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    112 Hwy 270th W Mount Ida, AR 71957-8000
    Property profile & analytics

    112 Hwy 270th W Mount Ida, AR 71957-8000

    View on Map
    • Grocery and convenience stores
    • 13,515 SF
    • 0.70 lot acres
    Off-Market
    Property ID
    US05-1374696
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 112 Hwy 270th W

    Year built
    1984
    Lot size
    0.70 lot acres
    Property size
    13,515 SF
    Property type
    Grocery and convenience stores
    APN
    078-00063-000
    APU
    7800063000

    Description

    This exceptional 2.5-acre commercial property in Mount Ida, Arkansas, boasts a substantial 21,000-square-foot building, presenting a multitude of business opportunities. Located at 112 W Hwy 270, this prime location offers excellent visibility and accessibility, situated near major highways and within a thriving commercial district. The building itself features ample parking, modern utilities including central heat and air, and over ten potential office spaces. The property's zoning allows for diverse commercial development, including retail, offices, warehouses, or mixed-use projects, making it an ideal investment for businesses, developers, or investors seeking to capitalize on the area's growing market. The property's size and versatility offer flexibility for various business types, with high demand for commercial space in this location ensuring strong potential for return. The asking price is $675,000. From Hot Springs, take Hwy 270 West into Mount Ida

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Mount Ida
    County
    Montgomery
    State
    Arkansas
    Longitude
    -93.634
    Latitude
    34.5597

    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
    2015
    $1,415
    $3,510
    $28,000
    $31,510
    -
    $17,550
    $140,000
    $157,550

    Comparable in this City

    • Value Estimation by Request
      6,160 SF

      398 Hwy 270th W

      CONVENIENCE STORE • 6,160 SF
      398 Hwy 270th W, Mount Ida, AR 71957-8301
      View Details
    • Value Estimation by Request
      1,332 SF

      413 Hwy 270th E

      CONVENIENCE STORE • 1,332 SF
      413 Hwy 270th E, Mount Ida, AR 71957-9478
      View Details
    • Value Estimation by Request
      3,840 SF

      3529 Hwy 270th E

      CONVENIENCE STORE • 3,840 SF
      3529 Hwy 270th E, Mount Ida, AR 71957-8094
      View Details
    • Value Estimation by Request
      1,792 SF

      439 Hwy 270th E

      CONVENIENCE STORE • 1,792 SF
      439 Hwy 270th E, Mount Ida, AR 71957
      View Details
    • Value Estimation by Request
      2,000 SF

      430 Hwy 270th E

      RETAIL STORES (PERSONAL SERVICES) • 2,000 SF
      430 Hwy 270th E, Mount Ida, AR 71957
      View Details
    • Value Estimation by Request
      2,016 SF

      2529 Hwy 270th E

      RETAIL STORES (PERSONAL SERVICES) • 2,016 SF
      2529 Hwy 270th E, Mount Ida, AR 71957-8066
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      14,328 SF

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    • $605,000
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      Versatile Commercial Building on Highway

      21,000 SF building on 2.5 acres with highway visibility.
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    • Contact for pricing
      21,000 SF

      Versatile Commercial Building and Land

      21,000 sq ft commercial building on 2.5 acres.
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    • $110,000
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      Mount Ida Commercial Opportunity

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      240 N George St, Mount Ida, AR 71957
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    • $300,000
      4.34 Acres

      Mount Ida Wooded Subdivision Lot

      Wooded 4.34 acre lot near Lake Ouachita and national forest.
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    Mount Ida, AR 71957-8000
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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.

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