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    1 Kreed Ln Brookland, AR 72417
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    1 Kreed Ln, Brookland, AR 72417

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    • Mixed-use properties
    • 13,450 SF
    • 1.98 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mixed-use properties

    Property Details for 1 Kreed Ln

    Lot size
    1.98 lot acres
    Property type
    Mixed-use properties

    Description

    This exceptional mixed-use commercial property, currently under construction, presents a unique investment opportunity in the desirable Brookland, AR market. Located at 1 Kreed Lane, this 13,450 square foot building boasts ten individual units, ideal for a variety of commercial ventures. The property sits on a generous 1.98-acre lot, providing ample parking for tenants and customers. Its strategic location offers excellent visibility and high traffic counts, thanks to convenient access from Highway 49N and North Oak Street. This prime location ensures maximum exposure for your business or investment portfolio. The building's design and construction are geared towards attracting a diverse range of tenants, making it an attractive prospect for both owner-occupiers and investors seeking strong rental income potential. Individual units are also available for lease, providing flexibility for potential buyers. This is a rare opportunity to acquire a brand-new, high-quality commercial building in a thriving area. Don't miss out on this chance to secure a significant presence in the Brookland commercial landscape. The asking price is $2,225,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Brookland
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.583
    Latitude
    35.917

    Comparable in this City

    • Value Estimation by Request
      1,264 SF

      10 Kreed Ln

      Mixed-use properties
      10 Kreed Ln, Brookland, AR 72417
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    • Value Estimation by Request
      40.00 Acres

      1295 Stevens St

      Farms
      1295 Stevens St, Brookland, AR 72417
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    • Value Estimation by Request

      Hwy 49th N

      COMMERCIAL (GENERAL)
      Hwy 49th N, Brookland, AR 72417
      View Details
    • Value Estimation by Request

      Hwy 49

      COMMERCIAL (GENERAL)
      Hwy 49, Brookland, AR 72417
      View Details
    • Value Estimation by Request
      2.00 Acres

      Brookland, AR 72417

      VACANT COMMERCIAL LAND
      Brookland, AR 72417
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    • Value Estimation by Request
      600 SF

      209 Holman St

      BARBER, HAIR SALON
      209 Holman St, Brookland, AR 72417-8866
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      13,450 SF

      Brookland Mixed-Use Commercial Building

      Under construction mixed-use building in high-traffic Brookland location.
      1 Kreed Ln, Brookland, AR 72417
      View Details
    • $55,000
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      Brookland, AR Buildable Lot

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    • $55,000
      0.28 Acres

      Brookland, AR Build-Ready Lot

      Ready for construction in a desirable, growing Brookland neighborhood.
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    • $58,000
      0.35 Acres

      Residential Land in Growing Subdivision

      0.35-acre corner lot in Brookland's Horseshoe Creek Subdivision.
      108 Gordo Dr, Brookland, AR 72417
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    • $55,000
      0.22 Acres

      Residential Lot in Brookland, AR

      Building lot in Horseshoe Creek Subdivision, Brookland, Arkansas.
      119 Gordo Dr, Brookland, AR 72417
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    • $189,000
      8.00 Acres

      Brookland Land For Sale

      8+ acres available on Craighead and Greene County line.
      8 Acres 761 Rd, Brookland, AR 72417
      View Details
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    Brookland, AR 72417
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    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
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