Two-Building Restaurant and
For Sale
$725,000
15235 165 Highway, Scott, AR 72142
COMMERCIAL - Scott, AR
Property Size4,970 SF
Lot Size1.06 Acres
Price / SF$145.88
Days on Market11
Property Features for 15235 165 Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
60
Interior features
Smoke Detector, Handicapped Design
Exterior features
Fully Fenced, Outside Storage Area
Fencing
Full
Accessibility
Accessible Approach with Ramp
Lot features
Level
Directions
Interstate 40 towards Memphis, take exit 159 towards Texarkana, then Exit 7 towards Scott. Property on left.
Subdivision
SCOTT AR AND PCSSD EAST
Standard status
Active
Size
4,970 SF
Lot size
1.06 Acres
Taxes and HOA fees
Tax Description
Lot 5/Block 0
Tax Annual Amount
3468
Legal Description
Lot 5/Block 0
Building Details
Year built
2002
Floors in Building
1
Flooring type
Wood
Roof type
Metal
Architectural style
Bungalow
Additional Structures
Storage
Listing Agency:
McKimmey Associates REALTORS NLR
(501) 812-3500
Listed By:
Marilyn McKimmey
(501) 960-8507
Added: Jul 28
Changed: Aug 4
Last Checked: Aug 7 at 4:06AM
MLS# 26030709
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.
Two-building restaurant and Curve Market property on Highway 165, currently occupied by an established restaurant business and Curve Market. The setup includes 103 seats and 60 parking spaces, supported by a 1.06-acre site. Interior features include smoke detectors and handicapped design, along with wood flooring.
The property is fully fenced with an outside storage area, and provides accessible approach with a ramp. Built in 2002, the structure has a bungalow architectural style and a metal roof.
For buyers or operators looking for a restaurant-focused retail/mixed-use configuration, the existing use, seating count, and parking provide a clear starting point for continuing food and retail services on a Highway 165 frontage location.
The property is fully fenced with an outside storage area, and provides accessible approach with a ramp. Built in 2002, the structure has a bungalow architectural style and a metal roof.
For buyers or operators looking for a restaurant-focused retail/mixed-use configuration, the existing use, seating count, and parking provide a clear starting point for continuing food and retail services on a Highway 165 frontage location.
Key Highlights
- 1.06‑acre site with Highway 165 frontage
- Two buildings supporting an established restaurant and Curve Market
- 103 seats
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$66,362
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.15%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,327,240
$1.3M
Cap Rate 7%
$948,029
$948.0K
Cap Rate 9%
$737,356
$737.4K
Market Conditions
NOI Build-Up for 4,970 SF
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.
Gross rent
$94.2K $18.96/SF
− Vacancy
−$5.7K −$1.16/SF
EGI
$88.5K $17.80/SF
− OpEx
−$22.1K −$4.45/SF
NOI
$66.4K $13.35/SF
Area
Pulaski County, AR
Vacancy
6.10%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,327,240
Cap Rate 7%
$948,029
Cap Rate 9%
$737,356
Alternative Uses
Best Use
Specialty Retail
$948.0K
$829.5K – $1.11M
NOI $66,362 @ 7.0% cap · market cap 9.15%
Second Best
Retail
$655.2K
$573.3K – $764.4K
NOI $45,866 @ 7.0% cap · market cap 6.33%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
43
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72142, AR
2,385
Population
1,183
Households
2
Avg Household Size
49
Median Age
12%
College-Educated
84%
High-School Grad
105.5 sq mi
ZIP Area
23
Density / Sq Mi
$56,957
Median Household Income
$39,891
Median Earnings
$758
Median Rent
$187,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Two-building restaurant and Curve Market operation on Highway 165 with accessible ramp and fully fenced outdoor storage area.
Where is this conventional restaurant located?
The property is located at 15235 165 Highway Scott, AR.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 1.06‑acre site with Highway 165 frontage; Two buildings supporting an established restaurant and Curve Market; 103 seats
