Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    625 Page Ave Malvern, AR 72104-4355

    Property Lookup

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

    625 Page Ave Malvern, AR 72104-4355

    View on Map
    • Office buildings
    • 1,100 SF
    • 0.10 lot acres
    Off-Market
    Last Sale Oct 12, 2022
    $45,000
    Property ID
    US05-0998652
    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

    • Gary's Auto Repair / Auto Repair Shop

    Property Details for 625 Page Ave

    Year built
    1980
    Lot size
    0.10 lot acres
    Property size
    1,100 SF
    Property type
    Office buildings
    APN
    700-04089-000
    APU
    70004089000

    Description

    This exceptional commercial property, located at 625 Page Avenue in Malvern, Arkansas, presents a unique investment opportunity. The 0.1-acre lot offers significant potential for various commercial ventures. Its strategic location within Malvern provides easy access to local amenities and transportation routes, making it an attractive site for businesses seeking high visibility and convenient access. The property is classified as "Other," allowing for a wide range of development possibilities, subject to local zoning regulations. The asking price is $95,000, representing a compelling entry point into the Malvern commercial real estate market. Given the limited size and prime location, this property is expected to attract considerable interest from developers and investors seeking a foothold in this growing area. Serious inquiries are encouraged to explore the full potential of this exceptional land parcel and its suitability for their specific business needs. Further due diligence is recommended to confirm zoning and development possibilities. The property is sold as-is.

    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
    Malvern
    County
    Hot Spring
    State
    Arkansas
    Longitude
    -92.8039
    Latitude
    34.3633
    CBSA code
    31680
    CBSA name
    MALVERN, AR MICROPOLITAN 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
    $545
    $1,470
    $8,150
    $9,620
    -
    $7,350
    $40,750
    $48,100

    Comparable in this City

    • Value Estimation by Request
      1,100 SF

      2350 Hwy 270

      OFFICE BUILDING • 1,100 SF
      2350 Hwy 270, Malvern, AR 72104-8959
      View Details
    • Value Estimation by Request
      240 SF

      14297 Hwy 67

      OFFICE BUILDING • 240 SF
      14297 Hwy 67, Malvern, AR 72104-7329
      View Details
    • Value Estimation by Request
      2,204 SF

      1009 Main St

      OFFICE BUILDING • 2,204 SF
      1009 Main St, Malvern, AR 72104-5222
      View Details
    • Value Estimation by Request
      6,000 SF

      138 Main St

      OFFICE BUILDING • 6,000 SF
      138 Main St, Malvern, AR 72104-3733
      View Details
    • Value Estimation by Request
      3,600 SF

      1135 Page Ave

      OFFICE BUILDING • 3,600 SF
      1135 Page Ave, Malvern, AR 72104-4365
      View Details
    • Value Estimation by Request
      422 SF

      1005 Page Edwards

      OFFICE BUILDING • 422 SF
      1005 Page Edwards, Malvern, AR 72104
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      920 SF

      Updated Office Building in Malvern

      Updated office building with potential in downtown Malvern, Arkansas.
      132 2Nd St, Malvern, AR 72104
      View Details
    • $1,025,000

      Medical Clinic on Corner Site

      5,244 SF medical clinic on 0.93 acres for sale.
      1590 Tanner St, Malvern, AR 72104
      View Details
    • $179,900
      2,483 SF

      Malvern Commercial Building and Land

      Commercial property in Malvern's historic district, suitable for various businesses.
      223 S Main St, Malvern, AR 72104
      View Details
    • $442,890
      4,921 SF

      Mixed-Use Building in Downtown Malvern

      Prime downtown location with mixed-use potential and recent upgrades.
      301 S Main St, Malvern, AR 72104
      View Details
    • $650,000
      114.00 Acres

      114 Acres Prime Real Estate

      Exceptional land with Ouachita River frontage and highway visibility.
      270 Malvern, Malvern, AR 72104
      View Details
    • $118,000
      11.80 Acres

      Malvern Acreage for Custom Estate

      11+ acres in Malvern, Arkansas, ideal for homesteading.
      Clear Creek Rd, Malvern, AR 72104
      View Details

    Similar Nearby for Lease

    • $2,950 /Mo
      5,000 SF

      Former Autozone Retail Space

      5,000 SF retail space available for lease.
      1609 Mlk Hwy, Malvern, AR 72104
      View Details
    • Contact for pricing
      8,050 SF

      Retail Space in Malvern, Arkansas

      Retail property available for rent in Malvern, Arkansas.
      404 E Page Ave, Malvern, AR 72104
      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.
    625 Page Ave
    Malvern, AR 72104-4355
    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!