Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Perryville, AR 72126
    Back to Search
    Property profile & analytics

    Perryville, AR 72126

    View on Map
    • Investment properties
    • 3.13 lot acres
    For Sale
    $2,500,000
    View Listing →
    Perryville, AR Business Opportunity For Sale
    $2,500,000

    Perryville, AR Business Opportunity

    Prime 3.13-Acre Commercial Land

    Cherry Hill, AR 72126
    View Listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Investment properties

    Property Details

    Year built
    1965
    Lot size
    3.13 lot acres
    Property type
    Investment properties

    Description

    This exceptional commercial property presents a unique investment opportunity in the thriving town of Perryville, Arkansas. Spanning 3.13 acres of land, this expansive site offers significant potential for a wide range of business ventures. The property's generous size allows for ample space for development, expansion, or the creation of a multi-faceted commercial complex. Its strategic location within Perryville ensures high visibility and accessibility, attracting a substantial customer base. The asking price of $2,500,000 reflects the significant value and potential return on investment this property offers. Given the substantial acreage and prime location, this property is ideal for entrepreneurs seeking to establish a new business or for existing companies looking to expand their operations. The absence of existing structures provides a blank canvas for customized development, allowing for the creation of a property perfectly tailored to specific business needs. This presents a rare chance to acquire a large parcel of commercial land in a desirable location, offering substantial potential for growth and profitability. Serious inquiries are encouraged to explore the possibilities this exceptional property presents. The property is being sold as-is. Further due diligence is recommended by prospective buyers. This is a remarkable opportunity to secure a significant commercial asset in a growing market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Perryville
    County
    Perry
    State
    Arkansas
    Longitude
    -92.8564
    Latitude
    34.9608

    Comparable in this City

    • Value Estimation by Request
      9,400 SF

      416 Fourche Ave

      Lifestyle centers • 9,400 SF
      416 Fourche Ave, Perryville, AR 72126
      View Details
    • Value Estimation by Request
      0.78 Acres

      4th Ave

      VACANT COMMERCIAL LAND • 0.78 Acres
      4th Ave, Perryville, AR 72126
      View Details
    • Value Estimation by Request

      506 4th Ave

      COMMERCIAL (GENERAL)
      506 4th Ave, Perryville, AR 72126-9701
      View Details
    • Value Estimation by Request
      1,800 SF

      405 4th Ave

      NURSERY, GREENHOUSE, FLORIST • 1,800 SF
      405 4th Ave, Perryville, AR 72126-9747
      View Details
    • Value Estimation by Request
      1,080 SF

      1610 Aplin Ave

      BARBER, HAIR SALON • 1,080 SF
      1610 Aplin Ave, Perryville, AR 72126-8283
      View Details
    • Value Estimation by Request
      717 SF

      3 Hickory Ln

      BARBER, HAIR SALON • 717 SF
      3 Hickory Ln, Perryville, AR 72126-8167
      View Details

    Similar Nearby for Sale

    • $2,500,000
      3.13 Acres

      Perryville, AR Business Opportunity

      Prime 3.13-Acre Commercial Land
      Perryville, AR 72126
      View Details
    • $1,950,000
      2,600 SF

      Perryville Commercial Investment Property

      Shell gas station with U-Haul franchise on 3.13 acres.
      3151 Highway 10 E, Perryville, AR 72126
      View Details
    • Contact for pricing
      0.75 Acres

      Commercial Land in Perryville, AR

      Commercial corner lot suitable for building a business.
      10-4N-17W Fourche Ave, Perryville, AR 72126
      View Details
    • Contact for pricing
      2.00 Acres

      Wooded Lot in Big Rock Estates

      Wooded lot near Ouachita National Forest, Perryville, AR.
      44 Dylan Dr, Perryville, AR 72126
      View Details
    • $199,500
      5,000 SF

      Highway 9 Commercial Property

      Commercial property for sale on Highway 9 in Perryville.
      1463 Highway 9, Perryville, AR 72126
      View Details
    • Contact for pricing
      2.00 Acres

      Wooded Lot in Big Rock Estates

      Wooded lot near Ouachita National Forest, Perryville, AR.
      38 Dylan Dr, Perryville, AR 72126
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Building Sublease Opportunity

      8,200 SF retail space available for sublease.
      416 S Fourche Ave, Perryville, AR 72126
      View Details
    • Contact for pricing
      8,200 SF

      Retail Space Available for Lease

      Retail space available for lease with pylon signage.
      410 N Fourche Ave, Perryville, AR 72126
      View Details
    View Listing
    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.
    Perryville, AR 72126
    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
    Perryville, AR, 72126
    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!