Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    102 Main St Heber Springs, AR 72543-3113

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    102 Main St Heber Springs, AR 72543-3113

    View on Map
    • Office buildings
    • 8,848 SF
    Off-Market
    Property ID
    US05-1423526
    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.
    Value Estimations
    $715,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Cleburne County Historical Society / History Museum / Historical Society

    Property Details for 102 Main St

    Year built
    1930
    Property size
    8,848 SF
    Property type
    Office buildings
    APN
    300-00224-000-E
    APU
    30000224000E

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $526,000
      Market price range: $389k - $777k
      AI Estimate
      $899,000
      Market price range: $440k - $1.42M

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

    Location Insight

    • Map
    • Local Demand
    City
    Heber Springs
    County
    Cleburne
    State
    Arkansas
    Longitude
    -92.0286
    Latitude
    35.4917

    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
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,323 SF

      105 6th St

      OFFICE BUILDING • 1,323 SF
      105 6th St, Heber Springs, AR 72543-3011
      View Details
    • Value Estimation by Request
      408 SF

      Hwy 110th W

      OFFICE BUILDING • 408 SF
      Hwy 110th W, Heber Springs, AR 72543
      View Details
    • Value Estimation by Request
      4,044 SF

      1325 Hwy 25b

      OFFICE BUILDING • 4,044 SF
      1325 Hwy 25b, Heber Springs, AR 72543-2026
      View Details
    • Value Estimation by Request
      2,064 SF

      1149 Pangburn Rd

      OFFICE BUILDING • 2,064 SF
      1149 Pangburn Rd, Heber Springs, AR 72543-8189
      View Details
    • Value Estimation by Request
      1,814 SF

      411 Searcy St

      OFFICE BUILDING • 1,814 SF
      411 Searcy St, Heber Springs, AR 72543-3842
      View Details
    • Value Estimation by Request
      1,252 SF

      510 2nd St, Unit 512

      OFFICE BUILDING • 1,252 SF
      510 2nd St, Heber Springs, AR 72543-2511
      View Details

    Similar Nearby for Sale

    • $99,900
      1,500 SF

      Heber Springs Office Building

      1500 SF office building on Main Street for sale.
      515 W Main St, Heber Springs, AR 72543
      View Details
    • $389,500
      7,980 SF

      Commercial Building on Courthouse Square

      Commercial building with four rented suites in Heber Springs.
      115 S 3Rd St, Heber Springs, AR 72543
      View Details
    • $260,000
      2,335 SF

      Heber Springs Building and Land

      Commercial building and land in downtown Heber Springs, Arkansas.
      525 W Main St, Heber Springs, AR 72543
      View Details
    • $195,000
      1,800 SF

      Heber Springs Mixed-Use Property

      Historic mixed-use property in downtown Heber Springs, Arkansas.
      104 N 3Rd St, Heber Springs, AR 72543
      View Details
    • $195,000
      1,800 SF

      Heber Springs Office Space

      Office space for sale in Heber Springs, Arkansas.
      104 N 3Rd St, Heber Springs, AR 72543
      View Details
    • $198,874
      7,649 SF

      Historic Heber Springs Commercial Gem

      Two-story commercial building with income potential in historic district.
      308 W Main St, Heber Springs, AR 72543
      View Details

    Similar Nearby for Lease

    • $1,500 /Mo
      1,440 SF

      Remodeled Office Suite in Heber

      Versatile office suite with high foot traffic and ample parking.
      110 Tulaka Blvd, Heber Springs, AR 72543
      View Details
    • $23 SF/Yr
      1,800 SF

      Retail Space on Walmart Outparcel

      New construction retail space contiguous to T-Mobile lease.
      1426 Highway 25B, Heber Springs, AR 72543
      View Details
    • Contact for pricing

      Unique Drive-Thru End-Cap Available

      Drive-thru end-cap space available for lease.
      25 Heber Springs Rd, Heber Springs, AR 72543
      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.
    102 Main St
    Heber Springs, AR 72543-3113
    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.
    Sign Up Successful!
    You now have access to more from Realmo!