Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1188 W 6Th St Waldron, AR 72958

    • Retail properties & Spaces
    • 20.60 lot acres
    For Sale
    View listing
    $295,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US05-0696573
    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

    • Retail properties & Spaces

    Property Details for 1188 W 6Th St

    Lot size
    20.60 lot acres
    Property type
    Retail properties & Spaces

    Description

    Exceptional retail investment opportunity in Waldron, Arkansas. This ±20.6-acre property boasts significant frontage on both State Highway 71 (6,500 vehicles per day) and W 6th St (4,800 vehicles per day), ensuring high visibility and accessibility. The C-2 zoning allows for a wide range of retail uses. Utilities are readily available on-site. The property's strategic location surrounds Harps Food Stores and is situated within a thriving commercial area. Nearby established businesses include Mercy Hospital, Walgreens, Dollar General, Sonic, Pizza Hut, True Value Hardware, and Waldron High School, creating a strong and diverse customer base. This expansive parcel presents a unique chance to develop a successful retail venture in a high-traffic, well-established community. The asking price is $395,000. This is a rare opportunity to acquire a substantial retail property in a desirable location with excellent visibility and access.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Waldron
    County
    Scott
    State
    Arkansas
    Longitude
    -94.1044
    Latitude
    34.897

    Comparable in this City

    • Value Estimation by Request
      24,695 SF

      1350 6th St

      ROADSIDE MARKET • 24,695 SF
      1350 6th St, Waldron, AR 72958-2600
      View Details
    • Value Estimation by Request
      22,810 SF

      148 2nd St

      ROADSIDE MARKET • 22,810 SF
      148 2nd St, Waldron, AR 72958-5024
      View Details
    • Value Estimation by Request
      81.77 Acres

      Waldron Ar Usa

      Farms • 1,216 SF
      0 Waldron Ar Usa, Waldron, AR 72958
      View Details
    • Value Estimation by Request
      28.00 Acres

      11811 Highway 248

      Land • 6,000 SF
      11811 Highway 248, Waldron, AR 72958
      View Details
    • Value Estimation by Request
      2,190 SF

      232 Main St

      NURSERY, GREENHOUSE, FLORIST • 2,190 SF
      232 Main St, Waldron, AR 72958
      View Details
    • Value Estimation by Request
      1,706 SF

      314 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,706 SF
      314 Main St, Waldron, AR 72958-7350
      View Details

    Similar Nearby for Sale

    • $2,251,034
      4,337 SF

      McDonald's & Valero Gas Station

      NNN investment with 19 years remaining on the lease.
      42 Sweet Gum Ln, Waldron, AR 72958
      View Details
    • $280,000
      0.60 Acres

      Turn-Key Mechanic Shop For Sale

      Established mechanic shop with equipment and loyal client base.
      814 N Main St, Waldron, AR 72958
      View Details
    • Contact for pricing
      2,410 SF

      Highway Adjacent Shop with Hoist

      2400 SF shop with hoist near Highway 71.
      631 Us-71 Byp N, Waldron, AR 72958
      View Details
    • $2,450,000
      Pending

      77-Unit Multifamily Investment Opportunity

      Two properties with upside potential in Waldron, Arkansas.
      849 Elm St, Waldron, AR 72958
      View Details
    • Contact for pricing
      0.17 Acres

      Residential Lot in Waldron, AR

      Building lot with city amenities, suitable for a tiny home.
      73 W 8Th St, Waldron, AR 72958
      View Details
    • Contact for pricing
      0.50 Acres

      Residential Lot in Waldron, AR

      Level building lot with city amenities in Waldron, Arkansas.
      179 E 8Th St, Waldron, AR 72958
      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.
    1188 W 6Th St
    Waldron, AR 72958
    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!