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    6906 62/412 Hwy Viola, AR 72583

    View on Map
    Sponsored
    For Sale
    $189,500

    Building and Land - Viola, AR

    Property size:
    2,400 SF
    Lot size:
    1.12 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 11 at 3:06 pm

    Property Features for 6906 62/412 Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Parking
    10
    Interior features
    Public Restrooms, Equipment (see Remarks), Inventory (see Remarks)
    Exterior features
    Storage Building, Outside Storage Area, Pole Sign, Overhead Doors
    Size
    2,400 SF
    Lot size
    1.12 Acres

    Utilities

    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Year built
    2023
    Floors in Building
    1
    Flooring type
    Concrete
    Roof type
    Metal
    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Burdetta Pendergrass

    United Country Cotham Co (870) 856-4777

    Listing agent Burdetta Pendergrass (870) 856-4777

    Listing date Mar 10, 2026

    MLS# 26009254 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.

    Learn more

    Overview

    Turn-Key Shop on 1.12 Acres

    This turn-key shop for sale features a 2,400 sq ft commercial building situated on 1.12 surveyed acres with 240 ft of frontage on Hwy 62/412, near Viola, AR, in Fulton County. The property offers potential for various business ventures, including a mechanic shop, alignments, inspections, custom detailing, off-road and truck accessory shop, used car lot with service shop, tire sales and service center, RV and camper service, or welding business. The building includes approximately 2,400 sq ft of insulated commercial space, featuring a 2,138 sq ft heated shop area with a bathroom, and a 14'x24' retail/office space. It is equipped with three service bays, including two 10'x10' overhead doors and one 12'x10' overhead door, a tire changer, a Phoenix wheel balancer, a 12,500 lb 4-post Tuxedo lift, a 10,000 lb 4-post Champion lift, and two Ingersol Rand air compressors. The property has rural water and a well. A new 1,000-gallon septic tank and system are in place. A 4’x10’ elevated sign is available for advertising.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    Similar Places Nearby

    Hilltop Garage, J & J Tire Services

    Map

    City
    Viola
    County
    Fulton
    State
    Arkansas
    Longitude
    -91.933320962524
    Latitude
    36.399441176075

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    FAQs

    What type of property is this?
    Auto shop - 2,400 Sq Ft commercial building on 1.12 acres.
    Where is this auto shop located?
    The property is located at 6906 62/412 Hwy Viola, AR.
    What is the asking price?
    The asking price for this property is $189,500.
    What are key features of this property?
    This property features: - Turn-key, fully equipped 2,400 sq ft commercial shop with lifts, compressors, and tire machines included.; - Located on 1.12 acres with 240 ft of Hwy 62/412 frontage, offering excellent visibility and accessibility.; - Versatile space suitable for mechanic shop, tire sales, RV service, welding, or other businesses.
    (870) 371-0001
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    6906 62/412 Hwy Viola, AR 72583
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    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
    6906 62/412 Hwy Viola, AR 72583
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    We can help!
    Listing Contact
    Burdetta Pendergrass
    (870) 371-0001 (870) 856-4777
    Learn more
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