Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Land in Desirable Neighborhood Title is generated by Realmo AI

    Holmes Street, Newport, AR 72112

    View on Map
    Claim this Listing
    Picture of Residential land & home lots at Holmes Street, Newport, AR
    For Sale
    $36,000

    LAND - Newport, AR

    Lot size:
    0.48 Acres
    Added:
    Aug 14, 2025
    Days on Market:
    282
    Last Refresh:
    May 22 at 6:06 am

    Property Features for Holmes Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.48 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    Block 1/Lot 1 Lakeview Subdivi
    Tax Annual Amount
    312

    We can help!

    Listing Contact
    Missy Aaron
    Missy Aaron

    Listing agent Missy Aaron

    Listing office Choice Realty 513 Batesville Blvd., Batesville, AR

    Listing date Aug 14, 2025

    MLS# 25033630 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

    • Located in a desirable Newport neighborhood.
    • Almost half‑acre wooded lot.
    • Situated at the end of a quiet cul‑de‑sac.
    • Offers privacy and natural beauty.
    • Convenient to town amenities.
    • Surrounded by well‑maintained homes.

    Overview

    This almost half-acre wooded lot is located near the end of a quiet cul-de-sac in a desirable Newport neighborhood. The property offers a balance of privacy and convenience to town amenities. Surrounded by well-maintained homes, this property could be the setting for building a new home.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Newport
    County
    Jackson
    State
    Arkansas
    Longitude
    -91.265808
    Latitude
    35.603039

    Nearby Similar for Sale

    • $424,900
      28,500 SF

      Versatile Commercial Property, Newport, Arkansas

      Multi-use commercial property with diversified income streams in a growing area.
      2408 hwy 367, Newport, AR 72112
      View Details
    • $150,000
      4,064 SF

      Turnkey Restaurant in Downtown Newport

      Fully equipped restaurant with additional brick outbuilding and large lot.
      121 Hazel Street, Newport, AR 72112
      View Details
    • $159,900
      2,520 SF

      Commercial Building and Land in Newport

      Commercial property suitable for various business ventures in Newport, Arkansas.
      101 Lindley Lane, Newport, AR 72112
      View Details
    • $345,000
      5,800 SF

      Versatile Commercial Building in Newport

      5,800 sq ft building on 0.85-acre lot for sale.
      204 Olivia Dr., Newport, AR 72112
      View Details
    • $395,000

      Income-Generating Multifamily Property

      Seven-unit multifamily property in Newport, AR, generating $55,680 annually.
      910 & 914 DILL STREET, Newport, AR 72112
      View Details
    • $1,100,000
      13,020 SF

      Freestanding Retail Building For Sale

      13,020 SF retail building with drive-thru and ample parking.
      2401 Malcolm Ave, Newport, AR 72112
      View Details
    • $35,000

      Land Near Newport Family Care

      0.60 acres of land near White River Health.
      1 Lindley Lane Newport, AR 72112
      View Details
    • $4,695,600
      234,832 SF

      Newport Industrial Building For Sale

      234,832 sq ft industrial building on 23 acres.
      7301 Victory Boulevard, Newport, AR 72112
      View Details
    • $4,696,640
      143,832 SF

      Newport Warehouse with Extensive Improvements

      Extensively renovated warehouse in Newport, AR, near major transportation routes.
      7301 Victory Blvd, Newport, AR
      View Details
    • $4,696,640
      234,832 SF

      Newport Industrial Building For Sale

      234,832 SF industrial building near US-67 in Newport, AR.
      7301 Victory Blvd, Newport, AR 72112
      View Details
    • $4,696,640
      234,832 SF

      Newport Industrial Building For Sale

      234,832 SF industrial building near Newport Municipal Airport.
      7301 Victory Blvd, Newport, AR 72112
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Almost half acre wooded lot in Newport, Arkansas.
    Where is this residential land & home lot located?
    The property is located at Holmes Street Newport, AR.
    What is the asking price?
    The asking price for this property is $36,000.
    What are key features of this property?
    This property features: Located in a desirable Newport neighborhood.; Almost half‑acre wooded lot.; Situated at the end of a quiet cul‑de‑sac.
    (501) 626-7792
    We can help!
    Listing Contact
    Missy Aaron
    Missy Aaron
    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
    Holmes Street, Newport, AR 72112
    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!