Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Prime Commercial Outparcel in Brookland Title is generated by Realmo AI

    8107 Highway 49, Brookland, AR 72417

    View on Map
    Claim this Listing
    For Sale
    $742,262

    COMMERCIAL - Brookland, AR

    Lot size:
    1.42 Acres
    Added:
    Jun 20, 2024
    Days on Market:
    702
    Last Refresh:
    May 22 at 5:06 am

    Property Features for 8107 Highway 49

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    11-155194-00820
    Lot size
    1.42 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Description
    PT SE SE
    Tax Annual Amount
    74

    We can help!

    Listing Contact
    Jerry Halsey Jr.

    Listing agent Jerry Halsey Jr.

    Listing office Halsey Real Estate 301 W Washington Ave, Suite 200, Jonesboro, AR

    Listing date Jun 20, 2024

    MLS# 24033043

    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

    • High‑visibility location on Highway 49 with 20,000 daily traffic count.
    • Located at the entrance of the rapidly growing Brookland community.
    • Surrounded by new developments and established businesses.
    • Direct route to Brookland School District, one of the fastest‑growing in the region.
    • Quick access to Jonesboro and Paragould.
    • Ideally suited for retail, restaurants, professional services, and more.

    Overview

    This commercial outparcel, situated on 1.42 acres along Highway 49, presents a significant opportunity for businesses seeking a location with high visibility at the entrance to the growing Brookland community. The property benefits from high visibility, with approximately 20,000 cars passing daily. Surrounded by new developments and established businesses such as Harps Food Stores, McDonald's, Sonic, and First Community Bank, the location is suited for retail, restaurants, and professional services. The property is located on the direct route to Brookland School District. The location benefits from strong local and regional traffic. The property also offers quick access to both Jonesboro and Paragould, with a 10-minute drive to Jonesboro's Hilltop District.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Brookland
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.589644
    Latitude
    35.908454

    Nearby Similar for Sale

    • $5,790,000
      29,000 SF

      Luxury Duplexes Investment Opportunity

      Newer luxury duplexes near Jonesboro and Paragould, Arkansas.
      404 W Matthews, Brookland, AR 72417
      View Details
    • $350,000

      Brookland Land on Hwy 49

      6.45 acres of vacant land on Hwy 49.
      Hwy. 49, Brookland, AR 72417-0000
      View Details
    • $125,000

      Commercial Lot on Hwy 49B

      0.97 acre commercial lot in high-traffic area.
      HWY 49 N, Brookland, AR 72417
      View Details
    • $675,000

      28 Acres on Highway 49

      28 acres available on Highway 49 near Brookland, Arkansas.
      28 ACRES HWY 49N & 761 ROAD, Brookland, AR 72417
      View Details
    • $871,200

      Brookland Commercial Land For Sale

      Prime commercial land in Brookland, Arkansas, with high traffic volume.
      8140 U. S 49 Highway, Brookland, AR 72417
      View Details
    • $379,000

      Highway Frontage Land For Sale

      10 acres of land with highway frontage near Brookland, AR.
      10 ACRES HWY 49N, Brookland, AR 72417
      View Details
    • $679,536

      Commercial Lots on U.S. 49

      Commercial lots in a rapidly developing area with city utilities.
      8261 U. S 49, Brookland, AR 72417
      View Details
    • $55,000

      Residential Lot in Brookland, AR

      Building lot available in Horseshoe Creek Subdivision.
      201 Horseshoe Creek Drive, Brookland, AR 72417
      View Details
    • $159,000

      Brookland Land with Horse Barn

      6.5 acres with horse barn and fenced pasture.
      865 CR 960, Brookland, AR
      View Details
    • $55,000

      Brookland, AR Building Lot

      Residential building lot in Horseshoe Creek Subdivision, Brookland, Arkansas.
      109 Horseshoe Creek Drive, Brookland, AR 72417
      View Details
    • $189,000

      Brookland Land For Sale

      8+ acres available on Craighead and Greene County line.
      8 ACRES 761 ROAD, Brookland, AR 72417
      View Details
    • $55,000

      Residential Lot in Brookland, AR

      Building lot available in Horseshoe Creek Subdivision.
      117 Gordo Drive, Brookland, AR 72417
      View Details

    FAQs

    What type of property is this?
    Commercial land - High-visibility location at the entrance of a rapidly growing community.
    Where is this commercial land located?
    The property is located at 8107 Highway 49 Brookland, AR.
    What is the asking price?
    The asking price for this property is $742,262.
    What are key features of this property?
    This property features: High‑visibility location on Highway 49 with 20,000 daily traffic count.; Located at the entrance of the rapidly growing Brookland community.; Surrounded by new developments and established businesses.
    (870) 930-8008
    We can help!
    Listing Contact
    Jerry Halsey Jr.
    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
    8107 Highway 49, Brookland, AR 72417
    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!