Operating Gas Station Convenience
200 S Edline, Altheimer, AR 72004
For Sale
$300,000
For sale operating gas station and convenience retail business, with inventory sale subject to retail audit and agreement.
Property Size2,000 SF
Price / SF$150
Days on Market152
Property Features for 200 S Edline
General Information
Standard status
Size
Additional Details
Business Included
Building Details
Year Built
Listing Agency:
Crye-Leike REALTORS Conway
Listed By:
Glen Rega
(501) 733-3155
Source:
Pcsingtolittlerock
Added: Jun 15
Changed: Nov 13
Last Checked: Oct 7 at 1:41PM
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 Crye-Leike REALTORS Conway
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Investment Insights
Based on property information with market context.
This offering is for the sale of an operating gas station and convenience store business located at 200 S Edline in Altheimer, Arkansas. The transaction includes the retail operation and is structured as a business sale with inventory to be sold, subject to a retail audit and a mutually agreed-upon agreement.
The public remarks indicate the business is operating close to surrounding community needs in Altheimer. Permits are described as available for inspection, with the understanding that any negotiated contract would be accepted as part of the process.
For prospective buyers, this is a practical opportunity to acquire an active storefront and retail operation, with the inventory component handled through an audit and agreement. Due diligence can be directed toward reviewing the permits made available for inspection and confirming the details tied to the inventory sale prior to finalizing terms.
The public remarks indicate the business is operating close to surrounding community needs in Altheimer. Permits are described as available for inspection, with the understanding that any negotiated contract would be accepted as part of the process.
For prospective buyers, this is a practical opportunity to acquire an active storefront and retail operation, with the inventory component handled through an audit and agreement. Due diligence can be directed toward reviewing the permits made available for inspection and confirming the details tied to the inventory sale prior to finalizing terms.
Key Highlights
- For sale operating gas station and convenience retail business
- Inventory sale is subject to retail audit and agreement
- Permits are available for inspection with negotiated contract accepted
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,218
Cap Rate
8.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$504,360
$504.4K
Cap Rate 7%
$360,257
$360.3K
Cap Rate 9%
$280,200
$280.2K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$36.0K $18.00/SF
− Vacancy
−$2.4K −$1.19/SF
EGI
$33.6K $16.81/SF
− OpEx
−$8.4K −$4.20/SF
NOI
$25.2K $12.61/SF
Area
Jefferson County, AR
Vacancy
6.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$504,360
Cap Rate 7%
$360,257
Cap Rate 9%
$280,200
Alternative Uses
Best Use
Specialty Retail
$360.3K
$315.2K – $420.3K
NOI $25,218 @ 7.0% cap · market cap 8.41%
Second Best
Retail
$280.2K
$245.2K – $326.9K
NOI $19,614 @ 7.0% cap · market cap 6.54%
Theoretical Best
Office A
$512.8K
$448.7K – $598.2K
NOI $35,894 @ 7.0% cap · market cap 11.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
39
Businesses Nearby
Explore this area
Business Placement
Demographics for 72004, AR
956
Population
399
Households
2.4
Avg Household Size
45
Median Age
20%
College-Educated
93%
High-School Grad
182.9 sq mi
ZIP Area
5
Density / Sq Mi
$42,386
Median Household Income
$40,250
Median Earnings
$75,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Gas station - For sale operating gas station and convenience retail business, with inventory sale subject to retail audit and agreement.
Where is this gas station located?
The property is located at 200 S Edline Altheimer, AR.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: For sale operating gas station and convenience retail business; Inventory sale is subject to retail audit and agreement; Permits are available for inspection with negotiated contract accepted
