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    Property profile & analytics

    924 Parks St Prairie Grove, AR 72753

    • Commercial real estate
    • 2.13 lot acres
    For Lease
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US05-2423098
    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

    • Commercial real estate

    Property Details for 924 Parks St

    Lot size
    2.13 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 2.13-acre commercial land parcel presents a unique ground lease opportunity in Prairie Grove, Arkansas. Strategically located on East Parks Street, the property boasts unparalleled visibility along Highway 62, a major thoroughfare experiencing significant growth. Its B-2 zoning allows for a wide range of commercial uses, making it ideal for businesses seeking high traffic exposure. The site is situated within a rapidly developing commercial corridor, surrounded by new residential subdivisions, ensuring a strong customer base. Furthermore, its proximity to Interstate 49 (within 15 minutes) provides easy access to regional transportation networks, enhancing its appeal to businesses and customers alike. The property's size offers ample space for development, accommodating various commercial ventures. This prime location in Washington County, Arkansas, with its zip code 72753, presents a compelling investment opportunity for businesses seeking a high-impact presence in a thriving community. The coordinates are 35.97776221 latitude and -94.29962082 longitude. This is a single-tenant property.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Prairie Grove
    County
    Washington
    State
    Arkansas
    Longitude
    -94.29962082
    Latitude
    35.97776221

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    924 Parks St
    Prairie Grove, AR 72753
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    Realmo Value Estimation

    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.

    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.

    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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