Property profile

2804 E Race Ave Searcy, AR 72143

FOR SALE
Medical Office Space
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Property ID
US05-1869244
2,147 SF 0.69 ac Built 2001
Last sale Jan 2023·$570,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This approximately 2,147-square-foot medical clinic facility is located at 2804 E Race Ave in Searcy, Arkansas, on a high-traffic corridor with storefront exposure along E Race Ave (approximately 24,000 vehicles per day). The building is configured for clinic use and is situated as a dark medical clinic asset with interior spaces suitable for medical and professional services. The property includes in-place tenant occupancy arrangements, indicating the presence of existing revenue-producing use at the time of the prior operation.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$4k
Tax billed · 2024
Assessed value$105k
Assessed land$57k
Assessed improvement$48k
Effective rate4.06%

Value estimate

· Nov 2026
$540k
$486k – $594k
AI approach$520k
CAP approach$410k
NOI build-up
Gross scheduled income$46k
Vacancy & credit loss−$684
Operating expenses−$18k
NOI · 3.51% cap applied$27k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
3.51%
$27k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWHITE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.8
Law Firm17.7
Wholesale Shop14.0

Location

2804 E Race Ave Searcy, AR 72143
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1113 Main, Searcy, AR 72143-7318 $272,000 Apr 2024 7,186 SF
103 Woodlane, Searcy, AR 72143-6113 $612,000 Jul 2023 3,700 SF
1120 Main, Searcy, AR 72143-7319 $1,300,000 Jul 2022 13,704 SF
1825 Beebe Capps, Searcy, AR 72143-6872 $115,000 Jul 2022 No data
2916 Hawkins, Searcy, AR 72143-4802 $310,000 Feb 2021 2,016 SF
305 Rodgers, Searcy, AR 72143-7432 $530,000 Dec 2018 4,633 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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