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

    Tallon Drive lot 17 Clarksville, AR 72830

    View on Map
    Claim this Listing
    For Sale
    $69,900

    LAND - Clarksville, AR

    Lot size:
    6.20 Acres
    Added:
    Apr 29, 2025
    Days on Market:
    356
    Last Refresh:
    Apr 19 at 2:06 am

    Property Features for Tallon Drive lot 17

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    002-01939-043
    Lot size
    6.20 Acres

    Taxes and HOA fees

    Tax Description
    OUTLOTS C 17-09-23 17-09-23
    Tax Annual Amount
    931

    Utilities

    Sewer type
    Septic Needed

    We can help!

    Listing Contact
    Sarah Ledford

    Listing agent Sarah Ledford License #SA00065621

    Listing office Patriot Company Real Estate 1201 W Main St, Russellville, AR

    Listing date Apr 29, 2025

    MLS# 1306257 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

    6.20 Acres in Clarksville, AR

    This 6.20-acre property is located in Clarksville, AR, and offers space and convenience. It is situated minutes from Walmart and other major amenities, making it suitable for building a custom home in a growing area. The land provides room for privacy, outdoor living, or the addition of a guest house or workshop, offering flexibility to create a personalized space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Clarksville
    County
    Johnson
    State
    Arkansas
    Longitude
    -93.430441
    Latitude
    35.50465

    Nearby Similar for Sale

    • $399,900
      5,464 SF

      Versatile Commercial Property Near University

      Adaptable building near University of the Ozarks, ideal for redevelopment.
      706 N Brown St., Clarksville, AR 72830
      View Details
    • $179,000
      3,530 SF

      Remodeled Commercial Building in Downtown Clarksville

      Versatile commercial property in historic downtown Clarksville with dual-use potential.
      150 W Main Street, Clarksville, AR 72830
      View Details
    • $239,900
      31,449 SF

      Historic Church with Flexible Space

      Landmark church in downtown Clarksville with redevelopment potential.
      212 N College, Clarksville, AR 72830
      View Details
    • $999,000
      7,686 SF

      Industrial Property with Interstate Visibility

      12.5 acre industrial property with 7,686 SF building for sale.
      320 Massengale Rd, Clarksville, AR 72830
      View Details
    • $39,900

      Commercial Lot Near Interstate 40

      1.7 acre commercial lot with highway frontage near I-40.
      10383 Highway 352, Clarksville, AR 72830
      View Details
    • $225,000
      1,950 SF

      Clarksville Commercial Building For Sale

      Commercial building in downtown Clarksville, suitable for retail or office.
      501 W MAIN Street, Clarksville, AR 72830
      View Details
    • $135,000
      640 SF

      Historic Building on High-Traffic Corner

      Historic building on a high-traffic corner suitable for business.
      1051 Main Street, Clarksville, AR 72830
      View Details
    • $350,000

      Clarksville Acreage with I-40 Access

      Undeveloped land parcel with high visibility and easy highway access.
      1410 Dunwood Drive, Clarksville, AR 72830-5027
      View Details
    • $259,900
      2,500 SF

      Clarksville Duplex: Remodeled Investment Property

      Remodeled duplex in Clarksville, AR, ready for rental income.
      608-610 Lucas Street, Clarksville, AR 72830
      View Details
    • $350,000

      Clarksville Land with I-40 Access

      Undeveloped land parcel with high visibility and multifamily potential.
      1410 Dunwood Drive, Clarksville, AR 72830
      View Details
    • $499,000

      Clarksville Land For Sale

      19.57 acre commercial land in Clarksville, Arkansas.
      POPLAR Street, Clarksville, AR 72830
      View Details
    • $345,000

      Undeveloped Land Near I-40

      20.99 acres of platted, undeveloped land near I-40.
      SHADY GROVE Road, Clarksville, AR 72830
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 6.20-acre property ideal for building a custom home.
    Where is this residential land & home lot located?
    The property is located at Tallon Drive lot 17 Clarksville, AR.
    What is the asking price?
    The asking price for this property is $69,900.
    What are key features of this property?
    This property features: Large 6.20‑acre property provides ample space and privacy.; Convenient location just minutes from Walmart and other major amenities.; Ideal for building a custom home in a growing and desirable area.
    (479) 857-2277
    We can help!
    Listing Contact
    Sarah Ledford
    Real Estate License ID: SA00065621
    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!