Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Charleston, AR Land Opportunity Title is generated by Realmo AI

    W Main lot 102, Charleston, AR 72933

    View on Map
    Claim this Listing
    For Sale
    $35,000

    LAND - Charleston, AR

    Lot size:
    0.47 Acres
    Added:
    Dec 17, 2025
    Days on Market:
    157
    Last Refresh:
    May 23 at 11:06 am

    Property Features for W Main lot 102

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    008-01017-000
    Lot size
    0.47 Acres

    Taxes and HOA fees

    Tax Description
    LOT 102 21-86
    Tax Annual Amount
    89

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Linda Black

    Listing agent Linda Black License #SA00056158

    Listing office Chuck Fawcett Realty, Inc. 4720 Rogers Ave, Fort Smith, AR

    Listing date Dec 17, 2025

    MLS# 1331086 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.

    HighLights

    • Prime Main Street/State Highway 22 location in Charleston, Arkansas.
    • Strong potential for residential development including single‑family homes, duplexes, and townhomes.
    • Anticipated growth and major project discussions suggest increasing housing demand.
    • Opportunity for builders, developers, or investors.
    • Additional adjacent lots available for expanded development.
    • Public water and sewer available.

    Overview

    This is a rare opportunity to acquire undeveloped lots located on Main Street/State Highway 22 in Charleston, Arkansas. These parcels offer strong potential for residential development, including single-family homes, duplexes, and townhomes. With anticipated growth and discussions underway for a major project in the area, demand for additional housing is expected to increase, making this an excellent opportunity for builders, developers, or investors. Two additional lots are available immediately to the east, providing options for expanded development or future phases. The total lot size is 0.4726 acres. Buyer is to perform all due diligence regarding lot lines, easements, acreage, dimensions, and intended use. All utility availability and capacity must be independently verified by the buyer. ARDOT ingress and egress requirements apply and should be confirmed by the buyer directly with ARDOT. This is a unique chance to capitalize on a prime Main Street location in Charleston with both current appeal and future growth potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Charleston
    County
    Franklin
    State
    Arkansas
    Longitude
    -94.048112
    Latitude
    35.297605

    Nearby Similar for Sale

    • $350,000
      1,928 SF

      Established Lawn and Garden Business

      Turnkey lawn and garden equipment sales and service business for sale.
      1102 Main ST, Charleston, AR 72933
      View Details
    • $999,999
      11,921 SF

      Commercial Building in Charleston, AR

      Spacious commercial building with recent updates and ample parking.
      22 N Greenwood ST, Charleston, AR 72933
      View Details
    • $149,000

      Charleston Commercial Land For Sale

      High-traffic commercial land with highway frontage in Charleston, Arkansas.
      TBD Lot 2 E Main ST, Charleston, AR 72933
      View Details
    • $149,000

      Charleston Commercial Land For Sale

      High-traffic commercial property with highway frontage, ideal for various businesses.
      TBD Lot 5 E Main ST, Charleston, AR 72933
      View Details
    • $280,000
      3,120 SF

      Charleston AR Investment Opportunity

      Four rental units in Charleston, AR, great income-producing property.
      1002 Falconer ST, Charleston, AR 72933
      View Details
    • $149,000

      Charleston Commercial Land For Sale

      1.02 acre commercial lot with highway frontage in Charleston, AR.
      TBD Lot 3 E Main ST, Charleston, AR 72933
      View Details
    • $149,000

      Charleston Commercial Land For Sale

      1.02 acre commercial property with highway frontage in Charleston, AR.
      TBD Lot 8 E Main ST, Charleston, AR 72933
      View Details
    • $149,000

      Charleston Commercial Land For Sale

      1.02 acre commercial property with highway frontage in Charleston, AR.
      TBD Lot 4 E Main ST, Charleston, AR 72933
      View Details
    • $149,000

      Charleston Commercial Land For Sale

      1.02 acre commercial property with highway frontage in Charleston, AR.
      TBD Lot 6 E Main ST, Charleston, AR 72933
      View Details
    • $149,000

      Charleston Commercial Land For Sale

      High-traffic commercial land with highway frontage in Charleston, Arkansas.
      TBD Lot 7 E Main ST, Charleston, AR 72933
      View Details
    • $185,000
      2,234 SF

      Prime Commercial Land Opportunity

      1.66 acres centrally located near businesses and schools.
      118 E Main St, Charleston, AR 72933
      View Details
    • $35,000

      Highway 22 Commercial Lot

      Undeveloped commercial lot on Highway 22 in Charleston, Arkansas.
      tbd W Main, Charleston, AR 72933
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Undeveloped lots on Main Street with residential development potential.
    Where is this residential land & home lot located?
    The property is located at W Main lot 102 Charleston, AR.
    What is the asking price?
    The asking price for this property is $35,000.
    What are key features of this property?
    This property features: Prime Main Street/State Highway 22 location in Charleston, Arkansas.; Strong potential for residential development including single‑family homes, duplexes, and townhomes.; Anticipated growth and major project discussions suggest increasing housing demand.
    (479) 459-5004
    We can help!
    Listing Contact
    Linda Black
    Real Estate License ID: SA00056158
    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
    W Main lot: 102, Charleston, AR 72933
    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!