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    7055 Highway 66 Timbo, AR 72680

    • Grocery and convenience stores
    • 2,599 SF
    • 1.22 lot acres
    For Sale
    View listing
    $375,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US05-1196551
    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

    • Grocery and convenience stores

    Property Details for 7055 Highway 66

    Year built
    1962
    Lot size
    1.22 lot acres
    Property size
    2,599 SF
    Property type
    Grocery and convenience stores
    APN
    001-09362-000C
    APU
    00109362000C

    Description

    This exceptional business opportunity presents a 1.22-acre commercial lot ideally situated at 7055 Highway 66 in Timbo, Arkansas. The property's strategic location on Highway 66 offers significant visibility and accessibility for any commercial venture. The expansive 1.22-acre parcel provides ample space for development, allowing for flexibility in design and functionality to suit a variety of business needs. Whether you envision a retail establishment, a restaurant, or a light industrial operation, this property's size and location offer considerable potential for growth and success. The asking price of $375,000 represents a compelling investment opportunity in a thriving community. The property's address, 7055 Highway 66, Timbo, AR, ensures easy identification and convenient access for both customers and employees. This is a rare chance to acquire a substantial commercial lot in a desirable location with significant potential for future development and profitability. The property is ready for immediate development, offering a blank canvas for your entrepreneurial vision. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The expansive acreage provides ample room for expansion or the addition of complementary businesses. This is an excellent opportunity for investors seeking a strong return on investment in a growing market. Don't miss this chance to secure a prime commercial location in Timbo, Arkansas.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $270,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Timbo
    County
    Stone
    State
    Arkansas
    Longitude
    -92.3159
    Latitude
    35.8704

    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
    2024
    $1,231
    $2,930
    $31,070
    $34,000
    -
    $14,650
    $155,350
    $170,000

    Comparable in this City

    • Value Estimation by Request
      9,026 SF

      7427 Ar-66

      Individual retail properties • 9,026 SF
      7427 Ar-66, Timbo, AR 72680
      View Details
    • Value Estimation
      $230,000
      1,600 SF

      6986 Hwy 66

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,600 SF
      6986 Hwy 66, Timbo, AR 72680-8902
      View Details
    • Value Estimation
      $265,000
      2,120 SF

      9318 Hwy 66

      AUTO REPAIR, GARAGE • 2,120 SF
      9318 Hwy 66, Alco, AR 72680-8918
      View Details
    • Value Estimation
      $245,000
      3,200 SF

      23383 Hwy 263

      AUTO REPAIR, GARAGE • 3,200 SF
      23383 Hwy 263, Timbo, AR 72680
      View Details
    • Value Estimation
      $95,000
      3,100 SF

      9756 Hwy 66

      AUTO REPAIR, GARAGE • 3,100 SF
      9756 Hwy 66, Timbo, AR 72680-8818
      View Details
    • Value Estimation
      $210,000
      10,944 SF

      7427 Hwy 66

      WHOLESALE OUTLET, DISCOUNT STORE • 10,944 SF
      7427 Hwy 66, Timbo, AR 72680-8118
      View Details

    Similar Nearby for Sale

    • $1,336,431
      10,640 SF

      Retail Property on AR Highway-66

      Retail property with high visibility and easy access.
      7427 Highway 66, Timbo, AR 72680
      View Details
    • $375,000
      1.22 Acres

      Prime Timbo Highway Business Opportunity

      1.22-Acre Commercial Lot, $375,000
      7055 Highway 66, Timbo, AR 72680
      View Details
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    7055 Highway 66
    Timbo, AR 72680
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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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