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    702 N 71 Hwy Alma, AR 72921

    For Sale
    $800,000

    Retail - Alma, AR

    Type:Retail
    Property size:
    12,000 SF
    Lot size:
    1.43 Acres
    Days on Market:
    18
    Last Refresh:
    Dec 11 at 10:06 am

    Property Features for 702 N 71 Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Security features
    Security System
    APN
    710-01802-001-C
    Interior features
    Security System
    Size
    12,000 SF
    Lot size
    1.43 Acres

    Building Details

    Flooring type
    Laminate
    Architectural style
    Other

    Medlock & West Realty (479) 474-7474

    Listing agent Alice Medlock (479) 474-7474

    Listing date Nov 24, 2025

    MLS# 1316801 Listing URL

    Copyright © 2025 Northwest Arkansas Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income Producing Retail Property

    This 12,000 square foot income-producing property is strategically located on prime highway frontage just off the I-40 exit in Alma, Arkansas. Situated on a 1.4-acre lot with room to expand, the property features a fully operational smoke shop with a drive-thru window. The interior has been recently renovated with updated plumbing and electric, and includes both private and commercial restrooms. The property is configured with three separate spaces: retail, office suites, and a warehouse. This cash-flowing, flexible-use asset is ideal for investors or an owner-operator seeking immediate cash flow. The sellers have almost completed remodeling and have one office leased at $1500 per month on a one-year lease. Two more offices will be ready soon. The business and inventory are included.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Alma
    County
    Crawford
    State
    Arkansas
    Longitude
    -94.1879
    Latitude
    35.5028

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    FAQs

    What type of property is this?
    Retail space - 12,000 SF retail property on 1.4 acres in Alma, AR.
    Where is this retail space located?
    The property is located at 702 N 71 Hwy Alma, AR.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: - Income-producing property with existing cash flow and leased office space ($1500/month).; - Fully operational smoke shop with drive-thru window and included business/inventory.; - Prime highway frontage location just off I-40 exit in Alma.
    (479) 474-7474
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    Alma, AR 72921
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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
    702 N 71 Hwy Alma, AR 72921
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