Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Commercial Land on Highway 62-412 Title is generated by Realmo AI

    US Hwy 62-412 HWY 62-412, Ash Flat, AR 72513

    View on Map
    Claim this Listing
    For Sale
    $250,000

    COMMERCIAL - Ash Flat, AR

    Lot size:
    1.70 Acres
    Added:
    May 7, 2026
    Days on Market:
    15
    Last Refresh:
    May 21 at 6:06 pm

    Property Features for US Hwy 62-412 HWY 62-412

    General Information

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

    Taxes and HOA fees

    Tax Description
    See contract

    We can help!

    Listing Contact
    Jennifer Williams

    Listing agent Jennifer Williams

    Listing office Hobson Realtors 5384 Poplar, Memphis, AR

    Listing date May 7, 2026

    MLS# 26018454

    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

    • Prime commercial location on U.S. Highway 62‑412.
    • High ground location.
    • Located across from Walmart in Ash Flat.
    • Adjacent to Sonic.
    • Surrounded by numerous businesses.
    • Fire Department located behind the property.

    Overview

    This 1.7 +/- acre commercial land is located on U. S. Highway 62-412, across from the Ash Flat Walmart and next to Sonic. The property is surrounded by businesses and is situated on high ground. The fire department is located just behind the property, offering potential for various commercial uses.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Ash Flat
    County
    Sharp
    State
    Arkansas
    Longitude
    -91.5930565
    Latitude
    36.2407269

    Nearby Similar for Sale

    • $89,000

      Highway Frontage Land in Ash Flat

      High-visibility commercial land with highway frontage near major amenities.
      232 Highway 62 W, Ash Flat, AR 72513
      View Details
    • $342,500
      1,200 SF

      Turnkey Commercial Business Opportunity

      Prime location commercial business with multiple buildings on 2+ acres.
      648 Hwy 62-412, Ash Flat, AR 72513
      View Details
    • $255,000

      Highway Frontage Acreage Homesite

      45.7+/- acres with utilities, ideal for residence or recreation.
      3968 Highway 167, , AR 72513
      View Details
    • $2,150,000

      217 Acres Development Opportunity

      217 acres of prime development land in Ash Flat, AR.
      11111 Hwy 62/412, Ash Flat, AR 72513
      View Details
    • $170,000

      49 Acres Near Ash Flat

      49 acres near Ash Flat with highway frontage.
      000 Hwy 289 North, Ash Flat, AR 72513
      View Details
    • $209,900
      1,152 SF

      Commercial Building and Land Opportunity

      Renovated commercial building with residential rental and expansion potential.
      681 Ash Flat Drive, Ash Flat, AR 72513
      View Details
    • $89,500

      Prime Commercial Land in Ash Flat

      Strategic development opportunity in Ash Flat's commercial core.
      TBD J & M Boulevard, Ash Flat, AR 72513
      View Details
    • $120,000

      Highway Frontage Development Opportunity

      5.37-acre commercial land with highway frontage in Ash Flat, AR.
      TBD Hwy 62 West, Ash Flat, AR 72513
      View Details
    • $255,000

      Ash Flat Acreage Homesite Potential

      45.7 acres near Ash Flat with utilities and highway frontage.
      3968 Highway 167, Ash Flat, AR 72513
      View Details
    • $199,900

      33.25 Acres Within City Limits

      33.25 acres in Ash Flat, AR, city water/sewer access.
      Arnhart Street, Ash Flat, AR 72513
      View Details
    • $49,900

      Land For Sale Ash Flat

      3.46 acre lot suitable for commercial or residential use.
      Little Creek Circle, Ash Flat, AR 72513
      View Details
    • $19,900

      Highway Frontage Commercial Lot

      Cleared commercial lot with high visibility and traffic counts.
      412 Highway 62 W, Ash Flat, AR 72513
      View Details

    FAQs

    What type of property is this?
    Commercial land - 1.7 acre commercial land near Walmart and Sonic.
    Where is this commercial land located?
    The property is located at US Hwy 62-412 HWY 62-412 Ash Flat, AR.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: Prime commercial location on U.S. Highway 62‑412.; High ground location.; Located across from Walmart in Ash Flat.
    (901) 825-0044
    We can help!
    Listing Contact
    Jennifer Williams
    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
    US Hwy 62-412 HWY 62-412, Ash Flat, AR 72513
    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!