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

    323 & 335 S Main Street, Cave Springs, AR 72718

    View on Map
    Claim this Listing
    For Sale
    $350,000

    Two parcels totaling 0.77 acres in Cave Springs.

    Type:Lots/Land
    Lot size:
    0.77 Acres
    Added:
    Apr 25, 2025
    Days on Market:
    406
    Last Refresh:
    Apr 8 at 12:50 am

    Property Features for 323 & 335 S Main Street

    General Information

    Standard status
    Active
    Lot size
    0.77 Acres
    Property subtype
    Lots/Land

    We can help!

    Listing Contact
    Kacie Roth

    Listing agent Kacie Roth License #PB00086534

    Listing office Homescape Realty

    Listing date Apr 25, 2025

    Source Exitrealty

    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 Homescape Realty

    HighLights

    • Prime location in the heart of Cave Springs.
    • Total of 0.77 acres.
    • Suitable for a new project.
    • Includes two parcels.

    Overview

    Located in Cave Springs, this property offers a promising location for a new project. The site comprises two parcels, combining for a total area of 0.77 acres. This land presents an opportunity for development in a central area.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Building Supply Dental Office Auto Repair Shop Hotel & Motel Pharmacy Auto Parts Store Department Store Kitchen & Bath Showroom

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

    Location Insight

    • Map
    • Local Demand
    City
    Cave Springs
    County
    Benton
    State
    Arkansas
    Longitude
    -94.23213
    Latitude
    36.25999

    Nearby Similar for Sale

    • $750,000

      Cave Springs Commercial Land Opportunity

      Prime commercial land in rapidly growing Cave Springs, Arkansas.
      Murdock Road lot: 1, Cave Springs, AR 72712
      View Details
    • $300,000

      Cave Springs Commercial Land Opportunity

      Prime commercial land in growing Cave Springs, Arkansas.
      416 S Main Street lot: 1, Cave Springs, AR 72718
      View Details
    • $1,600,000

      Cave Springs Commercial Land Parcel

      2.5 acre commercial parcel with highway frontage in Cave Springs.
      1110 Main Street lot: 1,2,3, Cave Springs, AR 72718
      View Details
    • $750,000

      Cave Springs Land For Sale

      Five acre property with development potential in Cave Springs, Arkansas.
      8277 W Brown Road, Cave Springs, AR 72745
      View Details
    • $3,500,000

      Cave Springs Development Land

      30+ acres ready for development in Cave Springs, Arkansas.
      Brown Road lot: 0, Cave Springs, AR 72718
      View Details
    • $3,000,000

      Cave Springs Commercial Land Parcel

      10.01-acre commercial land with highway frontage in Cave Springs.
      130 Brown Road lot: 1, 2, 3, 1, Cave Springs, AR 72718
      View Details
    • $345,500

      Land in Cave Springs, AR

      Two parcels totaling 0.77 acres in Cave Springs.
      323 & 335 S Main Street, Cave Springs, AR 72718
      View Details
    • $665,000
      3,900 SF

      Retail Space in Cave Springs

      Retail space with high visibility and highway frontage.
      127 N Main Street, Cave Springs, AR 72718
      View Details
    • $7,000,000

      Cave Springs Commercially-Zoned Land

      40-acre commercially-zoned land at the intersection of three cities.
      Hwy 112, Cave Springs, AR 72712
      View Details
    • $1,250,000

      Cave Springs Development Opportunity

      9.89-acre development tract in Cave Springs, Arkansas.
      Wallis Road, Cave Springs, AR 72718
      View Details
    • $375,000

      Land For Sale

      0.6 acres of land available.
      416 S Main St, Cave Springs, AR 72718
      View Details
    • $1,274,849

      Commercial Lots on Highway 112

      Commercial land for sale in Cave Springs, Arkansas.
      Hwy 112 and N Wallis Road lot: E, Cave Springs, AR 72718
      View Details

    FAQs

    What type of property is this?
    Commercial land - Two parcels totaling 0.77 acres in Cave Springs.
    Where is this commercial land located?
    The property is located at 323 & 335 S Main Street Cave Springs, AR.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: Prime location in the heart of Cave Springs.; Total of 0.77 acres.; Suitable for a new project.
    (479) 685-3112
    We can help!
    Listing Contact
    Kacie Roth
    Real Estate License ID: PB00086534
    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
    323 & 335 S Main Street, Cave Springs, AR 72718
    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!