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    701 Oakland Ave Helena, AR 72342-1515
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    Property profile & analytics

    701 Oakland Ave Helena, AR 72342-1515

    View on Map
    • Office buildings
    • 7,083 SF
    • 0.53 lot acres
    Off-Market
    Property ID
    US05-1616549
    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
    $535,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • J Juengel Interior Designs / Interior Design / Home Decor Store
    • Juengel & Associates / Insurance Agency

    Property Details for 701 Oakland Ave

    Lot size
    0.53 lot acres
    Property size
    7,083 SF
    Property type
    Office buildings
    APN
    703-05055-000
    APU
    70305055000

    Description

    This exceptional 1.2-acre property located at 701 Oakland in Helena, Arkansas, presents a unique investment opportunity. The land offers significant potential for a variety of uses, given its size and location within the city. While the square footage of any existing structures is not currently specified, the expansive 1.2-acre lot provides ample space for development. The property's address, 701 Oakland, places it in a desirable area of Helena, offering convenient access to local amenities and services. The asking price for this versatile property is $175,000. This represents a compelling opportunity for investors seeking a substantial land holding in a growing Arkansas community. The absence of specified building details allows for considerable flexibility in future development plans, making this a blank canvas for creative vision. Serious inquiries are encouraged to explore the possibilities this unique Helena property offers. The property is categorized as "Other" in terms of property type, suggesting a wide range of potential uses, subject to local zoning regulations. Prospective buyers are advised to conduct their own due diligence regarding permitted uses and development possibilities. This 1.2-acre parcel presents a rare chance to acquire a significant land holding in a strategic Helena location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $575,000
      Current use
      RESTAURANT
      $795,000
      Change: +38% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $700,000
      Change: +21% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $575,000
      Change: -1% Conversion: Easy
      RETAIL STORES
      $480,000
      Change: -17% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Helena
    County
    Phillips
    State
    Arkansas
    Longitude
    -90.6171
    Latitude
    34.5374
    CBSA code
    25760
    CBSA name
    HELENA-WEST HELENA, 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
    $4,444
    $6,930
    $66,450
    $73,380
    -
    $34,650
    $332,250
    $366,900

    Comparable in this City

    • Value Estimation by Request
      2,773 SF

      2 Phillips St

      OFFICE BUILDING • 2,773 SF
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      1,724 SF

      201 Perry St

      OFFICE BUILDING • 1,724 SF
      201 Perry St, Helena, AR 72342-3340
      View Details
    • Value Estimation by Request
      7,714 SF

      429 Cherry St

      OFFICE BUILDING • 7,714 SF
      429 Cherry St, Helena, AR 72342-3301
      View Details
    • Value Estimation
      $760,000
      12,080 SF

      120 D Anna Pl

      OFFICE BUILDING • 12,080 SF
      120 D Anna Pl, Helena, AR 72342-8949
      View Details
    • Value Estimation
      $1,755,000
      5,796 SF

      108 D Anna Pl

      OFFICE BUILDING • 5,796 SF
      108 D Anna Pl, Helena, AR 72342-8949
      View Details
    • Value Estimation
      $740,000
      11,250 SF

      801 Newman Dr

      OFFICE BUILDING • 11,250 SF
      801 Newman Dr, Helena, AR 72342-8950
      View Details

    Similar Nearby for Sale

    • New
      $100,000
      2,681 SF

      Helena Office/Medical Building For Sale

      Well-maintained office/medical building with ample parking in Helena, Arkansas.
      810 Newman Dr, Helena, AR 72342
      View Details
    • $60,000
      8.26 Acres

      Helena Land with Development Potential

      8.26 acre lot with existing structure in Helena, AR.
      205 Newman Dr, Helena, AR 72342
      View Details
    • $375,000
      3.50 Acres

      Helena, AR Land - 3.5 Acres

      Prime 3.5-acre tract, ideal for development. Excellent Helena location.
      7485 Phillips 300, Helena, AR 72342
      View Details
    • Contact for pricing
      0.20 Acres

      Residential Lot in Helena, AR

      Corner residential lot with owner financing available in Helena.
      Poplar St, Helena, AR 72342
      View Details
    • $187,200
      24.00 Acres

      24 Acres Commercial Land Helena

      24-acre commercial land with development potential in Phillips County, AR.
      Hwy 49, Helena, AR 72342
      View Details
    Request Owner's contact information
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    701 Oakland Ave
    Helena, AR 72342-1515
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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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