Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    12470 Jim Devault Rd Farmington, AR 72730
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    12470 Jim Devault Rd Farmington, AR 72730

    View on Map
    • Commercial real estate
    • 2,276 SF
    • 33.00 lot acres
    For Sale
    $4,750,000
    View Listing →
    High-Grossing Chicken Farm in AR For Sale
    $4,750,000
    2,276 SF

    High-Grossing Chicken Farm in AR

    Profitable poultry operation near U of A.

    Fayetteville, AR 72730
    View Listing
    Property ID
    US05-0821617
    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

    • Commercial real estate

    Property Details for 12470 Jim Devault Rd

    Year built
    1964
    Lot size
    33.00 lot acres
    Property size
    2,276 SF
    Property type
    Commercial real estate

    Description

    This exceptional 33-acre chicken farm in Farmington, AR, presents a rare investment opportunity. Boasting a substantial gross annual income of $790,000, this meticulously maintained property features eight 43x500-foot drop-ceiling houses, all constructed in 2004. Despite being built in 2004, the barns are in exceptional condition, thanks to continuous upgrades and maintenance over the past two decades. Recent improvements within the last five years include new drinker lines, updated heaters, enhanced fan systems, and upgraded insulation, ensuring peak operational efficiency. The farm utilizes well water with a reliable public water backup and natural gas heating. The property's strategic location offers significant advantages: a mere 15-minute commute to the University of Arkansas and proximity to excellent public schools. Furthermore, the farm benefits from its location within a rapidly growing area, promising future appreciation. The 2,276 square foot main building is situated on a spacious 33-acre lot. This turnkey operation is poised for continued success and offers a compelling return on investment. The property's strong financial performance, coupled with its prime location and recent upgrades, makes it an exceptional opportunity for discerning investors seeking a high-yield, low-maintenance agricultural asset.

    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
    Farmington
    County
    Washington
    State
    Arkansas
    Longitude
    -94.26917
    Latitude
    36.03354

    Comparable in this City

    • $1,585,000
      1.94 Acres

      Prime Commercial Land Opportunity

      1.94 acres of commercial land in thriving Farmington, Arkansas.
      W Main St, Farmington, AR 72730
      View Details
    • $2,870,000
      Pending

      Farmington Land Development Opportunity

      Prime residential development land in Farmington, Arkansas, near high school.
      12094 Highway 170 N, Farmington, AR 72730
      View Details
    • $649,900
      1,015 SF

      Prime Commercial Land Opportunity

      Commercial land with high traffic, development potential, and existing structure.
      248 Main St, Farmington, AR 72730
      View Details
    • $219,900
      1.00 Acre

      Acre Lot in Prairie Grove

      Residential land for custom home in a planned community.
      Otter Rd, Prairie Grove, AR 72730
      View Details
    • $3,150,000

      Land For Sale

      Land available for sale.
      12094 Highway 170 N, Farmington, AR 72730
      View Details
    • $330,000

      3.3 Acres of Open Land

      Open, level land near schools and downtown amenities.
      12253 Clyde Carnes Rd, Farmington, AR 72730
      View Details

    Similar Nearby for Sale

    • $1,585,000
      1.94 Acres

      Prime Commercial Land Opportunity

      1.94 acres of commercial land in thriving Farmington, Arkansas.
      W Main St, Farmington, AR 72730
      View Details
    • $2,870,000
      Pending

      Farmington Land Development Opportunity

      Prime residential development land in Farmington, Arkansas, near high school.
      12094 Highway 170 N, Farmington, AR 72730
      View Details
    • $219,900
      1.00 Acre

      Acre Lot in Prairie Grove

      Residential land for custom home in a planned community.
      Otter Rd, Prairie Grove, AR 72730
      View Details
    • $649,900
      1,015 SF

      Prime Commercial Land Opportunity

      Commercial land with high traffic, development potential, and existing structure.
      248 Main St, Farmington, AR 72730
      View Details
    • $330,000

      3.3 Acres of Open Land

      Open, level land near schools and downtown amenities.
      12253 Clyde Carnes Rd, Farmington, AR 72730
      View Details
    • $3,150,000

      Land For Sale

      Land available for sale.
      12094 Highway 170 N, Farmington, AR 72730
      View Details

    Similar Nearby for Lease

    • New
      $10 SF/Yr
      4,000 SF

      Farmington Flex Space For Rent

      Flex space with roll-up doors and yard space available.
      12329 Three Elms Rd, Farmington, AR 72730
      View Details
    • $10 SF/Yr
      4,000 SF

      Industrial Spaces For Lease

      Two industrial spaces for lease near US HWY 62.
      12329-12331 Three Elms Rd, Farmington, AR 72730
      View Details
    • New
      $10 SF/Yr
      4,000 SF

      Farmington Commercial Shop Building

      Commercial shop building in Farmington with many opportunities.
      12331 Three Elms Rd, Farmington, AR 72730
      View Details
    • $34 SF/Yr
      Pending

      Farmington Office Space For Lease

      Class A office space in Bristol Commons, available 04/15/26.
      140 Southwinds Rd, Farmington, AR 72730
      View Details
    • $32 SF/Yr
      1,091 SF

      Farmington Office Space For Sale

      Professional office space in Bristol Commons, Farmington, AR.
      140 Southwinds Rd, Farmington, AR 72730
      View Details
    View Listing
    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.
    12470 Jim Devault Rd
    Farmington, AR 72730
    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!