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    9746 Highway 62 Viola, AR 72583

    Sponsored
    For Sale
    $275,000

    High-Yield Restaurant Investment, Great Location

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property, located at 9746 HWY 62 EAST in Viola, Arkansas, presents a fantastic investment opportunity. Priced at $275,000, the property boasts a prime corner lot and has undergone significant recent updates. Currently leased to a thriving Mexican restaurant, the property generates a consistent monthly rental income of $1,800. The existing tenant expresses a strong desire to remain, ensuring a stable and immediate return on investment. The property's size, in terms of square footage and acreage, is not specified in the available information. However, the prominent corner location offers excellent visibility and accessibility for customers. This makes it an ideal investment for those seeking a reliable income stream from a well-established business in a desirable location. The property's recent updates contribute to its overall appeal and potential for continued profitability. The strong tenant occupancy and consistent rental income make this a low-risk, high-reward investment opportunity. Serious inquiries are encouraged to explore this promising commercial property further. Further details regarding the property's precise dimensions and specific updates are available upon request.

    Property Features for 9746 Highway 62

    General Information

    Property type
    Other commercial real estate
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Hair Salon Auto Repair Shop Auto Parts Store Kitchen & Bath Electrical Service Pawn Shop Daycare Center Pet Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Viola
    County
    Fulton
    State
    Arkansas
    Longitude
    -91.98188
    Latitude
    36.39633

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    Nearby Similar for Sale

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      Prime Viola, AR Business Opportunity

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    FAQs

    What type of property is this?
    Commercial real estate - High-Yield Restaurant Investment, Great Location
    Where is this commercial real estate located?
    The property is located at 9746 Highway 62 Viola, AR.
    What is the asking price?
    The asking price for this property is $275,000.
    (870) 425-4300
    Request Owner's contact information
    9746 Highway 62 Viola, AR 72583
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    9746 Highway 62
    Viola, AR 72583
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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
    9746 Highway 62 Viola, AR 72583
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