Restaurant Building with Kitchen
For Sale
$469,000
2900 E Race Avenue, Searcy, AR 72143
COMMERCIAL - Searcy, AR
Property Size2,442 SF
Lot Size0.27 Acres
Price / SF$192.06
Days on Market48
Property Features for 2900 E Race Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Other(See Remarks)
Parking
15
Interior features
Kitchen Area, In-Unit Bathroom
Lot features
Level
Directions
Traveling east on race avenue, the property will be on your left.
Subdivision
SEARCY
Standard status
Active
Size
2,442 SF
Lot size
0.27 Acres
Taxes and HOA fees
Tax Description
016-09964-000
Tax Annual Amount
1767
Legal Description
016-09964-000
Building Details
Year built
1978
Floors in Building
1
Flooring type
Vinyl
Listing Agency:
Dalrymple
(501) 268-2445
Listed By:
Austin Durham
(417) 425-9866
Added: Jun 19
Changed: Aug 4
Last Checked: Aug 5 at 6:06AM
MLS# 26024797
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. 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.
Restaurant building on a 0.27-acre site with 2,442 square feet, built in 1978. The interior includes a kitchen area and an in-unit bathroom, with vinyl flooring throughout.
The property is located at 2900 E Race Avenue in Searcy, Arkansas (White County). It is positioned as a redevelopment or repurposing opportunity for restaurant use, supported by its existing restaurant-focused improvements.
The offering supports buyers looking for an established restaurant layout with practical interior amenities already in place, including the kitchen area and in-unit bathroom.
The property is located at 2900 E Race Avenue in Searcy, Arkansas (White County). It is positioned as a redevelopment or repurposing opportunity for restaurant use, supported by its existing restaurant-focused improvements.
The offering supports buyers looking for an established restaurant layout with practical interior amenities already in place, including the kitchen area and in-unit bathroom.
Key Highlights
- 0.27‑acre site with a 2,442 SF restaurant building
- Built in 1978
- Kitchen area inside the premises
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.6k | $15.00 |
| − Vacancy | −$2.4k | −$0.99 |
| EGI | $34.2k | $14.01 |
| − OpEx | −$8.6k | −$3.50 |
| NOI | $25.7k | $10.51 |
2,442 SF · lease $15.00/SF/yr · vacancy 6.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$366.6K
$320.7K – $427.7K
NOI $25,659 @ 7.0% cap · market cap 5.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$446.6K
$390.8K – $521.0K
NOI $31,262 @ 7.0% cap · market cap 6.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
733
Businesses Nearby
141k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 47%
Shops & Services 34%
Apparel 7%
Beauty & Spa 4%
Ollie's Bargain Outlet
Shops & Services
18,855 visits/mo
0.3 miles
Colton's Steak House & Grill
Dining
16,786 visits/mo
0.3 miles
Freddy's Frozen Custard & Steakburgers
Dining
13,830 visits/mo
0.2 miles
Dollar General
Shops & Services
12,939 visits/mo
0.3 miles
Goodwill
Apparel
10,164 visits/mo
0.5 miles
Demographics for 72143, AR
35,111
Population
14,948
Households
2.3
Avg Household Size
37
Median Age
27%
College-Educated
89%
High-School Grad
302.1 sq mi
ZIP Area
116
Density / Sq Mi
$55,522
Median Household Income
$33,315
Median Earnings
$851
Median Rent
$176,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Western Sizzlin Steak House — 3210 E Race Ave #4810, Searcy, AR 72143
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant building featuring a kitchen area and in-unit bathroom with vinyl flooring, built in 1978.
Where is this conventional restaurant located?
The property is located at 2900 E Race Avenue Searcy, AR.
What is the asking price?
The asking price for this property is $469,000.
What are key features of this property?
This property features: 0.27‑acre site with a 2,442 SF restaurant building; Built in 1978; Kitchen area inside the premises
