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    Property profile & analytics

    9 Cherokee Rd Damascus, AR 72039

    • Office buildings
    • 336 SF
    • 4.03 lot acres
    For Sale
    View listing
    $195,000
    Value Estimation
    Location Intelligence
    Property ID
    US05-0253255
    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

    • Office buildings

    Property Details for 9 Cherokee Rd

    Lot size
    4.03 lot acres
    Property size
    336 SF
    Property type
    Office buildings
    APN
    720-00070-004
    APU
    72000070004

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Conway
    County
    Faulkner
    State
    Arkansas
    Longitude
    -92.4106
    Latitude
    35.3639
    CBSA code
    30780
    CBSA name
    LITTLE ROCK-NORTH LITTLE ROCK, 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
    $1,134
    $13,120
    $9,610
    $22,730
    -
    $65,600
    $48,050
    $113,650

    Comparable in this City

    • Value Estimation
      $230,000
      4,000 SF

      15834 Hwy 65th S

      OFFICE BUILDING • 4,000 SF
      15834 Hwy 65th S, Damascus, AR 72039-8099
      View Details
    • Value Estimation
      $275,000
      2,340 SF

      30 Nn Rd

      OFFICE BUILDING • 2,340 SF
      30 Nn Rd, Damascus, AR 72039-8802
      View Details
    • Value Estimation by Request
      1,480 SF

      69 Nn Rd

      OFFICE BUILDING • 1,480 SF
      69 Nn Rd, Damascus, AR 72039-8802
      View Details
    • Value Estimation by Request
      0.07 Acres

      Damascus, AR 72039

      VACANT COMMERCIAL LAND • 0.07 Acres
      Damascus, AR 72039
      View Details
    • Value Estimation by Request
      0.05 Acres

      Hwy 65th S

      COMMERCIAL (GENERAL) • 0.05 Acres
      Hwy 65th S, Damascus, AR 72039
      View Details
    • Value Estimation by Request
      0.06 Acres

      1400 Hwy 65th N

      COMMERCIAL (GENERAL) • 0.06 Acres
      1400 Hwy 65th N, Twin Groves, AR 72039-9227
      View Details

    Similar Nearby for Sale

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      Prime Damascus AR Land Investment

      1.58 Acres, $400,000 - Development Potential
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    • $995,000
      9,040 SF

      Highway Frontage Commercial Property

      Commercial property with highway frontage, multiple buildings, and ample space.
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    • $1,000,050
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      54-Acre Property with Shop House

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    • Contact for pricing
      1.02 Acres

      Damascus AR Acreage - Prime Location

      1.02-acre lot, ideal for development. Affordable price.
      1530 Highway 65, Damascus, AR 72039
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    • $195,000
      4.00 Acres

      Damascus Acreage with Highway Access

      4+/- acres with improvements, highway access, suitable for business.
      9 Cherokee Rd, Damascus, AR 72039
      View Details
    • New
      $699,000
      18.00 Acres

      Warehouse Facility on 18 Acres

      50,000 SF warehouse facility on 18 acres for sale.
      1400 N Hwy 65 Dl, Damascus, AR 72039
      View Details
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    9 Cherokee Rd
    Damascus, AR 72039
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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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