505 S AIR BASE HWY

GOSNELL, Arkansas, 72315

Tax DeedpendingSells Aug 18, 2026 · 25 days ago

View on map ↗

Opening bid

$16,605

Assessed value

$1,238

Land $1,238

Market / AVM

$6,190

Taxes owed

$16,605

Parcel number: 306-00302-000
Case number: —
Land use: COMMERCIAL ACREAGE
Building: 2,880 sqft
Acreage: 0.26
Lot size: 11,326 sqft
Year built: 1964
Owner of record: RUSSELL OIL CO INC, BILL

Legal description

*THIS SITE IS SUBJECT TO ONGOING ASSESSMENT AND/OR REMEDIATION ACTIVITIES BY THE ARKANSAS DEPARTMENT OF ENERGY AND ENVIRONMENT, DIVISION OF ENVIRONMENTAL QUALITY REGULATED STORAGE TANKS SECTION IN RELATION TO LEAKING UNDERGROUND OR ABOVE GROUND STORAGE TANK CASE NO. 47-0061. CURRENT STATUS FOR THE SITE MAY BE REVIEWED AT: https://www.adeq.state.ar.us/rst/programs/fees/p_facil_details.aspx?FACILITY_ID=47001626&OWNER_ID=001837. THIS SITE IS SUBJECT TO DEED RESTRICTIONS. WITHOUT THE PRIOR EXPRESS WRITTEN AUTHORIZATION BY ADEQ OR ITS DULY AUTHORIZED SUCCESSORS, THE SITE MAY BE USED FOR INDUSTRIAL OR COMMERCIAL PURPOSES ONLY (NOT TO INCLUDE DAYCARE, ELDERCARE, OR OTHER SEMI-RESIDENTIAL USES). ADEQ AND ITS CONTRACTORS, AGENTS, OR ASSIGNS SHALL BE GRANTED ACCESS TO THE SITE WITH OR WITHOUT NOTICE TO COMPLETE ANY NECESSARY INSPECTIONS, SITE VISITS, OR REMEDIAL ACTIVITIES. THESE RESTRICTIONS MAY BE AMENDED WITH ADDITIONAL ENVIRONMENTAL WORK IN COORDINATION WITH ADEQ. DUE TO EXCEEDANCES OS USEPA MAXIMUM CONTAMINANT LEVELS IN GROUNDWATER AT THIS SITE, LAND USERS ARE ADVISED AGAINST CONSUMPTION OF GROUNDWATER IN THE CONTAMINATED AREA. IF THE SITE WILL BE USED FOR ANY PURPOSE OTHER THAN INDUSTRIAL OR COMMERCIAL USE (INCLUDING DAYCARE, ELDERCARE, OR ANY OTHER SEMI-RESIDENTAL USE), IT IS RECOMMENDED THAT A HUMAN HEALTH RISK ASSESSMENT BE CONDUCTED DURING THE PLANNING STAGES OF THE PROJECT. 01 15N 10E .26 ACRES LOT N75' LOT 19 BLOCK DORRIS & CRAWFORD ADDITION CITY GOSNELL SD 6N

Property facts enriched via attom · 8/6/2026

Aerial view of 505 S AIR BASE HWY — the parcel — Aerial imagery from the USGS National Map. Flown on a multi-year cycle — it shows the site as photographed, which may predate clearing, construction or demolition. Not evidence of current condition.

Aerial view of 505 S AIR BASE HWY — what is around it — Aerial imagery from the USGS National Map. Flown on a multi-year cycle — it shows the site as photographed, which may predate clearing, construction or demolition. Not evidence of current condition.

Site & surroundings

Physical conditions that affect value and rarely appear on a listing.

Wastewater treatment plant (2 nearby)0.3 mi from parcel centre
Odour is prevailing-wind dependent and worst in summer.
Waste Pro0.4 mi from parcel centre
Truck traffic and operating hours are the usual complaint.
18/361.2 mi from parcel centre
Approach paths extend far beyond the runway itself — check which end the parcel is under.
26% of homes vacant year-round in Census Tract 114
266 of 1,038 units sit empty outside seasonal use. High vacancy is an exit-risk signal rather than a price signal — the question is whether there is a buyer at any price, not what the price is.
Industrial land (4 nearby)0.5 mi from parcel centre
Truck traffic and operating hours are the usual complaint.

Full property record

Ownership

Owner type: Company
Mailing address: 1908 MOCKINGBIRD LN STE A, PARAGOULD, AR 72450-6227
Absentee: Absentee(Mail and Situs Not =)

Tax assessment

Assessed total: $1,238
Assessed land: $1,238
Market total: $6,190
Market land: $6,190
Property tax: $60
Tax year: 2025
Tax per sqft: $0
Tax code area: 6N

Property characteristics

Property type: Vacant Commercial
Class: Vacant
Land use: Commercial Acreage
Year built: 1964

County records

Official appraiser / assessor — free, always available. Copy the parcel number if the link opens a search page.

Recorded Document Search ↗search: 306-00302-000
Google Maps (parcel / address search) ↗

Mississippi County rules

Sale type: Tax Deed
Redemption: None after the sale — the owner's right ends at 4:00 p.m. the last business day before it (A.C.A. § 26-37-202)
Return if redeemed: N/A — outright deed transfer
Statute: Arkansas Code Title 26, Ch. 37 (§§ 26-37-202 sale and conveyance, 26-37-203 contest window)

Full county profile →

Historical comps

No historical bucket for AR|Tax Deed

No recorded comps yet for this state/sale type. Run deedpilot-copilot import-history --deep and build-history-index.

Index 2026-08-01 · 87,879 total recorded outcomes

Verify before you bid

This record was compiled from the published sale list. Parcels are pulled, redeemed, and re-priced up to the moment of sale. Confirm the lot is still in the sale, and confirm the opening bid, directly with the county.

