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

    Highway 49, Helena, AR 72342

    View on Map
    Claim this Listing
    For Sale
    $187,200

    COMMERCIAL - Helena, AR

    Lot size:
    24.00 Acres
    Added:
    May 6, 2024
    Days on Market:
    747
    Last Refresh:
    May 22 at 2:06 am

    Property Features for Highway 49

    General Information

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

    Taxes and HOA fees

    Tax Description
    See Deed
    Tax Annual Amount
    206

    We can help!

    Listing Contact
    William Miles
    William Miles

    Listing agent William Miles

    Listing office Miles Real Estate 309 Mixon Avenue, Marianna, AR

    Listing date May 6, 2024

    MLS# 24016292 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.

    HighLights

    • 24‑acre commercial land
    • Located at the corner of AR‑49 and AR‑242
    • Prime opportunity for development projects
    • Strategic location
    • Ample space
    • Lucrative investment opportunity

    Overview

    This 24-acre commercial land is located in Phillips County, Arkansas, at the corner of AR-49 and AR-242. The property presents development opportunities and is suitable for investment projects.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Helena
    County
    Phillips
    State
    Arkansas
    Longitude
    -90.6405386
    Latitude
    34.5261773

    Nearby Similar for Sale

    • $100,000
      2,681 SF

      Helena Office/Medical Building For Sale

      Well-maintained office/medical building with ample parking in Helena, Arkansas.
      810 Newman Dr Suite B, Helena, AR 72342
      View Details
    • $100,000
      2,900 SF

      Updated Medical Office Space

      Updated medical office space near hospital and major highway.
      810 Newman Dr. Suite A, Helena, AR 72342
      View Details
    • $150,000
      6,183 SF

      Retail and Office Space Available

      Commercial property with retail, office space, and warehouse storage.
      701 Oakland Avenue, Helena, AR 72342
      View Details
    • $5,000

      Vacant Land in Helena, AR

      Vacant commercial land for sale in Helena, Arkansas.
      1417 Ohio, Helena, AR 72342
      View Details
    • $60,000

      Helena Land with Development Potential

      8.26 acre lot with existing structure in Helena, AR.
      205 Newman Drive, Helena, AR 72342
      View Details
    • $5,000

      Prime Lot Near Country Club

      0.11-acre lot near country club, ideal for parking/storage.
      7th Street S, Helena, AR 72390
      View Details
    • $5,000

      Helena, AR Versatile Lot

      0.11-acre lot near country club, ideal for various uses.
      101 Pine Lane, Helena, AR 72390
      View Details
    • $7,500

      Residential Lot in Helena, AR

      Corner residential lot with owner financing available in Helena.
      0 Poplar, Helena, AR 72342
      View Details
    • $187,200

      24-Acre Commercial Land Opportunity

      24-acre commercial land at the corner of AR-49 and AR-242.
      Highway Martin Luther King Jr Dr, Helena, AR, 72342
      View Details
    • Contact for pricing
      15,825 SF

      West Helena Shopping Center Location

      Shopping center in prime location near Walmart Superstore.
      131 Quarles Ln, Helena-West Helena, AR 72390
      View Details

    FAQs

    What type of property is this?
    Commercial land - 24-acre commercial land with development potential in Phillips County, AR.
    Where is this commercial land located?
    The property is located at Highway 49 Helena, AR.
    What is the asking price?
    The asking price for this property is $187,200.
    What are key features of this property?
    This property features: 24‑acre commercial land; Located at the corner of AR‑49 and AR‑242; Prime opportunity for development projects
    (870) 295-3111
    We can help!
    Listing Contact
    William Miles
    William Miles
    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
    Highway 49, Helena, AR 72342
    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!