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    81-Unit Extended Stay Redevelopment Title is generated by Realmo AI

    2501 S Service Rd, West Memphis, AR 72301

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    Vacant extended stay asset near major interstate access, positioned for rehabilitation or redevelopment by experienced operators.

    Type:Hospitality
    Property size:
    24,432 SF
    Price / SF:
    $0.00/SF
    Added:
    May 27, 2026
    Days on Market:
    11
    Last Refresh:
    Jun 6 at 4:29 am

    Property Features for 2501 S Service Rd

    General Information

    Standard status
    Active
    Size
    24,432 SF
    Property subtype
    Hospitality

    Building Details

    Year Built
    1975

    We can help!

    Listing Contact
    Caleb Frizzell

    Listing agent Caleb Frizzell License #000114503-0

    Listing office Matthews

    Listing date May 27, 2026

    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 Matthews

    HighLights

    • 81‑unit former extended stay property at 2501 S Service Rd, West Memphis, AR 72301
    • Built in 1975
    • Directly adjacent to I‑40 with bridges across the Mississippi River to Memphis, TN less than 5.0 mi away (I‑40 & I‑55 bridges)
    • Vacant and currently closed, with significant fire damage plus damage from vandalism and vagrancy
    • Located within 2.0 mi of retail, grocery, and dining options including Chick‑fil‑A, Kroger, and Starbucks
    • Major employers nearby, including Schneider National Carriers, Baptist Memorial Hospital, and Southland Casino

    Overview

    The property is the former America’s Best Value Inn extended stay site with 81 units. The asset is currently closed and has suffered significant fire damage, as well as damage due to vandalism and vagrancy. The property is offered for acquisition with tours available by appointment only, and interested parties should contact the listing broker to schedule.

    The motel sits directly adjacent to I-40 in West Memphis, Arkansas. It is located less than 5.0 miles from both the I-40 and I-55 bridges across the Mississippi River, providing convenient access into the Memphis, TN area. A variety of retail, grocery, and dining options are within 2.0 miles, including Chick-fil-A, Kroger, and Starbucks.

    This offering is best suited for buyers or operators prepared to complete significant redevelopment and rehabilitation. The combination of 81 units and its interstate-adjacent location can support a scaled repositioning plan, subject to applicable due diligence and permitting. The surrounding area includes major employers within minutes of the property, including Schneider National Carriers, Baptist Memorial Hospital, and the Southland Casino, which may help inform tenanting and redevelopment strategy once repairs and upgrades are complete.
    Location Intelligence

    Current Use by Public Records

    Americas Best Value ... Hotel & Motel Econo Lodge Hotel & Motel

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Hotel & Motel Department Store Kitchen & Bath Showroom

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

    Similar Places Nearby

    • New Hampshire Inn West Memphis — 898 Ingram Blvd, West Memphis, AR 72301
    • Express Inn West Memphis — 3700 NE Service Rd, West Memphis, AR 72301
    • Sunset INN Motel — 300 Martin Luther King Jr Dr, West Memphis, AR 72301
    • Vanderhall Events — 200 Martin Luther King Jr Dr, West Memphis, AR 72301
    • Terry's Event Center — 72364, 200 Martin Luther King Jr Dr, West Memphis, AR 72301

    Location Insight

    • Map
    • Local Demand
    City
    West Memphis
    County
    Crittenden
    State
    Arkansas
    Longitude
    -90.154198
    Latitude
    35.156601

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    FAQs

    What type of property is this?
    Motel - Vacant extended stay asset near major interstate access, positioned for rehabilitation or redevelopment by experienced operators.
    Where is this motel located?
    The property is located at 2501 S Service Rd West Memphis, AR.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: 81‑unit former extended stay property at 2501 S Service Rd, West Memphis, AR 72301; Built in 1975; Directly adjacent to I‑40 with bridges across the Mississippi River to Memphis, TN less than 5.0 mi away (I‑40 & I‑55 bridges)
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Caleb Frizzell
    Real Estate License ID: 000114503-0
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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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