Listing Agency: CBRPM Bryant Show Phone

Listed By: James Harrison Show Phone

Source: Heilesassociatesrealtors

Added: May 22 Changed: Oct 6 Last Checked: Oct 16 at 8:22AM

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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 CBRPM Bryant

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Investment Insights

Based on property information with market context.

This commercial property is located in the heart of Haskell. It is currently operating as a food truck court. The property includes all public utilities, six storage units, and a public bath for customers. A pavilion is also present for events. The property size is 500 square feet.

Key Highlights

• Established food truck court with existing infrastructure.
• High‑traffic location in the heart of Haskell.
• Includes 6 storage units for potential rental income or business use.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$5,482

Cap Rate

3.13%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$109,640 $109.6K

Cap Rate 7%

$78,314 $78.3K

Cap Rate 9%

$60,911 $60.9K

Is this asking price fair?

Market Conditions

NOI Build-Up for 500 SF

Gross rent

$8.3K $16.68/SF

− Vacancy

−$509 −$1.02/SF

EGI

$7.8K $15.66/SF

− OpEx

−$2.3K −$4.70/SF

NOI

$5.5K $10.96/SF

Area

Saline County, AR

Vacancy

6.10%

Lease Rate

$16.68 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$109,640

Cap Rate 7%

$78,314

Cap Rate 9%

$60,911

Alternative Uses

Best Use

Retail

$78.3K

$68.5K – $91.4K (±1% cap)

NOI $5,482 @ 7.0% cap · market cap 3.13%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$109.1K

$95.5K – $127.3K (±1% cap)

NOI $7,638 @ 7.0% cap · market cap 4.36%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Auto Parts Store Plumbing Service Storage Facility Grocery & Convenience Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

300

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 72015, AR

28,597

Population

12,148

Households

2.4

Avg Household Size

37

Median Age

22%

College-Educated

92%

High-School Grad

85.0 sq mi

ZIP Area

336

Density / Sq Mi

$64,550

Median Household Income

$44,219

Median Earnings

$1,013

Median Rent

$169,200

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Similar For Sale Nearby

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2704 N Highway 229, Haskell, AR 72015

$325,000

2,376 SF

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Seven-Duplex Apartment Property

533 Grand Avenue, Haskell, AR 72015

$2,400,000

16,576 SF

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Frequently Asked Questions

What type of property is this?

Storefront property - Commercial property in the heart of Haskell, great location.

Where is this storefront property located?

The property is located at 1825 N Highway 229 Haskell, AR.

What is the asking price?

The asking price for this property is $175,000.

What are key features of this property?

This property features: Established food truck court with existing infrastructure.; High‑traffic location in the heart of Haskell.; Includes 6 storage units for potential rental income or business use.