Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    625 W Kay Street Piggott, AR 72454

    View on Map
    Claim this Listing
    New
    For Sale
    Contact for pricing

    Residential Lot - Piggott, AR

    Lot size:
    0.29 Acres
    Added:
    Apr 27, 2026
    Days on Market:
    2
    Last Refresh:
    Apr 28 at 12:06 am

    Property Features for 625 W Kay Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    761-00622-000
    Lot size
    0.29 Acres

    Taxes and HOA fees

    Tax Annual Amount
    66.08

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    April Huffman

    Listing agent April Huffman

    Listing office Forrest Realty 474 E. Main St., Piggott, AR

    Listing date Apr 27, 2026

    MLS# 26016753 Listing URL

    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.

    Overview

    Residential Lot in Piggott, AR

    This corner lot, located in Piggott, Arkansas, is suitable for residential development. The lot size is approximately 0.29 acres. It is located in Clay County. The property has access to utilities, though the seller is unsure if the utilities are located on the property itself. This lot is presented as an opportunity for investors looking to construct rental properties.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Piggott
    County
    Clay
    State
    Arkansas
    Longitude
    -90.195314
    Latitude
    36.3799131

    Nearby Similar for Sale

    • $12,000

      Residential Lot in Piggott, AR

      0.35-acre lot ready for your dream home.
      786 W Kay Street, Piggott, AR 72454
      View Details
    • $110,000

      Piggott, Arkansas Acreage For Sale

      13.75 acres in Clay County, Arkansas, perfect for hunting.
      991 Clay 456 Road, Piggott, AR 72454
      View Details
    • $159,900
      2,700 SF

      Piggott Office Building on Square

      Commercial property on historic court square, leased until 2031.
      146 S 2nd, Piggott, AR 72454
      View Details
    • $225,000
      3,400 SF

      Live/Work Property in Downtown Piggott

      Updated loft residence atop a charming retail market space.
      147 S 3rd Avenue, Piggott, AR 72454
      View Details
    • $125,000

      Piggott Acreage with Lake

      17 acres with lake and timber within city limits.
      2011 S Lakewood Drive, Piggott, AR 72454-0000
      View Details
    • $449,000
      3,856 SF

      Retail Property in Piggott, AR

      Retail property with highway frontage and two buildings for sale.
      1430 E Main Street, Piggott, AR 72454
      View Details
    • $120,000

      Scenic Land with Woods, Ponds

      15 acres of wooded land with ponds in Clay County.
      0 CR 455, Piggott, AR 72454
      View Details
    • $25,000

      Residential Lot in Piggott, AR

      Corner lot ideal for building a dream home or investment.
      778 E Locust, Piggott, AR 72454
      View Details
    • $35,000

      Piggott, AR Residential Lot

      1.10-acre lot with utilities, barn, and RV hookups.
      430 CR 554 Road, Piggott, AR 72454
      View Details
    • $79,000
      2,258 SF

      Historic Building in Piggott Square

      Charming commercial building in Piggott's historic town square.
      231 W Main St, Piggott, AR 72454
      View Details
    • $9,900

      Residential Lot in Piggott, AR

      0.34-acre lot with potential in a convenient location.
      375 S 10th Avenue, Piggott, AR 72454
      View Details
    • $126,500
      2,116 SF

      Piggott Duplex with Covered Porches

      Well-designed duplex with private storage and covered back porches.
      927-929 E Margret, Piggott, AR 72454
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Corner lot suitable for rental build with utility access.
    Where is this residential land & home lot located?
    The property is located at 625 W Kay Street Piggott, 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: Corner lot location offering increased visibility and accessibility.; Potential for rental property development, presenting a lucrative investment opportunity.; Access to utilities, streamlining the development process.
    (870) 598-7058
    We can help!
    Listing Contact
    April Huffman
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!