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    Property profile & analytics

    6811 Hazel St Pine Bluff, AR 71603-7829

    • Hospitals
    • 36,045 SF
    • 3.36 lot acres
    OFF-MARKET
    Value Estimations
    $3,485,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US05-0900694
    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

    • The Villages of General Baptist East / Nursing Home
    • The Reef - SEARK College Athletic Dorms / Housing Complex
    • SEARK College Housing / College
    • Davis Life Care, East Campus / Association Or Organization

    Property Details for 6811 Hazel St

    Year built
    1992
    Lot size
    3.36 lot acres
    Property size
    36,045 SF
    Property type
    Hospitals
    APN
    930-20020-000
    APU
    93020020000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $3,484,000
      Market price range: $1.84M - $4.50M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $3,485,000
      Current use
      RESTAURANT
      $4,095,000
      Change: +18% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $4,000,000
      Change: +15% Conversion: Difficult
      OFFICE BUILDING
      $3,805,000
      Change: +9% Conversion: Easy
      COMMERCIAL (GENERAL)
      $3,580,000
      Change: +3% Conversion: Easy
      RETAIL STORES
      $2,805,000
      Change: -19% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Pine Bluff
    County
    Jefferson
    State
    Arkansas
    Longitude
    -92.0233
    Latitude
    34.1555
    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
    $20,114
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,525,000
      47,412 SF

      Pine

      HOSPITAL - PRIVATE • 47,412 SF
      Pine, Bluff, AR 71603
      View Details
    • Value Estimation
      $3,515,000
      32,074 SF

      6301 Hazel St

      HOSPITAL - PRIVATE • 32,074 SF
      6301 Hazel St, Pine Bluff, AR 71603-7818
      View Details
    • Value Estimation
      $2,115,000
      70,228 SF

      6400 Trinity Dr

      HOSPITAL - PRIVATE • 70,228 SF
      6400 Trinity Dr, Pine Bluff, AR 71603-7802
      View Details
    • Value Estimation
      $1,610,000
      16,652 SF

      2306 Rike Dr

      MEDICAL BUILDING • 16,652 SF
      2306 Rike Dr, Pine Bluff, AR 71603-3933
      View Details
    • Value Estimation by Request
      40,964 SF

      6810 Hazel St

      HOMES (RETIRED, NURSING) • 40,964 SF
      6810 Hazel St, Pine Bluff, AR 71603-7828
      View Details
    • Value Estimation by Request
      1,440 SF

      1801 40th Ave Ste 2b

      MEDICAL BUILDING • 1,440 SF
      1801 40th Ave Ste 2b, Pine Bluff, AR 71603-6957
      View Details

    Similar Nearby for Sale

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      Former Animal Hospital For Sale

      4200 SF building suitable for retail or medical redevelopment.
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    • $60,000
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      Pine Bluff Wooded Timber Land

      9.97 acres of wooded land suitable for development.
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    • $65,000
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      Commercial Lot on Camden Road

      Commercial property with high visibility on Camden Rd and Faucett Rd.
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    • Contact for pricing
      0.18 Acres

      Residential Lot in Pine Bluff

      Corner lot near Lake Saracen, suitable for building a home.
      2001 W 16Th Ave, Pine Bluff, AR 71603
      View Details
    • $150,000
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      Turnkey Restaurant Opportunity in Pine Bluff

      Turnkey restaurant with commercial kitchen equipment and furnishings for sale.
      2203 W 26Th Ave, Pine Bluff, AR 71603
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    • Contact for pricing

      Residential Lot in Established Subdivision

      Residential lot available for new home construction with utilities.
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    Similar Nearby for Lease

    • $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
    • Contact for pricing
      315,472 SF

      Jefferson Square Retail Center

      Pine Bluff, AR: Prime Retail Space Available
      2801 Olive St, Pine Bluff, AR 71603
      View Details
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    Pine Bluff, AR 71603-7829
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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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