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    Blytheville Mixed-Use Investment Opportunity Title is generated by Realmo AI

    203 W Main Street, Blytheville, AR 72315

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    Claim this Listing
    For Sale
    $200,000

    SINGLE_FAMILY - Blytheville, AR

    Type:Retail
    Property size:
    32,115 SF
    Lot size:
    0.38 Acres
    Price / SF:
    $6/SF
    Added:
    Apr 14, 2026
    Days on Market:
    39
    Last Refresh:
    May 22 at 6:06 am

    Property Features for 203 W Main Street

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Parking features
    On Street
    Security features
    Security System
    Interior features
    Smoke Detector, Security System
    Standard status
    Active
    Size
    32,115 SF
    Lot size
    0.38 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Several Parcels
    Tax Annual Amount
    3123

    Building Details

    Floors in Building
    2

    We can help!

    Listing Contact
    Sheila Dobbs

    Listing agent Sheila Dobbs

    Listing office Coldwell Banker Village Communities 2704 S Culberhouse Suite A, Jonesboro, AR

    Listing date Apr 14, 2026

    MLS# 26015080

    Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Excellent investment opportunity in downtown Blytheville.
    • Listed well below County Data Appraisal rate.
    • Includes 4 parcels with 3 store fronts totaling approximately 32,115 sq. ft.
    • New rolled rubber roof installed approximately 5 years ago.
    • Includes 2 occupied apartment units.
    • Security System.

    Overview

    This downtown Blytheville property presents an excellent investment opportunity. Currently operating as a furniture and appliance store (business not included), the property includes four parcels with three storefronts. The approximate total area is 32,115 square feet, according to county data. All three properties are two-story buildings, with most of the upstairs space used for storage. However, one portion of the property contains two currently occupied apartment units. A new rolled rubber roof was installed approximately five years ago. The property is situated on a 0.38-acre lot. The seller is interested in selling all parcels in one transaction but would consider selling the storefronts separately. The property is listed below the county data appraisal rate.
    Location Intelligence

    Current Use by Public Records

    Russell's Rents & Sales Furniture & Home Goods

    Suggested Use

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

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

    Similar Places Nearby

    • A-1 Flowers and Gifts — 216 N Franklin St, Blytheville, AR 72315

    Location Insight

    • Map
    • Local Demand
    City
    Blytheville
    County
    Mississippi
    State
    Arkansas
    Longitude
    -89.904454
    Latitude
    35.927207

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    FAQs

    What type of property is this?
    Storefront property - Downtown Blytheville property with storefronts and apartments for sale.
    Where is this storefront property located?
    The property is located at 203 W Main Street Blytheville, AR.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: Excellent investment opportunity in downtown Blytheville.; Listed well below County Data Appraisal rate.; Includes 4 parcels with 3 store fronts totaling approximately 32,115 sq. ft.
    (870) 740-8503
    We can help!
    Listing Contact
    Sheila Dobbs
    Learn More
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    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.

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