annual Amount
    741

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Kassidy Barnes

    Listing agent Kassidy Barnes

    Listing office New Heights Realty 410 E. Court St. (P.O. Box 543), Jasper, AR

    Listing date Jan 30, 2025

    MLS# 25003889 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.

    HighLights

    • Two large lots totaling 1.46 acres.
    • No restrictions on land use.
    • Located outside of city limits.
    • Mobile homes are allowed.
    • Suitable building site for a new home.
    • Located behind Superior Heat and Air in Center Ridge.

    Overview

    Two 0.73-acre residential lots are available for sale. Located outside city limits in Center Ridge, Arkansas, the lots have no restrictions and are suitable for mobile homes or building a new home. The lots are located behind Superior Heat and Air.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Center Ridge
    County
    Conway
    State
    Arkansas
    Longitude
    -92.564915
    Latitude
    35.330377

    Nearby Similar for Sale

    • $325,000
      4,454 SF

      Center Ridge Retail Opportunity

      Retail property on State Highway Frontage in Center Ridge, AR.
      00 HWY 9 Highway, Center Ridge, AR 72027
      View Details
    • $422,480
      1,500 SF

      Remodeled Farmhouse with Fenced Pastures

      40-acre farm with remodeled home, pastures, and entertainment space.
      230 Ceder Creek Rd, Center Ridge, AR 72027
      View Details
    • $29,900

      Center Ridge Acreage for Sale

      Three-acre lot in Center Ridge, utilities available at road.
      lot 5 Grandview, Center Ridge, AR 72027
      View Details
    • $29,900

      Center Ridge Acreage for Building

      2.97 acre lot suitable for building a home.
      lot 7 Grandview, Center Ridge, AR 72027
      View Details
    • $29,900

      Center Ridge Acreage for Sale

      Three-acre lot in Center Ridge, Arkansas, suitable for building.
      lot 6 Grandview, Center Ridge, AR 72027
      View Details
    • $29,900

      Residential Lot in Center Ridge

      3-acre residential lot suitable for building a home.
      lot 3 Grandview, Center Ridge, AR 72027
      View Details
    • $29,900

      Center Ridge Acreage for Sale

      Three-acre lot in Center Ridge, Arkansas, suitable for building.
      lot 4 Grandview, Center Ridge, AR 72027
      View Details
    • $182,000

      Center Ridge Acreage For Sale

      33.51 acres of wooded land near Damascus, Arkansas.
      990 Mahan Drive, Center Ridge, AR 72027-8410
      View Details
    • $25,000

      Residential Lots in Center Ridge

      Two 0.73 acre residential lots, ideal for building.
      00 Catholic Point Road, Center Ridge, AR 72027
      View Details

    FAQs

    What type of property is this?
    Land - Two 0.73 acre residential lots for sale.
    Where is this land located?
    The property is located at 0 Catholic Point Road Center Ridge, AR.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Two large lots totaling 1.46 acres.; No restrictions on land use.; Located outside of city limits.
    (501) 289-8255
    We can help!
    Listing Contact
    Kassidy Barnes
    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

    Thank You for Inquiry
    0 Catholic Point Road, Center Ridge, AR 72027
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!