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

    0000 Hwy 79/167 Fordyce, AR 71742

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $145,000

    Located on Bypass 79/167 in Fordyce, Arkansas.

    Property size:
    148,975 SF
    Lot size:
    3.42 Acres
    Added:
    Mar 7, 2022
    Days on Market:
    1491
    Last Refresh:
    Apr 1 at 9:22 pm

    Property Features for 0000 Hwy 79/167

    General Information

    Standard status
    Active
    Size
    148,975 SF
    Lot size
    3.42 Acres
    Property subtype
    Other

    We can help!

    Listing Contact
    Janie MacNichol

    Listing agent Janie MacNichol

    Listing office Crye-Leike REALTORS Hot Springs

    Listing date Mar 7, 2022

    Source Xome

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Crye-Leike REALTORS Hot Springs

    Overview

    Commercial Land on Bypass 79/167

    Located in Fordyce, Arkansas, this commercial land property is situated on Bypass 79/167, benefiting from high traffic volume. Fordyce is approximately 42 miles from Pine Bluff and 61 miles from Little Rock. The property, with a size of 148975 square feet, is positioned in a favorable area on the 167/79 Bypass and presents various possibilities.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Fordyce
    County
    Dallas
    State
    Arkansas
    Longitude
    -92.4841
    Latitude
    33.8659

    Nearby Similar for Sale

    • $447,500
      370,260 SF

      Prime Commercial Land Opportunity

      8.5 acres of commercial land in Fordyce, Arkansas.
      00 HWY 79, Fordyce, AR 71742
      View Details
    • $162,000
      5,000 SF

      Highway Frontage Corner Lot

      Corner lot with highway frontage, utilities, and business potential.
      TBD 79 Bypass & Ferris Mtn Drive, Fordyce, AR 71742
      View Details
    • $18,500

      Cleared Lot Ready for Mobile

      2-acre cleared lot ready for a mobile home.
      1009 Humphrey Street, Fordyce, AR 71742
      View Details
    • $6,500

      Residential Lot in Fordyce, Arkansas

      Level .32 acre lot ready for new home construction.
      Lot 1-2 S Oak ST, Other AR, AR 71742
      View Details
    • $6,500

      Residential Lot in Fordyce, AR

      Level .32 acre lot ready for new home construction.
      Lot 1-2 S Oak Street, Fordyce, AR 71742
      View Details
    • $879,162

      422 Acres Hunting Land Investment

      Excellent hunting land and timberland investment opportunity near Fordyce, Arkansas.
      3000 Hwy 167 N, Fordyce, AR 71742
      View Details
    • $926,500
      807,167 SF

      Commercial Land in Fordyce, AR

      18.53 acres of prime commercial land near North Junction.
      000 Hwy 167, Fordyce, AR 71742
      View Details
    • $1,004,283

      503 Acres Hunting Land Investment

      Excellent hunting land with timberland investment potential near Fordyce, AR.
      000 Hwy 167 N, Fordyce, AR 71742
      View Details
    • $25,000

      2 Acres Land in Fordyce

      2 acres of land with some utilities off Hwy 79.
      2 acres Hwy 79 N, Fordyce, AR 71742
      View Details
    • $25,500

      Residential Lot in Fordyce, AR

      2.07 acre residential lot suitable for building in Fordyce.
      Lots 10-12 E 10th Street, Fordyce, AR 71742
      View Details
    • $25,500

      Fordyce Land for New Home

      2.07 acre lot suitable for building a home.
      Lots 1-12 E 10th ST, Other AR, AR 71742
      View Details
    • $40,000

      Fordyce Hunting Land with Pond

      20 acre hunting property with timber and a pond.
      000 County Rd 79, Fordyce, AR 71742
      View Details

    FAQs

    What type of property is this?
    Commercial land - Located on Bypass 79/167 in Fordyce, Arkansas.
    Where is this commercial land located?
    The property is located at 0000 Hwy 79/167 Fordyce, AR.
    What is the asking price?
    The asking price for this property is $145,000.
    What are key features of this property?
    This property features: High traffic volume location on Bypass 79/167.; Commercial Transitional Zoning.; Located on the 167/79 Bypass.
    (501) 321-0800
    We can help!
    Listing Contact
    Janie MacNichol
    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!