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    Property profile & analytics

    1430 E Main St Piggott, AR 72454

    • Office buildings
    • 3,856 SF
    • 1.00 lot acres
    For Sale
    View listing
    $449,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US05-0470711
    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

    • Tambra's Pooch Parlor / Pet Groomer

    Property Details for 1430 E Main St

    Lot size
    1.00 lot acres
    Property size
    3,856 SF
    Property type
    Office buildings
    APN
    761-02011-000C
    APU
    76102011000C

    Description

    This exceptional commercial property, located at 1430 Main Street in Piggott, Arkansas, presents a unique investment opportunity. Situated on a full acre of land, this general commercial lot offers significant potential for a variety of business ventures. The property's prime location on Main Street ensures high visibility and accessibility, making it an ideal site for retail, office, or light industrial use. The asking price is $479,000, reflecting the property's substantial size and strategic location within the thriving Piggott community. The expansive one-acre lot provides ample space for development, allowing for flexibility in design and construction to meet specific business needs. This property is a blank canvas, ready for an entrepreneur's vision to transform it into a successful and profitable enterprise. Given its size and location, this property represents a rare opportunity to establish a strong presence in the heart of Piggott. Serious inquiries are encouraged to explore the possibilities this exceptional commercial lot offers. The property is ready for immediate development, presenting a streamlined path to establishing a business in a desirable location. The address is 1430 Main Street, Piggott, AR. Further details are available upon request.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $330,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Piggott
    County
    Clay
    State
    Arkansas
    Longitude
    -90.1736
    Latitude
    36.3821

    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
    $1,710
    $22,220
    $21,160
    $43,380
    -
    $111,100
    $105,800
    $216,900

    Comparable in this City

    • Value Estimation
      $285,000
      1,496 SF

      249 Main St

      OFFICE BUILDING • 1,496 SF
      249 Main St, Piggott, AR 72454-2726
      View Details
    • Value Estimation
      $285,000
      1,210 SF

      392 Jackson St

      OFFICE BUILDING • 1,210 SF
      392 Jackson St, Piggott, AR 72454-2013
      View Details
    • Value Estimation
      $390,000
      11,900 SF

      666 Orr St

      OFFICE BUILDING • 11,900 SF
      666 Orr St, Piggott, AR 72454-2250
      View Details
    • Value Estimation
      $270,000
      1,020 SF

      146 2nd Ave

      OFFICE BUILDING • 1,020 SF
      146 2nd Ave, Piggott, AR 72454-2642
      View Details
    • Value Estimation
      $310,000
      1,540 SF

      1083 Main St

      OFFICE BUILDING • 1,540 SF
      1083 Main St, Piggott, AR 72454
      View Details
    • Value Estimation
      $295,000
      1,200 SF

      115 5th Ave

      OFFICE BUILDING • 1,200 SF
      115 5th Ave, Piggott, AR 72454-2584
      View Details

    Similar Nearby for Sale

    • $159,900
      2,700 SF

      Piggott Office Building on Square

      Commercial property on historic court square, leased until 2031.
      146 S 2Nd Ave, Piggott, AR 72454
      View Details
    • $85,000
      1,496 SF

      Piggott Office Building For Sale

      Office building with potential, conveniently located off main street.
      249 E Main St, Piggott, AR 72454
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    • $65,000
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      Turnkey Commercial Building on Main

      Well-maintained commercial building in the heart of Piggott, Arkansas.
      127 W Main St, Piggott, AR 72454
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    • $479,000
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      Piggott Commercial Property - Prime Location

      1-Acre Commercial Lot, $479,000. High potential.
      1430 Main St, Piggott, AR 72454
      View Details
    • $600,000

      100 Acres Outdoorsman's Paradise

      100-acre property with pasture, recreation, and relaxation.
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    • Contact for pricing
      0.15 Acres

      Residential Lot in Piggott, AR

      Corner lot in Piggott, Arkansas, suitable for manufactured homes.
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    1430 E Main St
    Piggott, AR 72454
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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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