Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    31 S Highway 285 Wooster, AR 72181

    View on Map
    Claim this Listing
    For Sale
    $2,399,000

    Business, Bldg and Land - Wooster, AR

    Property size:
    2,600 SF
    Lot size:
    1.07 Acres
    Price / SF:
    $922/SF
    Added:
    Jan 10, 2026
    Days on Market:
    118
    Last Refresh:
    May 8 at 3:06 am

    Property Features for 31 S Highway 285

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking
    10
    Interior features
    Insulated Windows, Insulated Doors, Attic Vent-electric
    Exterior features
    Pole Sign, Door Sign
    Standard status
    Active
    Size
    2,600 SF
    Lot size
    1.07 Acres

    Taxes and HOA fees

    Tax Annual Amount
    5634

    Utilities

    Utilities
    Electricity Available
    Heating system
    Central, Natural Gas
    Cooling system
    Central Air, Gas (Cooling)

    Building Details

    Year built
    1990
    Floors in Building
    1
    Flooring type
    Tile
    Building materials
    Frame
    Roof type
    Composition
    Architectural style
    Other

    We can help!

    Listing Contact
    Deborah Libby

    Listing agent Deborah Libby

    Listing office Lake Hamilton Realty, Inc. 4425 Central Ave., Hot Springs, AR

    Listing date Jan 10, 2026

    MLS# 26001875 Listing URL

    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.

    HighLights

    • Profitable convenience store and high‑volume fuel operation.
    • Turnkey business opportunity with fuel pumps, canopy, and store improvements in place.
    • Approximately 2,600± sq ft of retail space on a 1.07± acre lot.
    • Excellent visibility and ample parking for drive‑by traffic.
    • Spacious lot allows for future expansion or additional revenue streams.
    • Proven commercial location with strong income potential.

    Overview

    Profitable Convenience Store and Fuel

    This is a profitable convenience store and high-volume fuel operation, featuring approximately 2,600 square feet of retail space on a 1.07-acre lot. The property has a well-designed retail layout, ample parking, and excellent visibility for drive-by traffic. Fuel pumps, a canopy, and store improvements are in place. The spacious lot allows for future expansion or additional revenue streams. This property is located in Wooster, Arkansas. It is suitable for an owner-operator or investor seeking a commercial location with strong income potential.
    Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Map

    City
    Wooster
    County
    Faulkner
    State
    Arkansas
    Longitude
    -92.449
    Latitude
    35.1744

    FAQs

    What type of property is this?
    Grocery and convenience store - Turnkey business opportunity with high-volume fuel and retail operation.
    Where is this grocery and convenience store located?
    The property is located at 31 S Highway 285 Wooster, AR.
    What is the asking price?
    The asking price for this property is $2,399,000.
    What are key features of this property?
    This property features: Profitable convenience store and high‑volume fuel operation.; Turnkey business opportunity with fuel pumps, canopy, and store improvements in place.; Approximately 2,600± sq ft of retail space on a 1.07± acre lot.
    (501) 538-2369
    We can help!
    Listing Contact
    Deborah Libby
    Real Estate License ID: 00061778
    Learn More
    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.
    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

    Thank You for Inquiry
    31 S Highway 285, Wooster, AR 72181
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!