Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1629 East Main St Magnolia, AR 71753

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Retail property with grocery and other major tenants.

    Property size:
    107,407 SF

    Property Features for 1629 East Main St

    General Information

    Size
    107,407 SF

    We can help!

    Listing Contact
    Nathan Hutchins
    Source: Svn

    Listing Agent: Nathan Hutchins

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Retail Center in Magnolia, Arkansas

    This retail property, encompassing 107407 square feet, is located in the central retail area of Magnolia, Arkansas, at the corner of Highways 79 and 82B. The property is anchored by Brookshires grocery and Atwoods. The location offers high visibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Atwoods Animal Feed Store

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Magnolia
    County
    Columbia
    State
    Arkansas
    Longitude
    -93.220465
    Latitude
    33.266293

    Nearby Similar for Sale

    • $1,699,999
      15,000 SF

      Magnolia, AR Building and Land

      Former medical facility suitable for various professional services.
      412 N Vine, Magnolia, AR 71753
      View Details
    • $200,000
      11,088 SF

      Magnolia Commercial Building with Gym

      11,088 SF commercial building featuring offices and a gym.
      815 Highway 160, Magnolia, AR 71753
      View Details
    • $649,000
      7,200 SF

      Magnolia Commercial Building For Sale

      Commercial building with offices, auditorium, kitchen, storage, and parking.
      302 North St East, Magnolia, AR 71753
      View Details
    • $275,000
      1,488 SF

      Magnolia Commercial Office Building For Sale

      Commercial office building on 3.8 acres in Magnolia, Arkansas.
      611 Us Hwy 82 East, Magnolia, AR 71753
      View Details
    • $250,000
      2,934 SF

      Magnolia, AR Commercial Building

      Spacious office building with lease in place.
      624 North Dudney Rd, Magnolia, AR 71753
      View Details
    • $150,000
      4,500 SF

      Commercial Building on East Main

      Commercial building for sale on East Main Street.
      1519 East Main St, Magnolia, AR 71753
      View Details
    • $750,000
      5,000 SF

      Industrial Building in Magnolia Park

      5,000 sq ft warehouse with roll-up doors on 1.23 acres.
      102 Harvey Couch Blvd, Magnolia, AR 71753
      View Details
    • $70,000
      2,250 SF

      Magnolia, AR Commercial Building

      Commercial building featuring offices, patient rooms, and ample parking.
      1018 N Washington, Magnolia, AR 71753
      View Details
    • $110,000
      4,446 SF

      Magnolia Commercial Building For Sale

      Commercial building with retail and warehouse space in Magnolia, Arkansas.
      525 West Calhoun St, Magnolia, AR 71753
      View Details
    • $400,000
      3,288 SF

      Historic Commercial Building in Magnolia

      Unique 6,000+/- sq. ft. historic building in Magnolia, Arkansas.
      100 Sq N, Magnolia, AR 71753
      View Details
    • $340,000
      6,419 SF

      Magnolia, AR Commercial Building

      Commercial building for sale in Magnolia, Arkansas, 6419 square feet.
      135 South Jackson, Magnolia, AR 71753
      View Details
    • $84,000
      1,032 SF

      Magnolia Commercial Building with Drive-Through

      Commercial building with drive-through, ample parking, and updated features.
      617 S Jackson, Magnolia, AR 71753
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail property with grocery and other major tenants.
    Where is this shopping center located?
    The property is located at 1629 East Main St Magnolia, AR.
    What are key features of this property?
    This property features: - Brookshires grocery and Atwoods as major tenants; - Located in the Heart of Magnolia main retail area; - Corner location at Hwys 79&82B
    (501) 912-3660
    Request Owner's contact information
    1629 East Main St Magnolia, AR 71753
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1629 East Main St
    Magnolia, AR 71753
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1629 East Main St Magnolia, AR 71753
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Nathan Hutchins
    Real Estate License ID: #PB00063530
    (501) 912-3660
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.