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

    S Cherry Dr Blytheville, AR 72315

    View on Map
    Sponsored
    For Sale
    Contact for pricing

    Land - Blytheville, AR

    Lot size:
    0.96 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 19 at 8:06 am

    Property Features for S Cherry Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Exterior features
    Can Be Divided
    Lot size
    0.96 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Lola Gifford
    Lola Gifford

    McWaters Realty Service-Century 21 (870) 763-2121

    Listing agent Lola Gifford (870) 763-2121

    Listing date Mar 18, 2026

    MLS# 42895 Listing URL

    Copyright © 2026 Eastern Arkansas REALTORS® Association. 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

    Blytheville Land Investment Opportunity

    This offering features six connected lots situated on the same block, presenting a real estate investment opportunity. The cleared and leveled lots, accessible via paved streets, are suitable for constructing a home or multiple rental properties. The combined lot size is 0.96 acres and is located in Blytheville, Arkansas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Blytheville
    County
    Mississippi
    State
    Arkansas
    Longitude
    -89.9037
    Latitude
    35.9221

    Nearby Similar for Sale

    • $1,056,000
      56,365 SF

      Large Retail Opportunity in Blytheville

      Large commercial property on 6.19 acres, ideal for redevelopment.
      1040 E Main St, Blytheville, AR 72315
      View Details
    • New
      $795,000
      40,000 SF

      Spacious Warehouse in Blytheville, AR

      40,000 sq ft warehouse with bay doors and loading docks.
      Elm & Wilson, Blytheville, AR 72315
      View Details
    • $140,000
      Pending

      Updated Blytheville Fourplex For Sale

      Updated fourplex in Blytheville, Arkansas, featuring one-bedroom units.
      900 Mcdaniel St, Blytheville, AR 72315
      View Details
    • $175,000
      2,545 SF

      Blytheville Commercial Building with Fenced Yard

      2545 SF commercial building with fenced yard and paved parking.
      206 Davis St, Blytheville, AR 72315
      View Details
    • $89,000
      2,000 SF

      Blytheville Commercial Building on Corner

      Versatile 2,000 SF building suitable for various purposes.
      2101 W Rose St, Blytheville, AR 72315
      View Details
    • $275,000
      1,440 SF

      Commercial Business & Residential Opportunity

      Commercial building, tire shop, residential property on 2.92 acres.
      3315 Division St, Blytheville, AR 72315
      View Details
    • $140,000
      Pending

      Updated Blytheville Fourplex For Sale

      Updated four-unit apartment complex in Blytheville, Arkansas.
      916 Mcdaniel St, Blytheville, AR 72315
      View Details
    • $135,000
      10,547 SF

      Warehouse in Blytheville, Arkansas

      Warehouse property available for sale in Blytheville, Arkansas.
      223 N 1St St, Blytheville, AR 72315
      View Details
    • $1,500,000
      58,766 SF

      Blytheville Warehouse and Industrial Property

      Warehouse and industrial property available for sale in Blytheville, AR.
      956 E Main St, Blytheville, AR 72315
      View Details
    • $300,000
      60.00 Acres

      Blytheville Farm Land Available

      60 acre farm south of Blytheville, Arkansas for sale.
      S Acres, Blytheville, AR
      View Details
    • $1,796,000
      5,038 SF

      Blytheville, AR Office Building

      Net-leased SSA property; strong ROI.
      1325 S Division Street, Blytheville, AR 72315
      View Details
    • $2,171,371
      8,000 SF

      Blytheville Medical Center Investment

      8,000 SF Medical Office, 7% Cap Rate
      3922 Main St, Blytheville, AR 72315
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Six connected lots, cleared and leveled, ready for development.
    Where is this residential land & home lot located?
    The property is located at S Cherry Dr Blytheville, AR.
    What is the asking price?
    The asking price for this property is $24,000.
    What are key features of this property?
    This property features: - Six connected lots on the same block.; - Cleared and leveled lots ready for building.; - Paved street access.
    (870) 763-2121
    Request Owner's contact information
    S Cherry Dr Blytheville, AR 72315
    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.
    S Cherry Dr
    Blytheville, AR 72315
    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
    S Cherry Dr Blytheville, AR 72315
    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
    Lola Gifford
    Lola Gifford
    (870) 763-2121
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!