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    Property profile & analytics

    815 Rock St Sheridan, AR 72150

    • Retail properties
    • 38,250 SF
    • 3.16 lot acres
    For Lease
    View listing
    $4 SF/Yr
    Value Estimation
    $1,555,000
    Last Sale
    Feb 07, 2023
    $1,650,000
    Location Intelligence
    Property ID
    US05-1741125
    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

    • Mad Butcher / Grocery Store
    • Western Union / Money Transfer Service

    Property Details for 815 Rock St

    Year built
    1974
    Lot size
    3.16 lot acres
    Property size
    38,250 SF
    Property type
    Retail properties
    APN
    700-01084-000C
    APU
    70001084000C

    Description

    This exceptional retail opportunity in Sheridan, Arkansas, presents a former grocery store location at 815 Rock Street, offering 26,020 square feet of leasable space at a rate of $4.95 per square foot, triple net (NNN). The property sits on a 3.21-acre lot and boasts ample parking with approximately 100 spaces. Benefitting from high visibility and strong traffic counts, averaging approximately 7,500 vehicles daily, this location provides excellent exposure for a variety of retail businesses. The single-story building, constructed in 1974, features a spacious layout with an 18-foot ceiling height, offering flexibility for diverse retail configurations. Located in Grant County, this property is well-suited for businesses seeking a prominent presence in a thriving community. The property's size and location make it ideal for a variety of retail uses. The total building size is 38,250 square feet, with multiple tenants possible. This is a prime opportunity to establish or expand a retail operation in a high-traffic area of Sheridan, Arkansas. The property's accessibility and spacious design support seamless operations and a positive customer experience.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,485,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,690,000
      6.5%
      $1,555,000
      7%
      $1,600,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,785,000
      Geo Method
      $1,845,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,800,000
      Retail
      $1,865,000
      Mixed-Use
      $1,845,000
      Hospitality
      $1,660,000
      Educational
      $1,740,000
      Residential Income
      $1,655,000
      Energy
      $1,840,000
      Income-Based Land
      $1,525,000
      Food Service
      $1,465,000

    Location Insight

    • Map
    • Local Demand
    City
    Sheridan
    County
    Grant
    State
    Arkansas
    Longitude
    -92.3979
    Latitude
    34.3152
    CBSA code
    30780
    CBSA name
    LITTLE ROCK-NORTH LITTLE ROCK, 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
    $6,025
    $24,330
    $109,560
    $133,890
    -
    $121,650
    $547,800
    $669,450

    Comparable in this City

    • Value Estimation by Request
      3,000 SF

      916 Rock St

      AUTO REPAIR, GARAGE • 3,000 SF
      916 Rock St, Sheridan, AR 72150-7067
      View Details
    • Value Estimation by Request
      1,000 SF

      Sheridan, AR 72150

      RESTAURANT • 1,000 SF
      Sheridan, AR 72150
      View Details
    • Value Estimation by Request
      1,800 SF

      105 7th St

      AUTO REPAIR, GARAGE • 1,800 SF
      105 7th St, Sheridan, AR 72150
      View Details
    • Value Estimation by Request
      1,729 SF

      116 Ctr St

      RETAIL STORES (PERSONAL SERVICES) • 1,729 SF
      116 Ctr St, Sheridan, AR 72150-2410
      View Details
    • Value Estimation by Request
      3,744 SF

      611 Ctr St

      RETAIL STORES (PERSONAL SERVICES) • 3,744 SF
      611 Ctr St, Sheridan, AR 72150-2511
      View Details
    • Value Estimation by Request
      4,940 SF

      105 Ctr St

      RETAIL STORES (PERSONAL SERVICES) • 4,940 SF
      105 Ctr St, Sheridan, AR 72150-2407
      View Details

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    815 Rock St
    Sheridan, AR 72150
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    Realmo Value Estimation

    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.

    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.

    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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