Deal analysis

Your maximum bid

-$1,800

Do not bid — the numbers do not clear your margin.

Opening bid $16,605

Room to bid -$18,405

Confidence: medium — ARV from a provider market estimate, not comps.

History-guided suggestion

Pass

History + oracle say stay out or wait — do not chase.

History sample

—

Median sold

—

p(redeem) prior

—

No historical bucket for AR|Tax Deed; suggestion uses oracle only.
Oracle says no-bid — suggestion is pass.

Your assumptions

After-repair value (ARV)

Override the derived estimate with real comps

Rehab budget

You cannot inspect before bidding — budget for the worst plausible condition

Known surviving liens

Municipal code enforcement, special assessments, federal tax liens

Target margin — 30%

Required profit as a share of ARV. 30% is a common floor for tax-sale flips.

How that number is built

Provider market estimate of $6,190. This is an as-is valuation, not an after-repair one — enter your own comparable-sales figure if the property needs work.

After-repair value: $6,190
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$495
Rehabassumed No rehab budget entered — assumed $0. Tax-sale parcels are sold unseen and un-inspected; this is rarely correct.: −$0
Quiet title (required)assumed Midpoint of the typical AR range ($2,500–$5,000, ~5 months).: −$3,750
Deed recording and transferassumed Typical AR recording and deed issuance cost.: −$38
Closing contingencyassumed Publication, service and filing incidentals. Not a lien allowance — surviving assessments are parcel-specific and are not covered by this.: −$500
Holding costs (18 months)assumed Taxes, insurance, and securing the property at ~$75/month.: −$1,350
Surviving liensassumed Assumed $0 — not verified. Municipal code-enforcement liens, special assessments, and federal tax liens can survive the sale.: −$0
Target profit (30% of ARV): −$1,857
Maximum bid: -$1,800

Before you bid

Rehab is assumed to be $0. You cannot inspect these properties before bidding — budget for the worst plausible condition.
Surviving liens assumed $0. COSL conveys by limited warranty deed and warrants nothing about title. A quiet title or confirmation action is needed for marketability, and title insurance being unavailable is expressly not grounds to cancel the sale.
Costs exceed what the property can support at your target margin. There is no bid at which this clears.

AI risk brief

Reads this parcel against MississippiCounty's rules and flags what could go wrong — surviving liens, redemption exposure, title cost, and the facts we don't have. Takes about 35 seconds; the result is saved, so opening this lot again is instant.

Site & surroundings

Physical conditions that affect value and rarely appear on a listing.

Wastewater treatment plant (2 nearby)0.3 mi from parcel centre

Odour is prevailing-wind dependent and worst in summer.

Waste Pro0.4 mi from parcel centre

Truck traffic and operating hours are the usual complaint.

18/361.2 mi from parcel centre

Approach paths extend far beyond the runway itself — check which end the parcel is under.

26% of homes vacant year-round in Census Tract 114

266 of 1,038 units sit empty outside seasonal use. High vacancy is an exit-risk signal rather than a price signal — the question is whether there is a buyer at any price, not what the price is.

Industrial land (4 nearby)0.5 mi from parcel centre

Truck traffic and operating hours are the usual complaint.

Deal analysis

Your maximum bid

-$1,800

Do not bid — the numbers do not clear your margin.

Opening bid $16,605

Room to bid -$18,405

Confidence: medium — ARV from a provider market estimate, not comps.

History-guided suggestion

Pass

History + oracle say stay out or wait — do not chase.

History sample

—

Median sold

—

p(redeem) prior

—

No historical bucket for AR|Tax Deed; suggestion uses oracle only.
Oracle says no-bid — suggestion is pass.

Your assumptions

After-repair value (ARV)

Override the derived estimate with real comps

Rehab budget

You cannot inspect before bidding — budget for the worst plausible condition

Known surviving liens

Municipal code enforcement, special assessments, federal tax liens

Target margin — 30%

Required profit as a share of ARV. 30% is a common floor for tax-sale flips.

How that number is built

Provider market estimate of $6,190. This is an as-is valuation, not an after-repair one — enter your own comparable-sales figure if the property needs work.

After-repair value: $6,190
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$495
Rehabassumed No rehab budget entered — assumed $0. Tax-sale parcels are sold unseen and un-inspected; this is rarely correct.: −$0
Quiet title (required)assumed Midpoint of the typical AR range ($2,500–$5,000, ~5 months).: −$3,750
Deed recording and transferassumed Typical AR recording and deed issuance cost.: −$38
Closing contingencyassumed Publication, service and filing incidentals. Not a lien allowance — surviving assessments are parcel-specific and are not covered by this.: −$500
Holding costs (18 months)assumed Taxes, insurance, and securing the property at ~$75/month.: −$1,350
Surviving liensassumed Assumed $0 — not verified. Municipal code-enforcement liens, special assessments, and federal tax liens can survive the sale.: −$0
Target profit (30% of ARV): −$1,857
Maximum bid: -$1,800

Before you bid

Rehab is assumed to be $0. You cannot inspect these properties before bidding — budget for the worst plausible condition.
Surviving liens assumed $0. COSL conveys by limited warranty deed and warrants nothing about title. A quiet title or confirmation action is needed for marketability, and title insurance being unavailable is expressly not grounds to cancel the sale.
Costs exceed what the property can support at your target margin. There is no bid at which this clears.

Site & surroundings

Full property record

Ownership

Tax assessment

Property characteristics

County records

Mississippi County rules

Historical comps

Verify before you bid

Site & surroundings

Full property record

Ownership

Tax assessment

Property characteristics

County records

Mississippi County rules

Historical comps

Verify before you bid

Context

Legal description