Property profile

806 W Race Ave Searcy, AR 72143

FOR SALE
Office buildings
Saved · see the list in your Dashboard
Property ID
US05-1763892
2,720 SF 0.29 ac Built 1950
Last sale Mar 2022·$22,500
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

The property at 806 W Race Ave in Searcy, Arkansas is a 1,934-square-foot office building. It is zoned D-1, which provides a defined land-use designation for evaluating office-related redevelopment plans. The structure is in a condition that would require a complete renovation; alternatively, the existing building may be removed to accommodate construction of a new building, subject to applicable requirements.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$188
Tax billed · 2024
Assessed value$5k
Assessed land$4k
Assessed improvement$873
Effective rate4.07%

Value estimate

· Nov 2026
$115k
$104k – $127k
NOI build-up
Gross scheduled income$28k
Vacancy & credit loss−$3k
Operating expenses−$6k
NOI$19k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$74/SF
ZIP average, outlier-cleaned · 45 recorded sales of this use type
Observed band · Q1–Q3$47 – $106

Cap rate analysis

How does the asset earn?
$19k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWHITE

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store9.8
Tailor Shop9.4
Storage Facility8.3

Location

806 W Race Ave Searcy, AR 72143
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
303 Ctr, Searcy, AR 72143-5403 $200,850 Sep 2024 2,102 SF
309 Race, Searcy, AR 72143-4331 $390,000 Dec 2023 3,806 SF
115 Spg, Searcy, AR 72143-7712 $310,000 Oct 2023 2,908 SF
308 Market, Searcy, AR 72143-5430 $265,000 Oct 2023 3,627 SF
1604 Moore, Searcy, AR 72143-4633 $230,000 Sep 2023 2,150 SF
406 Booth, Searcy, AR 72143-9083 $250,000 Jun 2022 2,250 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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