Two-Tenant Specialty
New
For Sale
$700,000
1467 Highway 62 412, Cherokee Village, AR 72529
Two leased sides offer distinct occupancy terms with city utilities and a paved parking area.
Property Size6,500 SF
Price / SF$107.69
Days on Market2
Property Features for 1467 Highway 62 412
General Information
Standard status
Active
Size
6,500 SF
Total Parking Spaces
49
Property subtype
Commercial / Industrial
Additional Details
Utilities to Site
Yes
Building Details
Year Built
1996
Buildings
1
Tenancy
Multi
Listing Agency:
Coldwell Banker Ozark Real Estate Company
(870) 856-3206
Listed By:
Emily Bagwell-Shackelford
(870) 758-0098
Source:
Heilesassociatesrealtors
Added: Sep 13
Last Checked: Sep 14 at 12:08PM
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 Coldwell Banker Ozark Real Estate Company
Investment Insights
Based on property information with market context.
This 6,500-square-foot specialty property contains two leased sides within a commercial building constructed in 1996 and expanded by 2,500 square feet in 2003. One portion is subject to a 2-year government lease, while the other carries a rolling 5-year lease. City water and city sewer serve the building, and the site includes a paved lot with 49 dedicated parking spaces.
The property sits at a signalized major intersection and is adjacent to Casey’s Gas Station and local banks. Its location places the building within a retail and professional corridor, with direct access to established commercial surroundings. The two-tenant configuration and existing lease terms provide a defined operating structure for an owner or investor evaluating the property.
The property sits at a signalized major intersection and is adjacent to Casey’s Gas Station and local banks. Its location places the building within a retail and professional corridor, with direct access to established commercial surroundings. The two-tenant configuration and existing lease terms provide a defined operating structure for an owner or investor evaluating the property.
Key Highlights
- 6,500‑square‑foot commercial building
- 2,500‑square‑foot addition completed in 2003
- Two tenants with a 2‑year government lease and a rolling 5‑year lease
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
161
Businesses Nearby
Explore this area
Business Placement
Demographics for 72529, AR
4,806
Population
3,092
Households
1.6
Avg Household Size
54
Median Age
18%
College-Educated
90%
High-School Grad
20.5 sq mi
ZIP Area
234
Density / Sq Mi
$35,305
Median Household Income
$28,354
Median Earnings
$930
Median Rent
$86,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Specialty property - Two leased sides offer distinct occupancy terms with city utilities and a paved parking area.
Where is this specialty property located?
The property is located at 1467 Highway 62 412 Cherokee Village, AR.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 6,500‑square‑foot commercial building; 2,500‑square‑foot addition completed in 2003; Two tenants with a 2‑year government lease and a rolling 5‑year lease
