Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    518 Malcolm Ave Newport, AR 72112-3404
    Back to Search
    Property profile & analytics

    518 Malcolm Ave, Newport, AR 72112-3404

    View on Map
    • Turn key restaurants
    • 1,504 SF
    • 0.38 lot acres
    Off-Market
    Property ID
    US05-1330342
    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

    • Turn key restaurants

    Property Details for 518 Malcolm Ave

    Year built
    1980
    Lot size
    0.38 lot acres
    Property type
    Turn key restaurants
    APN
    013-00274-000
    APU
    1300274000

    Description

    This exceptional business opportunity is situated on a sizable 0.4-acre lot at 518 Malcolm in Newport, Arkansas. Priced competitively at $175,000, this property presents a unique chance for a savvy investor or entrepreneur to establish or expand their business venture. The property's location in Newport offers excellent access to local amenities and a strong potential customer base. The substantial 0.4-acre lot provides ample space for development, allowing for flexibility in design and functionality to suit a variety of business needs. Whether you envision a retail space, office complex, or other commercial enterprise, this property's generous land area offers significant potential for growth and expansion. The address, 518 Malcolm, ensures high visibility and easy accessibility for customers and employees alike. This is a rare opportunity to acquire a well-positioned commercial property in a thriving Arkansas community. The asking price reflects the property's significant potential and represents an attractive investment in a dynamic market. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. Further details regarding the property's zoning and potential uses are available upon request. Don't miss this chance to secure a prime commercial location in Newport, Arkansas.

    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
    Newport
    County
    Jackson
    State
    Arkansas
    Longitude
    -91.2734
    Latitude
    35.6061

    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
    $846
    $5,010
    $11,260
    $16,270
    -
    $25,050
    $56,300
    $81,350

    Comparable in this City

    • Value Estimation by Request
      4,064 SF

      121 Hazel St

      RESTAURANT
      121 Hazel St, Newport, AR 72112
      View Details
    • Value Estimation by Request
      4,252 SF

      112 Harwood St

      RESTAURANT
      112 Harwood St, Newport, AR 72112-3680
      View Details
    • Value Estimation by Request
      2,108 SF

      104 3rd St

      RESTAURANT
      104 3rd St, Newport, AR 72112-3412
      View Details
    • Value Estimation by Request
      1,883 SF

      601 Malcolm Ave

      RESTAURANT
      601 Malcolm Ave, Newport, AR 72112-3405
      View Details
    • Value Estimation by Request
      1,812 SF

      2500 Hwy 367th N

      RESTAURANT
      2500 Hwy 367th N, Newport, AR 72112-2322
      View Details
    • Value Estimation by Request
      4,617 SF

      203 Malcolm Ave

      RESTAURANT
      203 Malcolm Ave, Newport, AR 72112-3491
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Freestanding Retail Building For Sale

      13,020 SF retail building with drive-thru and ample parking.
      2401 Malcolm Ave, Newport, AR 72112
      View Details
    • Contact for pricing
      234,832 SF

      Newport Industrial Building For Sale

      234,832 SF industrial building near Newport Municipal Airport.
      7301 Victory Blvd, Newport, AR 72112
      View Details
    • $35,000

      Land Near Newport Family Care

      0.60 acres of land near White River Health.
      1 Lindley Ln, Newport, AR 72112
      View Details
    • $395,000
      0.37 Acres

      Income-Generating Multifamily Property

      Seven-unit multifamily property in Newport, AR, generating $55,680 annually.
      910 Dill St, Newport, AR 72112
      View Details
    • $250,000
      0.39 Acres

      Highway 367 Commercial Property

      Prime Newport, AR commercial lot. Great investment opportunity.
      2500 Highway 367, Newport, AR 72112
      View Details
    • Contact for pricing
      234,832 SF

      Newport Industrial Building For Sale

      234,832 SF industrial building near US-67 in Newport, AR.
      7301 Victory Blvd, Newport, AR 72112
      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.
    518 Malcolm Ave
    Newport, AR 72112-3404
    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
    518 Malcolm Ave, Newport, AR, 72112
    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!