Listing Agency: Crye-Leike REALTORS Conway r***@conwaycorp.net Show Phone

Listed By: Glen Rega Show Phone

Source: Exprealty

Added: Jun 10 Changed: Aug 8 Last Checked: Aug 11 at 12:52PM

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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.

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 = 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

$25,218

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

8.41%

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%

$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 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

$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 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%

$504,360

Cap Rate 7%

$360,257

Cap Rate 9%

$280,200

Alternative Uses

Best Use

Specialty Retail

$360.3K

$315.2K – $420.3K (±1% cap)

NOI $25,218 @ 7.0% cap · market cap 8.41%

Second Best

Retail

$280.2K

$245.2K – $326.9K (±1% cap)

NOI $19,614 @ 7.0% cap · market cap 6.54%

Theoretical Best

Office A

$512.8K

$448.7K – $598.2K (±1% cap)

NOI $35,894 @ 7.0% cap · market cap 11.96%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile

Current Use

Gas stations

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Grocery & Convenience Store Clothing & Fashion Store Restaurant

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

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

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

Questions? Ask Rey

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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