Search
Office Building with Two Tenants
For Sale
$700,000

1467 Highway 62 412, Cherokee Village, AR 72529

Commercial / Industrial, Cherokee Village, AR

Property Size6,500 SF
Lot Size1.46 Acres
Price / SF$107.69
Days on Market77

Property Features for 1467 Highway 62 412

General Information

Property type Commercial Sale
Property subtype Other
Parking 49
Lot features Level, Not in Subdivision
Directions On Highway 62/412 Next to First Community Bank.
Subdivision CHEROKEE VILLAGE
Standard status Active
Size 6,500 SF
Lot size 1.46 Acres

Taxes and HOA fees

Tax Description Exhibit A
Tax Annual Amount 3390
Legal Description Exhibit A

Building Details

Year built 1996
Floors in Building 1
Roof type Metal
Listing Agency: Coldwell Banker Ozark Real Estate Company · Coldwell Banker Real Estate
Listed By: Emily Bagwell-Shackelford
Added: Jun 22 Changed: Sep 3 Last Checked: Sep 6 at 5:06AM
MLS# 26025147

Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 6,500-square-foot office building was constructed in 1996 and enlarged by a 2,500-square-foot addition in 2003. The property has two occupied sides: one carries a 2-year government lease, while the other is subject to a rolling 5-year lease. A metal roof covers the structure.

Set on 1.46 acres at 1467 Highway 62 412, the property sits at a signalized major intersection near Casey's Gas Station and local banks. City water and city sewer serve the building. The site also provides a paved parking area with 49 dedicated spaces.

Key Highlights

  • 6,500 square feet with a 2,500‑square‑foot addition completed in 2003
  • Two leased sides, including a 2‑year government lease and a rolling 5‑year lease
  • Built in 1996 with a metal roof

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Electrical Service Building Supply Storage Facility Plumbing Service Auto Repair Shop Furniture & Home Goods

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

Lease Details

2
Office units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

161
Businesses Nearby

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

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - The property includes two leased sides with government and rolling five-year lease terms.
Where is this office building 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 feet with a 2,500‑square‑foot addition completed in 2003; Two leased sides, including a 2‑year government lease and a rolling 5‑year lease; Built in 1996 with a metal roof
More about this property
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