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

    1200 Main St Clarksville, AR 72830-9552

    • Flex space
    • 10,400 SF
    • 3.72 lot acres
    OFF-MARKET
    Value Estimations
    $300,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US05-0577703
    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

    • Summit Stone Products, Inc. / Stone Supplier

    Property Details for 1200 Main St

    Year built
    2008
    Lot size
    3.72 lot acres
    Property size
    10,400 SF
    Property type
    Flex space
    APN
    002-01522-000C
    APU
    00201522000C

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $230,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $374,000
      Market price range: $46.4k - $464k

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $310,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Clarksville
    County
    Johnson
    State
    Arkansas
    Longitude
    -93.4377
    Latitude
    35.4693

    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
    $3,658
    $14,030
    $56,580
    $70,610
    -
    $70,150
    $282,900
    $353,050

    Comparable in this City

    • Value Estimation
      $485,000
      54,796 SF

      401 Cline Rd

      LIGHT INDUSTRIAL • 54,796 SF
      401 Cline Rd, Clarksville, AR 72830-3215
      View Details
    • Value Estimation
      $225,000
      10,092 SF

      205 Porter Industrial Rd

      LIGHT INDUSTRIAL • 10,092 SF
      205 Porter Industrial Rd, Clarksville, AR 72830
      View Details
    • Value Estimation
      $640,000
      44,305 SF

      113 Taylor Rd

      LIGHT INDUSTRIAL • 44,305 SF
      113 Taylor Rd, Clarksville, AR 72830
      View Details
    • Value Estimation by Request
      54,796 SF

      401 Cline Rd

      LIGHT INDUSTRIAL • 54,796 SF
      401 Cline Rd, Clarksville, AR 72830-3215
      View Details
    • Value Estimation
      $185,000
      8,379 SF

      125 Porter Industrial Rd

      LIGHT INDUSTRIAL • 8,379 SF
      125 Porter Industrial Rd, Clarksville, AR 72830-3372
      View Details
    • Value Estimation
      $425,000
      11,264 SF

      1238 Market St

      LIGHT INDUSTRIAL • 11,264 SF
      1238 Market St, Clarksville, AR 72830-9027
      View Details

    Similar Nearby for Sale

    • New
      Contact for pricing
      3,300 SF

      Clarksville Warehouse/Office Space For Sale

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      View Details
    • $189,900
      0.14 Acres

      Clarksville Commercial Lot - Prime Location

      0.14-acre lot, ideal for development. High-traffic area.
      1001 Main St, Clarksville, AR 72830
      View Details
    • $1,900,000
      1.20 Acres

      Prime Clarksville Business Opportunity

      1.2-Acre Commercial Land, $1.9M
      821 Main St, Clarksville, AR 72830
      View Details
    • $600,000
      80.00 Acres

      80 Acres Near Downtown

      80-acre property with pastures, barn, home, near downtown Clarksville.
      226 Lee St, Clarksville, AR 72830
      View Details
    • $289,000
      2.23 Acres

      Clarksville Land Development Opportunity

      Level, commercially zoned land near Exit 57 in Clarksville.
      28 S Crawford St, Clarksville, AR 72830
      View Details
    • $99,900
      1,024 SF

      Remodeled Building in Historic District

      Remodeled 1911 building in Clarksville's Historic Downtown District.
      115 N Fulton St, Clarksville, AR 72830
      View Details

    Similar Nearby for Lease

    • $159,900
      3,520 SF

      Clarksville Airport Hangar with Living

      Aviation property with hangar, office, living space, and runway access.
      1413 E Main St #16 & #17, Clarksville, AR 72830
      View Details
    • $12 SF/Yr
      5,250 SF

      Retail Space in Southgate Center

      5,250 SF suite available in popular Clarksville shopping center.
      1107 S Rogers St, Clarksville, AR 72830
      View Details
    • $239,900
      5,000 SF

      Aviation Hangar with Living Space

      Unique aviation opportunity with income potential and on-site living.
      1413 Hanger, Clarksville, AR 72830
      View Details
    • $79,900
      4,800 SF

      Clarksville Airport Hangar with Loft

      Hangar with loft, restroom, and flexible-use rooms at Clarksville Airport.
      1413 E Main St #13, Clarksville, AR 72830
      View Details
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    1200 Main St
    Clarksville, AR 72830-9552
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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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