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Property profile & analytics
OFF-MARKET
Auto shops
323 Central Ave, Harrison, AR 72601-5101
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-0663758
Property summary
AI-generated overview
This exceptional 1,764 square foot commercial property, situated on a 0.51-acre corner lot in Harrison, Arkansas, presents a unique investment opportunity. Ideally located directly across from the Brandon Burls Worth Youth Center and in close proximity to the new Creekside Community Center, this high-visibility location offers significant potential for continued success. Currently operating as a thriving automobile service station, auto repair shop, and towing company, the property boasts a secure, chain-link fenced area. The existing fuel tanks have undergone recent inspections and are compliant. The property's existing infrastructure provides a solid foundation for a variety of commercial uses, allowing for seamless transition or expansion. The sale includes the land and building
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1950
Total area
1,764 SF
Lot
0.51 ac (22,216 SF)
APN
825-01135-000C
UPID
US05-0663758
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Harold's Super Service Auto Repair Shop
-
Conoco Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Derick Coffman · 5 yrs held
Derick Coffman
since 2021
Last sale
$83,000
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Harrison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Harrison submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,101
Tax year 2023
Assessed value
$21,590
Assessed 2024
Previous assessed
$21,590
+0.0% YoY
Effective rate
5.10%
On assessed value
Assessed land
$11,250
Assessed improvement
$10,340
Land market value
$56,250
Improvement market value
$51,700
Total market value
$107,950
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1950
Heating
NONE
Cooling
NONE
Stories
1
Total area
1,764 SF
Lot
0.51 ac (22,216 SF)
APN
825-01135-000C
UPID
US05-0663758
Jurisdiction
BOONE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1950
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
Derick Coffman
Individual
Mailing address
12 CRESTVIEW AVE, HARRISON, AR 72601-1909
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2023
—
Coffman Ventures LLC
—
Deed
related
$82,320 · Bank Of 1889
Jun 15, 2021
$50,000
Derick Coffman
Janice Marie Coffman
Warranty Deed
related
$40,000 · First National Bank Of North Arkans
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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