Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Nevada 8 E, AR

    • Warehouses
    • 17,072 SF
    • 8.26 lot acres
    OFF-MARKET
    Value Estimations
    $1,090,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US05-1813892
    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

    • Warehouses

    Property Details for Nevada 8

    Year built
    1940
    Lot size
    8.26 lot acres
    Property size
    17,072 SF
    Property type
    Warehouses
    APN
    077-00114-000
    APU
    7700114000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,235,000
      Current use
      AUTO REPAIR, GARAGE
      $1,710,000
      Change: +38% Conversion: Easy
      RETAIL STORES
      $1,610,000
      Change: +30% Conversion: Moderate
      OFFICE BUILDING
      $1,495,000
      Change: +21% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    E
    County
    Nevada
    State
    Arkansas
    Longitude
    -93.2928
    Latitude
    33.5147
    CBSA code
    26260
    CBSA name
    HOPE, 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
    $233
    $1,410
    $2,590
    $4,000
    -
    $7,050
    $12,950
    $20,000

    Comparable in this City

    • Value Estimation
      $755,000
      8,400 SF

      White Hall Saddle Club

      MINI-WAREHOUSE, STORAGE • 8,400 SF
      White Hall Saddle Club, Rd, AR
      View Details
    • Value Estimation by Request
      10,000 SF

      Highway

      WAREHOUSE, STORAGE • 10,000 SF
      Highway, 274, AR
      View Details
    • Value Estimation by Request
      10,000 SF

      Highway

      WAREHOUSE, STORAGE • 10,000 SF
      Highway, 274, AR
      View Details
    • Value Estimation
      $575,000
      13,560 SF

      I 30

      WAREHOUSE, STORAGE • 13,560 SF
      I 30, Benton, AR
      View Details
    • Value Estimation by Request
      6,212 SF

      Maintenance Facility

      WAREHOUSE, STORAGE • 6,212 SF
      Maintenance Facility, Jonesboro, AR
      View Details
    • Value Estimation by Request
      4,000 SF

      Greene 835

      WAREHOUSE, STORAGE • 4,000 SF
      Greene 835, Rd, AR
      View Details

    Similar Nearby for Sale

    • $299,000
      4,950 SF

      Freezer Warehouse on 1.45 Acres

      4,950 SF warehouse with freezer, gated entrance, near Hwy 65.
      Diamond Ice Ln, Greenbrier, AR
      View Details
    • Contact for pricing
      55,489 SF

      Industrial Buildings and Land Parcel

      Three warehouse/industrial buildings with additional land for sale.
      424 N Vine St, N Little Rock, AR
      View Details
    • Contact for pricing
      9,680 SF

      Industrial Property Near Highway 412

      Industrial property featuring office space and a large yard.
      1507 W End St, Springdale, AR
      View Details
    • Contact for pricing
      225,000 SF

      225,000 SF Manufacturing Facility

      225,000 SF manufacturing facility on 40 acres in Osceola.
      2221 E State Highway 198, Osceola, AR
      View Details
    • Contact for pricing
      39,375 SF

      Industrial Investment Opportunity Available

      39,375 SF industrial building with office and warehouse space.
      747 Mid America Blvd, Piney, AR
      View Details
    • Contact for pricing
      3,614 SF

      Modern Truck Terminal For Sale

      Modern truck terminal with driver's lounge and efficient features.
      Modern Truck Terminal, Marion, AR
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      9,375 SF

      Industrial Space Near I-49

      Industrial space with convenient I-49 access, available July 2025.
      12960 Grant Pl, Gravette, AR
      View Details
    • Contact for pricing
      3,800 SF

      Industrial Building with Overhead Doors

      3,800 SF industrial building featuring three 14' overhead doors.
      1205 Albert Park Rd, Hot Springs, AR
      View Details
    • Contact for pricing
      31,210 SF

      31,000+ SF Showroom/Warehouse Space

      Free-standing building with showroom and warehouse space for lease.
      1 Furniture Ln, Batesville, AR
      View Details
    • $6 SF/Yr
      3,600 SF

      Adaptable Industrial Space Available

      Flexible industrial space for rent with interstate visibility.
      7123 I-30, Little Rock, AR
      View Details
    • Contact for pricing
      57,000 SF

      Tontitown Warehouse Space Available

      57,000 square foot warehouse space for rent in Tontitown.
      495 Agnes Dr, Tontitown, AR
      View Details
    • $14 SF/Yr
      17,890 SF

      Modern Industrial Space with Office

      17,890 SF industrial building with mezzanine office space for lease.
      2209 Hawks Lndg, Johnson, AR
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Nevada 8
    E, AR
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!