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

    TBD Kimmel RD Centerton, AR 72719

    View on Map
    For Sale
    $1,225,000

    Development Potential - Centerton, AR

    Lot size:
    11.09 Acres
    Added:
    Aug 25, 2024
    Days on Market:
    590
    Last Refresh:
    Apr 6 at 3:06 am

    Property Features for TBD Kimmel RD

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Agricultural
    Exterior features
    Fence
    Fencing
    Fenced
    Standard status
    Active
    APN
    06-00001-003
    Lot size
    11.09 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    K'dora Couch

    Listing agent K'dora Couch

    Listing office Smith and Associates Real Estate Services 1108 N. College Ave, Fayetteville, AR

    Listing date Aug 25, 2024

    MLS# 1282225 Listing URL

    Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Centerton Land with Development Potential

    This is an expansive 11.09-acre parcel of cleared land, which includes some flood plain. Situated in a rapidly developing area, the property is surrounded by evolving residential and commercial developments. This open land offers various development possibilities. A recent survey has been conducted on the property. An additional 11.09 adjoining acres from a separate seller is available for purchase.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Centerton
    County
    Benton
    State
    Arkansas
    Longitude
    -94.260086
    Latitude
    36.351517

    Nearby Similar for Sale

    • $14
      3,801 SF

      Renovated Office Space in Centerton

      Recently renovated office space with flexible layout and ample parking.
      974 Main ST, Centerton, AR 72719
      View Details
    • $524,950
      3,247 SF

      Centerton Duplex: Investor Opportunity

      Turnkey duplex near Walmart HQ, generating ~$36,900/year.
      212 & 214 Copper Oaks DR, Centerton, AR 72719
      View Details
    • $624,960
      2,880 SF

      New Construction Duplex in Centerton

      New duplex with modern amenities, ideal for investors or homeowners.
      190 & 192 E 2nd ST, Centerton, AR 72719
      View Details
    • $499,000
      2,545 SF

      Centerton Duplex Investment Opportunity

      Fully leased duplex in a rapidly growing Centerton market.
      929-931 Kensington DR, Centerton, AR 72719
      View Details
    • $18
      4,450 SF

      Centerton Retail Space Available

      Retail space in growing Centerton, near high-traffic Centerton Blvd.
      504 E Centerton BLVD Unit #560-562, Centerton, AR 72719
      View Details
    • $519,950
      2,992 SF

      Centerton Duplex: Investment Opportunity

      2017-built duplex in Centerton with spacious units and garages.
      860 & 862 Oakwood CT, Centerton, AR 72719
      View Details
    • $499,000
      2,595 SF

      Centerton Duplex: Investment or Owner-Occupancy

      Versatile duplex with income potential and owner-occupant flexibility.
      912-914 Oakwood LN, Centerton, AR 72719
      View Details
    • $1,734,480
      7,982 SF

      New Construction Multifamily Investment Opportunity

      New 5-unit multifamily property with strong rental appeal.
      1901-1941 Lapis AVE, Centerton, AR 72719
      View Details
    • $1,734,480
      7,982 SF

      New Multifamily Townhomes in Centerton

      New construction 5-unit multifamily property with strong rental appeal.
      1951-1991 Lapis AVE, Centerton, AR 72719
      View Details
    • $489,000
      2,672 SF

      Centerton Duplex: Turnkey Investment

      Centerton duplex with strong rental income potential near Hwy 102.
      286-288 Copper Oaks DR, Centerton, AR 72719
      View Details
    • $544,587

      Centerton Commercial Lot on Highway

      Commercial lot with highway frontage in Woodcrest Walk Subdivision.
      Lot 107 W Centerton BLVD, Centerton, AR 72719
      View Details
    • $425,000
      3,663 SF

      Centerton Retail/Office Development Opportunity

      Retail or office development opportunity in a growing Arkansas city.
      392 N Main ST, Centerton, AR 72719
      View Details

    FAQs

    What type of property is this?
    Land - Cleared 11.09-acre land parcel in a rapidly developing area.
    Where is this land located?
    The property is located at TBD Kimmel RD Centerton, AR.
    What is the asking price?
    The asking price for this property is $1,225,000.
    What are key features of this property?
    This property features: Expansive 11.09 acres of cleared land.; Located in a rapidly developing area.; Endless possibilities for development.
    (479) 225-6995
    We can help!
    Listing Contact
    K'dora Couch
    Real Estate License ID: SA00083184
    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!