Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    1400 43rd Ave Pine Bluff, AR 71603-7010

    • Medical offices
    • 5,561 SF
    • 0.90 lot acres
    OFF-MARKET
    Value Estimations
    $255,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US05-0728384
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Armstrong Jr Simmie MD / Family Practice Physician
    • Ashley D. James, MSN / Nurse Practitioner / Registered General Nurse
    • Dr. Simmie Armstrong Jr, MD / Family Practice Physician
    • Pine Bluff Family Medical Center / Medical Clinic

    Property Details for 1400 43rd Ave

    Year built
    1977
    Lot size
    0.90 lot acres
    Property size
    5,561 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    931-75081-000
    APU
    93175081000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $255,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Pine Bluff
    County
    Jefferson
    State
    Arkansas
    Longitude
    -92.0159
    Latitude
    34.1857
    CBSA code
    38220
    CBSA name
    PINE BLUFF, AR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,328
    $6,000
    $65,470
    $71,470
    -
    $30,000
    $327,350
    $357,350

    Comparable in this City

    • Value Estimation
      $230,000
      2,050 SF

      1801 40th Ave Ste 1a

      MEDICAL BUILDING • 2,050 SF
      1801 40th Ave Ste 1a, Pine Bluff, AR 71603-6956
      View Details
    • Value Estimation
      $255,000
      1,300 SF

      1600 42nd Ave

      MEDICAL BUILDING • 1,300 SF
      1600 42nd Ave, Pine Bluff, AR 71603-7006
      View Details
    • Value Estimation by Request
      2,810 SF

      1609 40th Ave

      MEDICAL BUILDING • 2,810 SF
      1609 40th Ave, Pine Bluff, AR 71603-6319
      View Details
    • Value Estimation
      $255,000
      3,040 SF

      2421 28th Ave, Unit 2429

      MEDICAL BUILDING • 3,040 SF
      2421 28th Ave, Pine Bluff, AR 71603-5051
      View Details
    • Value Estimation
      $235,000
      2,400 SF

      1801 40th Ave Ste 7a

      MEDICAL BUILDING • 2,400 SF
      1801 40th Ave Ste 7a, Pine Bluff, AR 71603-6964
      View Details
    • Value Estimation
      $320,000
      11,066 SF

      1609 40th Ave

      MEDICAL BUILDING • 11,066 SF
      1609 40th Ave, Pine Bluff, AR 71603-6319
      View Details

    Similar Nearby for Sale

    • $89,900
      1,500 SF

      Medical Office in Pine Bluff

      Move-in ready medical office near Jefferson Regional Medical Center.
      1801 W 40Th Ave, Pine Bluff, AR 71603
      View Details
    • $175,000
      4,200 SF

      Former Animal Hospital For Sale

      4200 SF building suitable for retail or medical redevelopment.
      3701 S Olive St, Pine Bluff, AR 71603
      View Details
    • $63,750
      2,550 SF

      Remodeled Office Building and Land

      Recently remodeled office building suitable for medical or professional services.
      1702 Doctors Dr, Pine Bluff, AR 71603
      View Details
    • $149,900
      6,000 SF

      Pine Bluff Office/Retail Opportunity

      6,000 SF building suitable for retail, office, or gym.
      3004 W 34Th Ave, Pine Bluff, AR 71603
      View Details
    • $125,000
      3,600 SF

      Pine Bluff Commercial Building For Sale

      Commercial building with three offices, immediate income, and high visibility.
      2902 Catalpa St, Pine Bluff, AR 71603
      View Details
    • $89,450
      20.00 Acres

      Prime 20-Acre Pine Bluff Land

      Arkansas commercial & recreational land; excellent investment.
      0 Sorrells Rd, Pine Bluff, AR 71603
      View Details

    Similar Nearby for Lease

    • $169,500
      2,695 SF

      Pine Bluff Office Space For Rent

      Office space for rent near JRMC in Pine Bluff.
      1801 W 40Th Ave, Pine Bluff, AR 71603
      View Details
    • Contact for pricing
      315,472 SF

      Jefferson Square Retail Center

      Pine Bluff, AR: Prime Retail Space Available
      2801 Olive St, Pine Bluff, AR 71603
      View Details
    • $298,000
      16,270 SF

      Spacious Warehouse with Office/Showroom

      16,290 SF industrial property with warehouse, office, and showroom.
      3017 S Midland Dr, Pine Bluff, AR 71603
      View Details
    • $11 SF/Yr
      2,520 SF

      Retail Space in Walmart Shadow

      Retail space available in Walmart shadow center near I-530.
      5401 S Olive St, Pine Bluff, AR 71603
      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.
    1400 43rd Ave
    Pine Bluff, AR 71603-7010
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.