Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Ml Crossett, AR 71635
    Property profile & analytics

    Ml, Crossett, AR 71635

    View on Map
    • Land
    • 17.14 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Ml

    Lot size
    17.14 lot acres
    Property type
    Land

    Description

    This exceptional 17.14-acre property in Crossett, Arkansas, presents a unique commercial opportunity. Located just south of Wood Street within the city's industrial area, this land boasts excellent access, making it highly desirable for a variety of commercial ventures. The property is zoned for timber and recreational uses, offering versatility for potential buyers. With a total asking price of $98,555, the land is priced at $5,750 per acre, representing a compelling value in this strategic location. Situated in Ashley County, Arkansas, with a zip code of 71635, the property's coordinates are 33.1528 latitude and -91.9598 longitude. Its prime location within the industrial sector of Crossett offers significant advantages for businesses seeking easy access and visibility. The expansive acreage provides ample space for development, allowing for flexibility in project design and scale. This is a rare opportunity to acquire a substantial parcel of land in a thriving industrial area, offering significant potential for future growth and return on investment. Serious inquiries are encouraged to explore the possibilities this property presents.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Crossett
    County
    Ashley
    State
    Arkansas
    Longitude
    -91.9598
    Latitude
    33.1528

    Comparable in this City

    • Value Estimation by Request
      130.62 Acres

      Split Crk

      Agricultural land / Farmland
      0 Split Crk, Crossett, AR 71635
      View Details
    • Value Estimation by Request
      38.25 Acres

      Lochala Rd

      Agricultural land / Farmland
      0 Lochala Rd, Crossett, AR 71635
      View Details
    • Value Estimation by Request
      78.57 Acres

      Ashley Hardwood 79

      Agricultural land / Farmland
      0 Ashley Hardwood 79, Crossett, AR 71635
      View Details
    • Value Estimation by Request
      3,459.94 Acres

      Joy Farm Morehouse Parish Mt

      Farms
      Joy Farm Morehouse Parish Mt, West Crossett, AR 71635
      View Details
    • Value Estimation by Request
      0.09 Acres

      Crossett, AR 71635

      INDUSTRIAL - VACANT LAND
      Crossett, AR 71635
      View Details
    • Value Estimation by Request
      0.09 Acres

      Crossett, AR 71635

      INDUSTRIAL - VACANT LAND
      Crossett, AR 71635
      View Details

    Similar Nearby for Sale

    • $1,267,500
      385.56 Acres

      Crossett Land with Lake Access

      385+ acres near Lake GP, Saline River, Felsenthal NWR.
      4 Ashley Cr 250, Crossett, AR 71635
      View Details
    • $79,000
      20.00 Acres

      20 Acres Homesite Land

      20 acres of land suitable for building a homesite.
      Ashley Road 20, Crossett, AR 71635
      View Details
    • Contact for pricing
      1,754 SF

      Land Available For Sale

      Land for sale with potential for various uses.
      462 Kelley Rd, Crossett, AR 71635
      View Details
    • Contact for pricing

      Acreage Near Crossett

      Land offers beauty, privacy, and freedom near the city.
      Tbd Tarver Rd, Crossett, AR 71635
      View Details
    • Contact for pricing

      Corner Lot in Crossett, Arkansas

      Large corner lot near local amenities; manufactured homes allowed.
      64 N Texas St, Crossett, AR 71635
      View Details
    • Contact for pricing
      0.64 Acres

      Crossett, AR Corner Lot

      Corner lot in Crossett, Arkansas, near local amenities.
      64 N Texas St, Crossett, AR 71635
      View Details
    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.
    Ml
    Crossett, AR 71635
    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
    Ml, Crossett, AR, 71635
    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!