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    1408 Hwy 67 Tuckerman, AR 72473
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    1408 Hwy 67 Tuckerman, AR 72473

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    • Retail properties & Spaces
    • 8,160 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 1408 Hwy 67

    Year built
    1999
    Property size
    8,160 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Freestanding property

    Description

    This exceptional freestanding retail property, located at 1408 Hwy 67 S in Tuckerman, Arkansas, presents a significant opportunity for businesses seeking a prominent location. The building, constructed in 1999, boasts a total of 8,160 square feet on a 0.9-acre lot. Currently vacant, the entire 8,160 square feet is available for lease, offering ample space for a variety of retail uses. The single-story structure is situated in Jackson County (APN: 010-00142-024) and benefits from high visibility along Highway 67. Its single-tenant configuration provides flexibility and control for the lessee. The property's size and location make it ideal for a range of retail businesses seeking to establish a strong presence in the Tuckerman market. The zip code is 72473. This is a prime opportunity to secure a well-positioned retail space in a growing community. The property's previous use as a Dollar General store demonstrates its suitability for retail operations. Interested parties are encouraged to explore the potential of this versatile and strategically located building. The property offers a significant opportunity for a business seeking a strong presence in the Tuckerman area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tuckerman
    County
    Jackson
    State
    Arkansas
    Longitude
    -91.2103
    Latitude
    35.7138

    Comparable in this City

    • Value Estimation by Request
      10,360 SF

      812 Ar-367

      Individual retail properties • 10,360 SF
      812 Ar-367, Tuckerman, AR 72473
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    • Value Estimation by Request
      10,360 SF

      812 Hwy 367th S

      ROADSIDE MARKET • 10,360 SF
      812 Hwy 367th S, Tuckerman, AR 72473
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    • Value Estimation by Request
      1,560 SF

      1600 Hwy 367th S

      NURSERY, GREENHOUSE, FLORIST • 1,560 SF
      1600 Hwy 367th S, Tuckerman, AR 72473-8910
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    • Value Estimation by Request
      4,148 SF

      6601 Hwy 367th N

      RETAIL STORES (PERSONAL SERVICES) • 4,148 SF
      6601 Hwy 367th N, Tuckerman, AR 72473-9155
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    • Value Estimation by Request
      2,988 SF

      Hwy 367th N

      RETAIL STORES (PERSONAL SERVICES) • 2,988 SF
      Hwy 367th N, Tuckerman, AR 72473
      View Details
    • Value Estimation by Request
      1,536 SF

      706 Hwy 367th S

      RETAIL STORES (PERSONAL SERVICES) • 1,536 SF
      706 Hwy 367th S, Tuckerman, AR 72473
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,360 SF

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      Grocery and convenience stores • 10,360 SF
      812 Ar-367, Tuckerman, AR 72473
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    • $185,000
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      Tuckerman Former Grocery Store

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      812 Highway 367, Tuckerman, AR 72473
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      Former Grocery Store in Tuckerman

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    • $160,000
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      Tuckerman AR Commercial Land Opportunity

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    Tuckerman, AR 72473
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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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