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    1504 Hendrix St Altus, AR 72821

    For Sale
    $169,000

    Retail - Altus, AR

    Type:Retail
    Property size:
    5,158 SF
    Lot size:
    2.50 Acres
    Days on Market:
    373
    Last Refresh:
    Dec 13 at 1:06 pm

    Property Features for 1504 Hendrix St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    Commercial
    APN
    005-00124-000
    Exterior features
    Metal Siding
    Size
    5,158 SF
    Lot size
    2.50 Acres

    Utilities

    Heating system
    Natural Gas, Space Heater
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1998
    Flooring type
    Concrete
    Roof type
    Metal
    Architectural style
    Other

    5 Star Realty (479) 264-7788

    Listing agent Tara Johnson (479) 213-9396

    Listing date Dec 6, 2024

    MLS# 1077731 Listing URL

    Copyright © 2025 Western River Valley Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Altus Retail Investment Opportunity

    This commercial property in Altus, Arkansas, presents an investment opportunity with two metal buildings situated on 2.5 acres. Located just two blocks from US Hwy 64, the property features open floor space totaling over 5100 square feet and includes three bathrooms. Approximately one acre is secured by a high-security fence, while the remaining 1.5 acres offer potential for new construction, with separate street access and public water access along the east boundary line, and sewer access at the street. The north building, a 2400 sq ft steel structure, includes a 6' x 60' covered porch, double glass security entry doors, a 10x10 rollup door, two half baths, and foam board insulation. The south building, spanning 2758 sq ft, features two 10x10' rollup doors, a full bath with shower, a gas overhead heater, and insulation. The buildings have previously served as a mechanic garage, church, gym, and bin store, but offer conversion potential for residential homes. The property has a metal roof.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Altus Bin Store Store

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Hair Salon Clothing Store Nail Salon Hotel & Motel Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Altus
    County
    Franklin
    State
    Arkansas
    Longitude
    -93.763331
    Latitude
    35.445174

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    FAQs

    What type of property is this?
    Retail property - Two metal buildings on 2.5 acres near US Hwy 64.
    Where is this retail property located?
    The property is located at 1504 Hendrix St Altus, AR.
    What is the asking price?
    The asking price for this property is $169,000.
    What are key features of this property?
    This property features: - Two metal buildings totaling over 5100 sq ft on 2.5 acres; - Excellent location only 2 blocks from US Hwy 64; - Approximately 1 acre secured with a high-security fence
    (479) 213-9396
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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
    1504 Hendrix St Altus, AR 72821
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