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
    The Largest CRE Database in the US with Over 1 Million Listings

    2002 N Main St Beebe, AR 72012

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $125,000

    13.8-acre parcel with high traffic exposure and development potential.

    Property size:
    13 SF
    Lot size:
    13.80 Acres

    Property Features for 2002 N Main St

    General Information

    Size
    13 SF
    Lot size
    13.80 Acres

    Building Details

    Year built
    1950

    We can help!

    Listing Contact
    Steven Harvey
    Source: Naiglobal

    Listing Agent: Steven Harvey

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

    Learn more

    Property Insight Report

    Overview

    Prime Development Land, High Visibility

    This approximately 13.8-acre parcel is positioned at the high-visibility intersection of Highway 31 (North Main Street) and the Exit 31 ramps. It offers an exceptional opportunity for development with direct access from I-57. The location benefits from an average daily traffic count of approximately 7,700 along North Main, providing both accessibility and exposure. The property includes an approximately 1,160 square foot home, offering optional use or removal to maximize development potential. This location is ideal for high-traffic projects in one of Beebe’s most connected corridors. Potential business uses include warehousing, distribution, or retail uses like restaurants, convenience stores, and truck stops. The property is located on Highway 31 (North Main Street) where the Exit 31 off-ramp and on-ramp meet in Beebe, AR.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Beebe
    County
    White
    State
    Arkansas
    Longitude
    -91.88152
    Latitude
    35.088276

    Nearby Similar for Sale

    • $599,000
      6,000 SF

      Renovated Commercial Property Near I-57

      Turnkey 6,000 SF property with showroom and warehouse space.
      207 Campbell Dr, Beebe, AR 72012
      View Details
    • $1,500,000
      1,530 SF

      Land with Pond and Creek

      133-acre property with pond, creek, house, and outbuildings.
      359 Swinging Bridge Rd, Beebe, AR 72012
      View Details
    • $195,000
      1,644 SF

      Corner Lot Mixed-Use Property

      Mixed-use property on a corner lot, perfect for C2 business.
      1306 N Lemon/Dewitt Henry, Beebe, AR 72012
      View Details
    • $360,000
      3,340 SF

      Beebe, AR Building and Land

      Prime location with redevelopment potential in Beebe, Arkansas.
      1904 W Dewitt Henry Dr, Beebe, AR 72012
      View Details
    • $385,000
      8,200 SF

      Flea Market Building on Acre

      Flea market building with 75 booths on one acre.
      316 W Center St, Beebe, AR 72012
      View Details
    • $4,742,000

      New Construction Auto Shop Lease

      15-year absolute net lease with rental increases.
      2001 W Center St, Beebe, AR 72012
      View Details
    • $1,100,000
      4,965 SF

      Office and Bank Building For Sale

      Two-story building with bank branch and professional office space.
      1500 W Dewitt Henry Dr, Beebe, AR 72012
      View Details
    • $399,900
      1.00 Acre

      Beebe, AR Business Opportunity

      Prime 1-Acre Commercial Lot, $399,900
      316 Center St, Beebe, AR 72012
      View Details
    • $640,000
      1.17 Acres

      Beebe, AR Commercial Land Opportunity

      1.17 Acres, Prime Beebe Location, $640,000
      1905 Center St, Beebe, AR 72012
      View Details
    • $1,200,000
      10,800 SF

      Beebe Office Building Investment

      Prime Beebe, AR mixed-use property. High cap rate, strong tenant.
      1500 Dewitt Henry Dr, Beebe, AR 72012
      View Details

    FAQs

    What type of property is this?
    Land - 13.8-acre parcel with high traffic exposure and development potential.
    Where is this land located?
    The property is located at 2002 N Main St Beebe, AR.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: - High-visibility location at the intersection of Highway 31 and Exit 31 ramps.; - Exceptional development opportunity on approximately 13.8 acres.; - Direct access from I-57.
    (903) 280-6138
    Request Owner's contact information
    2002 N Main St Beebe, AR 72012
    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.
    2002 N Main St
    Beebe, AR 72012
    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
    2002 N Main St Beebe, AR 72012
    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
    Steven Harvey
    (903) 280-6138
    Learn more
    Google sign-in failed. Please try again or use another login method.