Mechanic Shop and
For Sale
$650,000
188 Hwy 167, Bald Knob, AR 72010
Contiguous automotive repair and laundromat facilities with 350 feet of highway frontage.
Property Size3,300 SF
Lot Size3.00 Acres
Price / SF$196.97
Days on Market341
Property Features for 188 Hwy 167
General Information
Standard status
Active
Size
3,300 SF
Lot size
3.00 Acres
Property subtype
Commercial
Site & Location
Traffic Count
15,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Service Bays
2
Building Details
Building Size
3,300 SF
Year Built
2023
Listing Agency:
Re/Max Advantage
(501) 827-8077
Listed By:
Parker Spencer
(501) 827-8077
Source:
Proeliterealty
Added: Aug 25, 2025
Changed: Jul 26
Last Checked: Jul 30 at 11:48AM
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 Re/Max Advantage
Investment Insights
Based on property information with market context.
This combined property includes a 2,100-square-foot mechanic shop and a 1,200-square-foot laundromat that sit together and have the option to be separated. The mechanic shop, built in 2002, features two car lifts that are approximately three years old. The laundromat was built in 2023, has been open for two years, and includes top-of-the-line equipment as well as a professional dog wash.
The property is located on Highway 167 and offers about 350 feet of exceedingly visible highway frontage. The remarks note approximately 15,000 onlookers daily. A billboard on the property provides a monthly $135 check from the billboard owner.
The mechanic shop sits on approximately 2 acres, and the laundromat sits on approximately 1 acre.
The property is located on Highway 167 and offers about 350 feet of exceedingly visible highway frontage. The remarks note approximately 15,000 onlookers daily. A billboard on the property provides a monthly $135 check from the billboard owner.
The mechanic shop sits on approximately 2 acres, and the laundromat sits on approximately 1 acre.
Key Highlights
- Contiguous 2,100 SF mechanic shop (built 2002) and 1,200 SF laundromat (built 2023) in Bald Knob
- Laundromat includes top‑of‑the‑line equipment and a professional dog wash; built in 2023 on ~1 acre
- Mechanic shop includes 2 car lifts about 3 years old; sits on ~2 acres
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 | $39.6k | $12.00 |
| − Vacancy | −$2.4k | −$0.72 |
| EGI | $37.2k | $11.28 |
| − OpEx | −$11.2k | −$3.38 |
| NOI | $26.1k | $7.90 |
3,300 SF · lease $12.00/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$372.2K
$325.7K – $434.3K
NOI $26,057 @ 7.0% cap · market cap 4.01%
Second Best
Industrial
$177.4K
$155.2K – $207.0K
NOI $12,419 @ 7.0% cap · market cap 1.91%
Theoretical Best
Office A
$603.5K
$528.1K – $704.1K
NOI $42,245 @ 7.0% cap · market cap 6.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Service bays
15,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
86
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72010, AR
5,958
Population
2,487
Households
2.4
Avg Household Size
42
Median Age
10%
College-Educated
87%
High-School Grad
171.3 sq mi
ZIP Area
35
Density / Sq Mi
$48,772
Median Household Income
$29,265
Median Earnings
$729
Median Rent
$124,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Martin's Truck Services LLC — 3851 AR-367, Bald Knob, AR 72010
- Brooks Garage — 104 Free Way Ave, Bald Knob, AR 72010
- Archie's & Son Transmissions — 104 Oakside Dr, Bald Knob, AR 72010
- Martin's Truck Service LLC — bald knob, ar 72010
Frequently Asked Questions
What type of property is this?
Auto shop - Contiguous automotive repair and laundromat facilities with 350 feet of highway frontage.
Where is this auto shop located?
The property is located at 188 Hwy 167 Bald Knob, AR.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Contiguous 2,100 SF mechanic shop (built 2002) and 1,200 SF laundromat (built 2023) in Bald Knob; Laundromat includes top‑of‑the‑line equipment and a professional dog wash; built in 2023 on ~1 acre; Mechanic shop includes 2 car lifts about 3 years old; sits on ~2 acres
