Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Highway Frontage Commercial Land Title is generated by Realmo AI

    005-02771-252 HWY 62, Gassville, AR 72635

    View on Map
    Claim this Listing
    For Sale
    $169,900

    COMMERCIAL - Gassville, AR

    Lot size:
    1.00 Acre
    Added:
    Sep 25, 2025
    Days on Market:
    240
    Last Refresh:
    May 21 at 11:06 pm

    Property Features for 005-02771-252 HWY 62

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    005-02771-252
    Lot size
    1.00 Acre

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Pt of the NW 1/4 of SE 1/4, 27-19-14

    We can help!

    Listing Contact
    Dauna Powell

    Listing agent Dauna Powell

    Listing office PEGLAR REAL ESTATE GROUP 1326 HWY 62 E, Mountain Home, AR

    Listing date Sep 25, 2025

    MLS# 132528 Listing URL

    Copyright © 2026 North Central Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Premier location on Hwy 62 within Gassville city limits.
    • City water and sewer, natural gas, and electric hookups available.
    • Cleared 1 acre lot (m/l) ready for development.
    • Option to purchase an additional 0.95 acres (m/l) directly behind the property.
    • Previously approved for an RV Park (subject to re‑approval).
    • Land is currently leased for $600 a month

    Overview

    This cleared one-acre commercial property is located on Highway 62 within the city limits of Gassville, Arkansas. The site benefits from the availability of city water and sewer, natural gas, and electric utilities. The property is currently leased for $600 a month. Previously approved for an RV Park, the new owner will need to go through the approval process again. The property includes a well, drilled but without a pump, to be conveyed in as-is condition. An additional 0.95 acres directly behind this parcel is available for $79,900, bringing the total area to 1.95 acres for $259,800.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Gassville
    County
    Baxter
    State
    Arkansas
    Longitude
    -92.4805
    Latitude
    36.3299

    Nearby Similar for Sale

    • $425,000
      7,600 SF

      Former Retail Storefront on Highway

      7,600 SF retail building with highway frontage for sale.
      106 E MAIN STREET, Gassville, AR 72635
      View Details
    • $445,000
      18,180 SF

      Gassville Commercial Property on Acres

      Large commercial building on acreage with redevelopment potential in Gassville.
      116 SNOWBALL DRIVE, Gassville, AR 72635
      View Details
    • $200,000

      Versatile Commercial/Residential Investment Opportunity

      Commercial and residential property with income potential in Gassville, AR.
      5300 HWY 126, Gassville, AR 72635
      View Details
    • $550,000
      14,000 SF

      Flea Market Business Opportunity

      Established flea market business for sale in Gassville, Arkansas.
      6017 Highway 62, Gassville, AR 72635
      View Details
    • $79,900

      Highway Frontage Corner Lot

      0.67-acre corner lot on Highway 62, excellent visibility.
      47 County Road 5, Gassville, AR 72635
      View Details
    • $550,000
      18,000 SF

      Established Flea Market Business Opportunity

      Income-producing flea market or warehouse opportunity in Gassville, Arkansas.
      6045 Highway 62, Gassville, AR 72635
      View Details
    • $175,000

      Commercial Land on Highway 62

      Level 1.09 AC commercial land with utilities in Gassville, AR.
      005-0002-000 Hwy 62, Gassville, AR 72635-0000
      View Details
    • $175,000

      Commercial Land on Highway 62

      Level 1.09 AC commercial land with utilities on Hwy 62.
      005-00022-000 HWY 62, Gassville, AR 72635
      View Details
    • $1,795,000

      288 Acres Near White River

      Scenic land with creeks, hunting, and recreational opportunities.
      001-07618-000 RIM SHOALS ROAD, Gassville, AR 72635
      View Details
    • $1,795,000

      Gassville Land Near White River

      288 acres near White River with diverse recreational potential.
      001-07618-000 Rim Shoals Road, Gassville, AR 72635
      View Details
    • $399,000

      Riverfront Land in Gassville, Arkansas

      1.26 acre riverfront lot on the White River.
      002-11147-025 GRASSY DRIVE, Gassville, AR 72635
      View Details
    • $249,999

      Gassville, AR Land For Sale

      12.04 AC M/L with paved road frontage near town.
      001-08413-000 HWY 126, Gassville, AR 72635
      View Details

    FAQs

    What type of property is this?
    Commercial land - One acre commercial land with highway frontage and utilities.
    Where is this commercial land located?
    The property is located at 005-02771-252 HWY 62 Gassville, AR.
    What is the asking price?
    The asking price for this property is $169,900.
    What are key features of this property?
    This property features: Premier location on Hwy 62 within Gassville city limits.; City water and sewer, natural gas, and electric hookups available.; Cleared 1 acre lot (m/l) ready for development.
    (870) 425-4300
    We can help!
    Listing Contact
    Dauna Powell
    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

    Thank You for Inquiry
    005-02771-252 HWY 62, Gassville, AR 72635
    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!