Operating Tobacco Retail
115 N Magnolia Street #No, Perryville, AR 72126
For Sale
$350,000
An active tobacco retailer is offered with inventory and trade fixtures included in the sale.
Property Size959 SF
Price / SF$364.96
Days on Market106
Property Features for 115 N Magnolia Street #No
General Information
Standard status
Size
Property subtype
Additional Details
Business Included
Currently Operating
Building Details
Year Built
Listing Agency:
RE/MAX Affiliates Realty
(501) 225-1950
Listed By:
Ravinder Kaur
(501) 353-9311
Source:
Blairrealtors
Added: Jul 28
Changed: Nov 9
Last Checked: Nov 10 at 6:59AM
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 RE/MAX Affiliates Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 959-square-foot retail property in Perryville, Arkansas, is configured as an operating tobacco store. The sale includes the store’s inventory and trade fixtures, providing a combined offering of the retail premises and its business contents. The building dates to 1980.
Key Highlights
- 959‑square‑foot retail property
- Operating tobacco store
- Inventory and trade fixtures included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,753
Cap Rate
3.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$215,060
$215.1K
Cap Rate 7%
$153,614
$153.6K
Cap Rate 9%
$119,478
$119.5K
Market Conditions
NOI Build-Up for 959 SF
Gross rent
$16.3K $17.04/SF
− Vacancy
−$980 −$1.02/SF
EGI
$15.4K $16.02/SF
− OpEx
−$4.6K −$4.81/SF
NOI
$10.8K $11.21/SF
Area
Perry County, AR
Vacancy
6.00%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$215,060
Cap Rate 7%
$153,614
Cap Rate 9%
$119,478
Alternative Uses
Best Use
Retail
$153.6K
$134.4K – $179.2K
NOI $10,753 @ 7.0% cap · market cap 3.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$174.2K
$152.4K – $203.3K
NOI $12,195 @ 7.0% cap · market cap 3.48%
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
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
199
Businesses Nearby
16k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Casey's
Shops & Services
11,680 visits/mo
0.2 miles
Dollar General
Shops & Services
4,507 visits/mo
0.4 miles
Demographics for 72126, AR
3,649
Population
1,782
Households
2
Avg Household Size
44
Median Age
18%
College-Educated
94%
High-School Grad
203.3 sq mi
ZIP Area
18
Density / Sq Mi
$58,843
Median Household Income
$45,103
Median Earnings
$589
Median Rent
$130,900
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
Frequently Asked Questions
What type of property is this?
Retail space - An active tobacco retailer is offered with inventory and trade fixtures included in the sale.
Where is this retail space located?
The property is located at 115 N Magnolia Street #No Perryville, AR.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 959‑square‑foot retail property; Operating tobacco store; Inventory and trade fixtures included
