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

    Tbd Lr 51 Foreman, AR 71836

    Sponsored
    For Sale
    $650,000

    Building and Land - Foreman, AR

    Property size:
    16,000 SF
    Lot size:
    40.00 Acres
    Days on Market:
    166
    Last Refresh:
    Jan 18 at 4:06 am

    Property Features for Tbd Lr 51

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Parking
    5
    Exterior features
    Other (see remarks)
    Size
    16,000 SF
    Lot size
    40.00 Acres

    Building Details

    Year built
    2002
    Floors in Building
    1
    Flooring type
    Other
    Building materials
    Frame
    Roof type
    Metal
    Architectural style
    Other
    Additional Structures
    See Remarks

    We can help!

    Listing Contact
    Jodi King

    Stavely and Associates Real Estate (870) 845-1188

    Listing agent Jodi King (870) 845-1188

    Listing date Aug 6, 2025

    MLS# 25012707 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.

    Learn more

    Overview

    Updated Broiler Farm on 40 Acres

    This property features a broiler farm updated in 2022, situated on 40 acres fenced for cattle, with room to build more. The farm includes three 40x400 broiler houses. Additional structures include a litter shed, compost shed, generator with shed utility space, an additional barn, and storage. Water is supplied by a 10,000-gallon water reserve and rural water. The property also utilizes propane gas. It is located on LR 51, northeast of downtown Foreman, Arkansas.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Foreman
    County
    Little River
    State
    Arkansas
    Longitude
    -94.358480671692
    Latitude
    33.746056179892

    Nearby Similar for Sale

    • $750,000
      4,800 SF

      Established Auto-Parts Business For Sale

      Turnkey auto-parts business with real estate included in Foreman, AR.
      101 N Madden St, Foreman, AR 71836
      View Details
    • $750,000
      4,800 SF

      Established Auto-Parts Business For Sale

      Turnkey auto-parts business with real estate included, established since 1978.
      101 North Madden St, Foreman, AR 71836
      View Details
    • $49,500
      2,504 SF

      Commercial Property with Living Quarters

      Established auto mechanic shop with living quarters in high-traffic area.
      110 Bell St, Foreman, AR 71836
      View Details

    FAQs

    What type of property is this?
    Farm - Updated broiler farm on 40 acres, fenced for cattle.
    Where is this farm located?
    The property is located at Tbd Lr 51 Foreman, AR.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Updated Broiler Farm: Features 3 houses, 40x400, updated in 2022.; - 40 Acres Fenced for Cattle: Includes room to build more.; - Essential Infrastructure: Litter shed, compost shed, generator with shed utility space, additional barn and storage.
    (870) 557-0747
    Request Owner's contact information
    Tbd Lr 51 Foreman, AR 71836
    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.
    Tbd Lr 51
    Foreman, AR 71836
    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
    Tbd Lr 51 Foreman, AR 71836
    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
    Jodi King
    (870) 557-0747
    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.