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    Property profile & analytics

    Harkrider Conway, AR

    • Retail space
    • 1,200 SF
    • 0.41 lot acres
    OFF-MARKET
    Value Estimations
    $265,000
    Show details
    Cap Rate Potential
    4.4%
    Retail space
    Location Intelligence
    Property ID
    US05-0922268
    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

    • Retail space

    Property Details for Harkrider

    Lot size
    0.41 lot acres
    Property size
    1,200 SF
    Property type
    Retail space
    APN
    710-08105-000C
    APU
    71008105000C

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $265,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $195,000
      6.5%
      $180,000
      7%
      $170,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Conway
    County
    Faulkner
    State
    Arkansas
    Longitude
    -92.4286
    Latitude
    35.0647
    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
    $648
    $7,140
    $5,660
    $12,800
    -
    $35,700
    $28,300
    $64,000

    Comparable in this City

    • Value Estimation
      $375,000
      5,000 SF

      Cherokee Rd

      RETAIL STORES (PERSONAL SERVICES) • 5,000 SF
      Cherokee Rd, Cherokee Village, AR
      View Details
    • Value Estimation
      $355,000
      7,776 SF

      Springdale, AR

      RETAIL STORES (PERSONAL SERVICES) • 7,776 SF
      Springdale, AR
      View Details
    • Value Estimation
      $240,000
      1,950 SF

      300 Sheridan Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,950 SF
      300 Sheridan Rd, White Hall, AR
      View Details
    • Value Estimation
      $295,000
      1,992 SF

      Lobo Lndg, AR

      RETAIL STORES (PERSONAL SERVICES) • 1,992 SF
      Lobo Lndg, AR
      View Details
    • Value Estimation
      $290,000
      3,911 SF

      319 Hwy 25th B B

      RETAIL STORES (PERSONAL SERVICES) • 3,911 SF
      319 Hwy 25th B B, N, AR
      View Details
    • Value Estimation
      $380,000
      4,800 SF

      Pea Ridge, AR

      RETAIL STORES (PERSONAL SERVICES) • 4,800 SF
      Pea Ridge, AR
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      34,000 SF

      Springdale Retail on Sunset Avenue

      New retail construction on a high-traffic corridor in Springdale, AR.
      SE Hwy 412 & Willard St, Springdale, AR
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    • $1,330,875
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      Hard Corner Retail For Sale

      Long-term absolute net lease on a hard corner location.
      12270 Us - 165 E, Humnoke, AR
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      Trumann, AR Retail/Medical Property

      NNN leased retail/medical property in Trumann, AR for sale.
      116 Ar-463, Trumann, AR
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    • $1,112,000
      14,579 SF

      Net-Leased Retail Asset in Arkansas

      Single-tenant retail property with corporate guaranty and rent increases.
      1218 82, Lake Village, AR
      View Details
    • $395,000
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      Former Dollar General Retail Space

      Value-add investment or owner/user opportunity in Carlisle, Arkansas.
      1395 N Bobby L Glover Hwy, Carlisle, AR
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    • $849,000
      16,652 SF

      Multi-Use Building with Highway Frontage

      Multi-use building with high traffic and highway frontage.
      170 Us-167, Bald Knob, AR
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    Similar Nearby for Lease

    • $29 SF/Yr
      2,531 SF

      Retail Space Near Interstate Access

      Retail space with drive-thru potential near major interstates.
      10800 Bass Pro Pkwy, Little Rock, AR
      View Details
    • $6 SF/Yr
      11,133 SF

      Retail Space in Paragould, AR

      Retail space available in a busy Paragould shopping center.
      420 Us 49, Paragould, AR
      View Details
    • $13 SF/Yr
      1,200 SF

      Highway 5 Retail/Office Space

      Retail or office space with frontage on Highway 5.
      15506 Arkansas 5, Cabot, AR
      View Details
    • $14 SF/Yr
      1,110 SF

      Retail Outparcel in Park Hill

      Retail space available for ground lease or build-to-suit.
      3812-4030 Jfk Blvd, North Little Rock, AR
      View Details
    • $28 SF/Yr
      2,301 SF

      Retail Space in High-Growth Area

      Retail space available in a high-growth area with ample parking.
      101 Monument St, Lowell, AR
      View Details
    • Contact for pricing
      4,002 SF

      Prime Retail Space in Rogers

      High-traffic retail space in a thriving economic hub.
      1750 S Osage Springs Dr, Rogers, AR
      View Details
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    Harkrider
    Conway, AR
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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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