Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    De Queen Commercial Land Title is generated by Realmo AI

    904 E Collin Raye Drive, De Queen, AR 71832

    View on Map
    Claim this Listing
    For Sale
    $700,000

    COMMERCIAL - De Queen, AR

    Lot size:
    6.72 Acres
    Added:
    Sep 21, 2023
    Days on Market:
    975
    Last Refresh:
    May 22 at 2:06 am

    Property Features for 904 E Collin Raye Drive

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Lot size
    6.72 Acres

    Taxes and HOA fees

    Tax Description
    on file
    Tax Annual Amount
    155

    We can help!

    Listing Contact
    Tara Morphew

    Listing agent Tara Morphew

    Listing office Tri-Lakes Realty 348 Hwy 71 N Building A, DeQueen, AR

    Listing date Sep 21, 2023

    MLS# 23032149

    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

    • Over 300ft of highway frontage
    • 6.720 acres of land
    • Prime location between Walmart and Baileys Discount Building Supplies
    • City water included
    • City sewer included
    • Endless possibilities for the property

    Overview

    This commercial property features 6.72 acres of land with over 300 feet of highway frontage. Located in De Queen, Arkansas, the site is positioned between Walmart and Bailey's Discount Building Supplies. The property includes access to city water and city sewer services, offering various development possibilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    BCM Trailers & Truck ... Car Dealership The Lost Antler Clothing Store Frito Lay Bins Storage Facility Shed Quest Production Facility

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    De Queen
    County
    Sevier
    State
    Arkansas
    Longitude
    -94.321103
    Latitude
    34.045298

    Nearby Similar for Sale

    • $750,000
      2,479 SF

      DeQueen Farm/Estate with Poultry Houses

      Sevier County farm with home, acreage, and poultry operation.
      374 Avon Road, DeQueen, AR 71832
      View Details
    • $475,000

      Highway Frontage Land For Sale

      4.16 acres with R2 zoning and highway frontage.
      W Collin Raye Drive, De Queen, AR 71832
      View Details
    • $662,270

      Versatile Land Near De Queen

      95.61 acres near De Queen Lake with income potential.
      Sims Road, De Queen, AR 71832
      View Details
    • $314,000

      DeQueen, AR Land For Sale

      Four acre wooded land overlooking lake and river in DeQueen.
      DeQueen, AR 71832
      View Details
    • $135,000

      Cossatot Riverfront Land Opportunity

      3 acres of riverfront land on the Cossatot River.
      139 Rivers Edge Lane, DeQueen, AR 71832
      View Details
    • $125,000

      Sevier County Land For Sale

      26.58+/- acres near Dequeen Lake with homesite potential.
      Brooks Road, De Queen, AR 71832
      View Details
    • $188,550

      20.95 Acres in De Queen

      20.95-acre tract ideal for recreation, hunting, or home.
      N Ninth Street, De Queen, AR 71832
      View Details
    • $23,000

      Residential Land in De Queen, AR

      Land for sale in a new De Queen subdivision.
      108 JT Circle, De Queen, AR 71832
      View Details
    • $23,000

      Residential Land in De Queen

      Land for sale in a new De Queen subdivision.
      145 Leopard Drive, De Queen, AR 71832
      View Details
    • $23,000

      Residential Land in De Queen

      Land for sale in a new De Queen subdivision.
      142 Leopard Drive, De Queen, AR 71832
      View Details
    • $23,000

      Residential Land in De Queen

      Land for sale in a new De Queen subdivision.
      141 Leopard Drive, De Queen, AR 71832
      View Details
    • $23,000

      Residential Land in De Queen

      Land for sale in a new De Queen subdivision.
      139 Leopard Drive, De Queen, AR 71832
      View Details

    FAQs

    What type of property is this?
    Commercial land - 6.72 acre commercial land with highway frontage.
    Where is this commercial land located?
    The property is located at 904 E Collin Raye Drive De Queen, AR.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: Over 300ft of highway frontage; 6.720 acres of land; Prime location between Walmart and Baileys Discount Building Supplies
    (870) 584-2199
    We can help!
    Listing Contact
    Tara Morphew
    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
    904 E Collin Raye Drive, De Queen, AR 71832
    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!