Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1501 S Bay St Pine Bluff, AR 71603
    Back to Search
    Property profile & analytics

    1501 S Bay St Pine Bluff, AR 71603

    View on Map
    • Commercial real estate
    • 1.76 lot acres
    For Sale
    $75,000
    View Listing →
    1.77 Acres of Land For Sale
    $75,000
    1.77 Acres

    1.77 Acres of Land

    1.77 acres of land available for sale.

    1501 S Bay St, Pine Bluff, AR 71603
    View Listing
    Property ID
    US05-0928789
    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 1501 S Bay St

    Year built
    1963
    Lot size
    1.76 lot acres
    Property type
    Commercial real estate
    APN
    930-29392-000
    APU
    93029392000

    Description

    This exceptional 1.77-acre residential land parcel, located at 1501 S Bay St in Pine Bluff, Arkansas, presents a compelling investment opportunity. Zoned for residential development, this property offers significant potential for new construction or redevelopment. The lot's generous size allows for a variety of project types, from single-family homes to potentially multi-family dwellings, subject to local zoning regulations. Utilities are readily available, with electricity and gas already connected at the property line, simplifying the development process and reducing initial infrastructure costs. Situated in Jefferson County, Arkansas, with a zip code of 71603, this location offers convenient access to local amenities and transportation networks. The property's address is clearly identified as 1501 S Bay St, Pine Bluff, AR 71603. The asking price for this remarkable development opportunity is $75,000. This represents a significant value proposition for developers seeking a prime location in a growing area. Given the existing utilities and the desirable residential zoning, this property is poised for immediate development, making it an attractive investment for both experienced and emerging developers. Serious inquiries are encouraged to explore the full potential of this exceptional land parcel. Further due diligence is recommended to confirm zoning regulations and development possibilities.

    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
    Pine Bluff
    County
    Jefferson
    State
    Arkansas
    Longitude
    -92.0417
    Latitude
    34.214
    CBSA code
    38220
    CBSA name
    PINE BLUFF, AR METROPOLITAN STATISTICAL AREA

    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
    $711
    $10,520
    $1,280
    $11,800
    -
    $52,600
    $6,400
    $59,000

    Comparable in this City

    • Value Estimation by Request
      14.51 Acres

      6101 Olive St

      Land • 14.51 Acres
      6101 Olive St, Pine Bluff, AR 71603
      View Details
    • Value Estimation by Request
      0.19 Acres

      2302 28th Ave

      COMMERCIAL (GENERAL) • 0.19 Acres
      2302 28th Ave, Pine Bluff, AR 71603-5050
      View Details
    • Value Estimation by Request
      0.11 Acres

      3200 7th Ave

      COMMERCIAL (GENERAL) • 0.11 Acres
      3200 7th Ave, Pine Bluff, AR 71603-2004
      View Details
    • Value Estimation by Request
      0.67 Acres

      4001 9th Ave

      COMMERCIAL (GENERAL) • 0.67 Acres
      4001 9th Ave, Pine Bluff, AR 71603-1801
      View Details
    • Value Estimation by Request
      2.39 Acres

      Pine

      COMMERCIAL (GENERAL) • 2.39 Acres
      Pine, Bluff, AR 71603
      View Details
    • Value Estimation by Request

      Pine

      COMMERCIAL (GENERAL)
      Pine, Bluff, AR 71603
      View Details

    Similar Nearby for Sale

    • $250,000
      29,532 SF

      Pine Bluff Commercial Property

      Spacious commercial property in Pine Bluff, AR, available for sale.
      1222 W 6Th Ave, Pine Bluff, AR 71603
      View Details
    • Contact for pricing
      1.00 Acre

      Pine Bluff Acre Lot

      One acre lot in gated Pine Bluff community.
      2205 Foxborough Cv, Pine Bluff, AR 71603
      View Details
    • $199,900
      4,760 SF

      Refreshed Building and Land

      Two-story building with recent updates, ideal for various businesses.
      2309 E 6Th Ave, Pine Bluff, AR 71603
      View Details
    • Contact for pricing
      0.18 Acres

      Residential Lot in Pine Bluff

      Flat, partially wooded lot near amenities and Lake Saracen.
      1211 S Birch St, Pine Bluff, AR 71603
      View Details
    • $499,000
      19.16 Acres

      Pine Bluff Commercial Land Available

      Prime commercial land with excellent frontage and high traffic visibility.
      4826 Old Warren Rd, Pine Bluff, AR 71603
      View Details
    • Contact for pricing

      Sorrells Road Land Investment

      17 acres of plantation pine, great investment opportunity.
      Sorrells Rd, Pine Bluff, AR 71603
      View Details

    Similar Nearby for Lease

    • $9,930 /Mo
      9 SF

      Medical Office Space For Lease

      Specialized medical office space in a prominent healthcare hub.
      7200 S Hazel St, Pine Bluff, AR 71603
      View Details
    • Contact for pricing

      Retail Spaces Available For Rent

      Retail spaces available, ranging from 678 to 13,440 SqFt.
      2801 S Olive St, Pine Bluff, AR 71603
      View Details
    • $169,500
      2,695 SF

      Pine Bluff Office Space For Rent

      Office space for rent near JRMC in Pine Bluff.
      1801 W 40Th Ave, Pine Bluff, AR 71603
      View Details
    • Contact for pricing

      Pine Bluff Industrial Space Available

      16,820 SF industrial space ideal for manufacturing, storage, logistics.
      600 S Plum St, Pine Bluff, AR 71603
      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.
    1501 S Bay St
    Pine Bluff, AR 71603
    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

    Thank You for Inquiry
    1501 S Bay St, Pine Bluff, AR, 71603
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!