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Commercial Land with Existing Building
For Sale
$575,000
Pending

248 Main Street, Farmington, AR 72730

CommercialSale, Farmington, AR

Property Size1,015 SF
Lot Size0.53 Acres
Days on Market169

Property Features for 248 Main Street

General Information

Property type Commercial Sale
Property subtype Other
Lot features Central Business District, City Lot
Directions Main st in Farmington next to old High School.
Standard status Pending
APN 760-00978-000
Size 1,015 SF
Lot size 0.53 Acres

Taxes and HOA fees

Tax Description PT LOT 4 FMSD2 106
Tax Annual Amount 1511
Legal Description PT LOT 4 FMSD2 106

Utilities

Heating system Natural Gas
Cooling system Window Unit(s)

Building Details

Year built 1957
Flooring type Vinyl, Wood
Roof type Shingle
Listing Agency: Gibson Real Estate
Listed By: James Gibson · License #EB00053793
Added: Mar 21 Changed: Sep 1 Last Checked: Sep 5 at 8:06PM
MLS# 1340066

Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial land offering includes a 1,015-square-foot building constructed in 1957. Interior features include wood and vinyl flooring, while the property has natural gas heating, window-unit cooling, and a shingle roof.

The 0.5308-acre tract is located at 248 Main Street in Farmington, Arkansas, at the intersection of Main Street and Southwards Road. The property adjoins Farmington Schools property and benefits from reported traffic of over 29,000 VPD. Southwards Road provides access toward the new high school.

Key Highlights

  • 0.5308‑acre commercial land tract
  • Includes a 1,015‑square‑foot building constructed in 1957
  • Adjoins Farmington Schools property

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Pharmacy Storage Facility Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

301
Businesses Nearby

Demographics for 72730, AR

9,624
Population
4,017
Households
2.4
Avg Household Size
36
Median Age
27%
College-Educated
91%
High-School Grad
20.8 sq mi
ZIP Area
463
Density / Sq Mi
$88,780
Median Household Income
$45,652
Median Earnings
$1,225
Median Rent
$244,900
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Existing improvements include a small building with wood and vinyl flooring.
Where is this commercial land located?
The property is located at 248 Main Street Farmington, AR.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 0.5308‑acre commercial land tract; Includes a 1,015‑square‑foot building constructed in 1957; Adjoins Farmington Schools property
More about this property
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