Property profile

611 Broadway St Smackover, AR 71762

OFF-MARKET
Turn key restaurants
Property ID
US05-1860656
1,875 SF 0.05 ac lot Built 1940
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional business opportunity is located at 611 Broadway in the thriving town of Smackover, Arkansas. Situated on a conveniently sized 0.13-acre lot, this property presents a unique chance for an entrepreneur to establish or expand their business presence. The asking price is $149,995. While the exact square footage of the building is not currently specified, the property's prime location on Broadway offers excellent visibility and accessibility for customers. Smackover's robust local economy and supportive community make this an ideal setting for a variety of business ventures. The property's compact yet functional lot size allows for efficient operations and potentially minimizes overhead costs. This presents a rare chance to acquire a well-positioned business property in a desirable Arkansas town. Serious inquiries are encouraged to explore the potential of this turnkey opportunity. The property is offered as-is. Further details regarding the building's specifications and potential uses are available upon request. Don't miss this chance to own a piece of Smackover's commercial landscape. Act quickly, as opportunities like this are seldom available.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1940
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,875 SF
Lot 0.05 ac (2,134 SF)
APN 05680-00150-0000
UPID US05-1860656

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

611 Broadway St Smackover, AR 71762-1820
Smackover metro Census 950300 EL DORADO, AR MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$170k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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