Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Searcy City Center Out Parcels Title is generated by Realmo AI

    1211 Janet Dr, Searcy, AR 72143

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Outparcels in high-traffic area with renowned tenants.

    Type:Retail
    Added:
    Feb 10, 2020
    Days on Market:
    2294
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for 1211 Janet Dr

    General Information

    Standard status
    Active
    Property subtype
    Retail

    We can help!

    Listing Contact
    Stuart Dalrymple

    Listing agent Stuart Dalrymple License #PB 00042111

    Listing office Dalrymple Commercial

    Listing date Feb 10, 2020

    Source Crexi

    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 Dalrymple Commercial

    HighLights

    • High‑traffic location with prime visibility on Beebe Capps Expressway and State Hwy 67/167
    • Part of a fully occupied center with renowned tenants including Target, Academy Sports, Hobby Lobby, TJ Maxx, and Ulta
    • Located in a fast‑growing market driven by local employers like Unity Health and Harding University
    • Offers flexibility to subdivide lots for versatile development options
    • Features three Ingress/Egress Points for convenient access
    • Presents an opportunity to capitalize on Searcy's flourishing residential and commercial growth

    Overview

    The Searcy City Center Out Parcels, located at Janet Drive & Beebe Capps in Searcy, Arkansas, present an investment opportunity in a high-traffic area. These out parcels are part of a fully occupied center with tenants such as Target, Academy Sports, Hobby Lobby, TJ Maxx, and Ulta. Benefiting from visibility on the Beebe Capps Expressway and State Hwy 67/167, the property is situated in a fast-growing market driven by local employers like Unity Health and Harding University. The property features three ingress/egress points and the flexibility to subdivide lots, making it a versatile option for development. The location is positioned to capitalize on the area's growth potential as Searcy continues to flourish with residential and commercial projects.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Searcy
    County
    White
    State
    Arkansas
    Longitude
    -91.8491
    Latitude
    35.2662

    Nearby Similar for Sale

    • $749,000
      12,000 SF

      Versatile Flex-Space Industrial Building

      12,000 SF flex building in high-demand commercial corridor.
      608 E Booth, Searcy, AR 72143
      View Details
    • $840,000
      11,650 SF

      Versatile Commercial Property in Searcy

      11,650 sq ft commercial space with many possibilities.
      2903 Shiloh Road, Searcy, AR 72143-9999
      View Details
    • $499,900
      2,400 SF

      Commercial Property - Searcy, AR

      One-acre commercial property with auto shop and tow truck business.
      107 Black Gum Lane, Searcy, AR 72143-9999
      View Details
    • $1,070,000
      6,762 SF

      New Construction Multifamily Investment Property

      New construction multifamily property in Searcy, Arkansas, completed in 2024.
      508 and 510 N Oak St, Searcy, AR 72143
      View Details
    • Contact for pricing
      9,000 SF

      Retail Space in Searcy, AR

      Retail space with high visibility near national restaurants.
      Janet Drive, Searcy, AR 72143
      View Details
    • $1,200,000
      11,178 SF

      Searcy Apartment Complex For Sale

      12-unit apartment complex in Searcy, AR with recent upgrades.
      300 N Clinic Street, Searcy, AR 72143-4609
      View Details
    • $148,900

      Prime Commercial Land in Searcy

      1.97 acre commercial lot near downtown Searcy, Arkansas.
      N Maple Street, Searcy, AR 72143
      View Details
    • $1,292
      1,200 SF

      High-Traffic Retail Space in Searcy

      Retail/professional space in Searcy's commercial heart with high visibility.
      2033 E race Avenue, Searcy, AR 72143
      View Details
    • $7,000
      12,000 SF

      Versatile Flex Space in Searcy

      12,000 SF industrial/flex building in high-demand commercial corridor.
      608 E Booth, Searcy, AR 72143
      View Details
    • $199,000

      Prime Commercial Land in Searcy

      2.5 acres of commercial land with multiple access points.
      1701 N Main Street, Searcy, AR 72143
      View Details
    • $899,000
      5,030 SF

      Established Restaurant Near Highway 57

      Established restaurant for sale with highway visibility and strong clientele.
      2613 Eastline Rd, Searcy, AR
      View Details
    • Contact for pricing
      15,000 SF

      New Construction Retail Opportunity

      High-visibility retail space for sale on W Beebe Capps Expressway.
      2013 West Beebe Capps Expressway, Searcy, AR 72143
      View Details

    FAQs

    What type of property is this?
    Commercial land - Outparcels in high-traffic area with renowned tenants.
    Where is this commercial land located?
    The property is located at 1211 Janet Dr Searcy, AR.
    What are key features of this property?
    This property features: High‑traffic location with prime visibility on Beebe Capps Expressway and State Hwy 67/167; Part of a fully occupied center with renowned tenants including Target, Academy Sports, Hobby Lobby, TJ Maxx, and Ulta; Located in a fast‑growing market driven by local employers like Unity Health and Harding University
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Stuart Dalrymple
    Real Estate License ID: PB 00042111
    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
    1211 Janet Dr, Searcy, AR 72143
    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!