1225 W Center ST, Greenwood, AR 72936
COMMERCIAL - Greenwood, AR
- Added:
- May 2, 2025
- Days on Market:
- 417
- Last Refresh:
- Jun 22 at 12:06 pm
Property Features for 1225 W Center ST
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 66349-0105-00000-00
- Size
- 2,864 SF
- Lot size
- 0.66 Acres
Taxes and HOA fees
- Tax Description
- Pt Se Sw S2 & Pt Ne Nw S11, T6N, R31W
- Tax Annual Amount
- 2733
Utilities
- Heating system
- Natural Gas, Electric (Heating)
- Cooling system
- Electric
Building Details
- Year built
- 1992
- Flooring type
- Laminate
- Roof type
- Shingle
Listing agent Tonia Hobbs License #SA00076279 (479) 996-6121
Listing office McGraw REALTORS 1411 West Center, Greenwood, AR (479) 996-6121
Listing date May 2, 2025
Copyright © 2026 Western River Valley Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Incredible new price of $290,000 for a commercial property.
- High visibility location on Center Street in Greenwood's growing commercial corridor.
- 2,864 SF of open, versatile space suitable for various business concepts.
- Four oversized front display windows for showcasing merchandise or branding.
- Prime location near the upcoming Greenwood Library and neighboring businesses.
- Paved parking, newer roof, and approximately .66 acres.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.4k | $12.00 |
| − Vacancy | −$2.3k | −$0.79 |
| EGI | $32.1k | $11.21 |
| − OpEx | −$9.6k | −$3.36 |
| NOI | $22.5k | $7.85 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Greenwood
- County
- Sebastian
- State
- Arkansas
- Longitude
- -94.241125
- Latitude
- 35.207462
