Technical
Financial
Distress signals
Property profile

1701 Hendrix St Altus, AR 72821

OFF-MARKET
Bars & Pubs
Property ID
US05-1395212
3,287 SF 0.53 ac lot Built 1980
Individually Owned Free & Clear
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Property summary

AI-generated overview

This exceptional business opportunity presents a well-established entertainment venue located in the heart of downtown Altus, Arkansas. The property encompasses six lots and a substantial 3,287 square foot building, providing ample space for operations and potential expansion. The sale includes the majority of the existing equipment and inventory, allowing for a seamless transition for the new owner. The business boasts a loyal and extensive customer base, built over many years of successful operation, providing a strong foundation for continued growth and profitability. This turnkey operation is ideal for an entrepreneur seeking a ready-made business with significant upside. The 0.52-acre lot offers considerable potential for future development or expansion of the existing facilities. The prime downtown location ensures high visibility and accessibility, attracting a steady stream of customers. This is a rare chance to acquire a thriving business with a proven track record in a desirable location. The substantial building provides ample space for various entertainment options, and the included equipment and inventory minimize the initial investment required to begin operations. This is a unique opportunity to own a piece of Altus's vibrant downtown scene. Serious inquiries are encouraged.

Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1980
Total area 3,287 SF
Lot 0.53 ac (23,087 SF)
APN 005-00276-000
UPID US05-1395212

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
  • Bar & Pub

Location

1701 Hendrix St Altus, AR 72821
Altus metro Census 950201 FORT SMITH, AR-OK METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

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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