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    605 W Collin Raye Dr De Queen, AR 71832

    For Sale
    $650,000

    Building and Land - De Queen, AR

    Property size:
    5,832 SF
    Days on Market:
    67
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 605 W Collin Raye Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Parking
    30
    Parking features
    Paved or Surfaced
    Interior features
    Equipment (see Remarks), Inventory (see Remarks), Kitchen Area
    Size
    5,832 SF

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1984
    Floors in Building
    1
    Building materials
    Brick
    Architectural style
    Other

    Stavely and Associates Real Estate (870) 845-1188

    Listing agent Jodi King (870) 845-1188

    Listing date Sep 30, 2025

    MLS# 25039102 Listing URL

    Copyright © 2025 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.

    Overview

    De Queen Restaurant Investment Opportunity

    This commercial investment opportunity, formerly Fats Chance's Buffet, is situated in a high-visibility location ideal for a new restaurant. The property adjoins the Palace Motel and offers community parking. The former restaurant space encompasses approximately 5,800 square feet and includes two banquet rooms, customer and separate employee bathrooms, and a functional kitchen equipped with a vent-a-hood, gas cook top, stainless steel sinks, and work tables. The dining room conveys with all tables and chairs. Recent updates include newer interior paint, a gas hot water heater, AC split units installed in 2024, and a new roof in 2022. The owner is open to selling or considering a long-term lease.
    Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Building Supply Nail Salon Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    De Queen
    County
    Sevier
    State
    Arkansas
    Longitude
    -94.344659
    Latitude
    34.045974

    Nearby Similar for Sale

    • $875,000
      4,036 SF

      Turnkey Medical Office in De Queen

      Move-in ready medical office in the heart of De Queen.
      503 Collin Raye Dr, De Queen, AR 71832
      View Details
    • $875,000
      4,036 SF

      Turnkey Medical Office in DeQueen

      Move-in ready medical office in the heart of DeQueen.
      503 E Collin Raye Dr, De Queen, AR 71832
      View Details

    FAQs

    What type of property is this?
    Restaurant - High-visibility restaurant property with equipment, ready for new owner.
    Where is this restaurant located?
    The property is located at 605 W Collin Raye Dr De Queen, AR.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - High visibility location ideal for a restaurant.; - Existing restaurant infrastructure: functional kitchen with vent-a-hood, gas cooktop, stainless steel sinks/tables, dining room furniture.; - Large space: approximately 5,800 sq ft with 2 banquet rooms.
    (870) 845-1188
    Request Owner's contact information
    605 W Collin Raye Dr De Queen, AR 71832
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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
    605 W Collin Raye Dr De Queen, AR 71832
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