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Hartford Storefront Property

109 N Broadway Street, Hartford, AR 72938

For Sale
$290,000

Retail-oriented commercial space in Hartford with a 2,800-square-foot footprint.

Property Size2,800 SF
Price / SF$103.57
Days on Market56

Property Features for 109 N Broadway Street

General Information

Standard status Active
Size 2,800 SF
Listing Agency: Chuck Fawcett Realty-Van Buren
Listed By: Jerel Driscoll · License AR #112486
Source: Assurancerealtyfsm
Added: Sep 15 Changed: Nov 2 Last Checked: Nov 8 at 5:17AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Chuck Fawcett Realty-Van Buren

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Investment Insights

Based on property information with market context.

This storefront property offers 2,800 square feet of commercial space at 109 N Broadway Street in Hartford, Arkansas. The asset is classified as a storefront property and is offered for sale.

Its retail-oriented configuration provides a straightforward commercial setting for an owner-user or buyer seeking storefront space. The property is situated in Hartford, ZIP code 72938.

Key Highlights

  • 2,800‑square‑foot storefront property
  • Located at 109 N Broadway Street, Hartford, AR 72938
  • Classified as storefront, retail, and commercial real estate

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,968
Cap Rate
7.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$439,360 $439.4K
Cap Rate 7%
$313,829 $313.8K
Cap Rate 9%
$244,089 $244.1K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$33.6K $12.00/SF
− Vacancy
−$2.2K −$0.79/SF
EGI
$31.4K $11.21/SF
− OpEx
−$9.4K −$3.36/SF
NOI
$22.0K $7.85/SF
Area
Sebastian County, AR
Vacancy
6.60%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$439,360
Cap Rate 7%
$313,829
Cap Rate 9%
$244,089

Alternative Uses

Best Use
Retail
$313.8K
$274.6K – $366.1K (±1% cap)
NOI $21,968 @ 7.0% cap · market cap 7.58%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$595.7K
$521.3K – $695.0K (±1% cap)
NOI $41,701 @ 7.0% cap · market cap 14.38%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

ity of Hartford Corporate Office City of Hartford Municipal Administration Office Hartford Police Department Police Department ALON Gas Station Gas Station

Suggested Use

Top Pick Bakery Grocery & Convenience Store (Bike/Boat/Book/etc) Store Nail Salon Pet Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

44
Businesses Nearby
2k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
1,964 visits/mo 0.3 miles
Farmers Bank Shops & Services
487 visits/mo 0.2 miles

Demographics for 72938, AR

1,160
Population
532
Households
2.2
Avg Household Size
45
Median Age
20%
College-Educated
90%
High-School Grad
52.0 sq mi
ZIP Area
22
Density / Sq Mi
$53,125
Median Household Income
$29,137
Median Earnings
$883
Median Rent
$134,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Storefront property - Retail-oriented commercial space in Hartford with a 2,800-square-foot footprint.
Where is this storefront property located?
The property is located at 109 N Broadway Street Hartford, AR.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: 2,800‑square‑foot storefront property; Located at 109 N Broadway Street, Hartford, AR 72938; Classified as storefront, retail, and commercial real estate
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