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Remodeled Retail Building

20553 Durham McCord, Elkins, AR 72727

For Sale
$629,000

CommercialSale, Elkins, AR

Property Size4,100 SF
Lot Size0.52 Acres
Price / SF$153.41
Days on Market48

Property Features for 20553 Durham McCord

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description Commercial
Parking features Parking Lot
Appliances GasWaterHeater
Lot features Corner Lot
Directions From I-49 take MLK to E Huntsville. Travel East on Hwy 16 E through Elkins into Durham. Call 855-960-2355 for appointments
Standard status Active
APN 735-00056-000
Size 4,100 SF
Lot size 0.52 Acres

Additional Details

Currently Operating Yes

Taxes and HOA fees

Tax Description 29-15-28
Legal Description 29-15-28

Utilities

Sewer type Septic Tank
Heating system Electric (Heating), Central
Cooling system Electric, Central Air
Water source Public

Amenities

climate-controlled
200-amp electrical services
3-phase power

Building Details

Flooring type Concrete, Simulatedwood, Laminate
Building materials AluminumSiding
Roof type Metal
Buildings 1
Listing Agency: Legend Realty Inc
Listed By: Ward Harris · License AR EB00059305
Added: Sep 24 Changed: Nov 9 Last Checked: Nov 10 at 10:06AM
MLS# 1363299

Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 4,100-square-foot retail property on 0.52 acres has been remodeled and is currently used as a butcher shop. The climate-controlled building includes stainless-steel work tables, a band saw, commercial grinder, vacuum sealer, a 12' x 24' cooler, a 12' x 24' freezer, and holding pens with a chute. Two 200-amp electrical services and 3-phase power serve the property. The site also has a parking lot, public water, and septic service.

The property fronts Highway 16, just outside Elkins, and is approximately 20 minutes from Fayetteville. The building is being sold as-is, where-is.

Key Highlights

  • 4,100‑square‑foot building on 0.52 acres
  • 12' x 24' cooler and 12' x 24' freezer
  • Two 200‑amp electrical services and 3‑phase power

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$48,250
Cap Rate
7.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$965,000 $965.0K
Cap Rate 7%
$689,286 $689.3K
Cap Rate 9%
$536,111 $536.1K
Market Conditions
NOI Build-Up for 4,100 SF
Gross rent
$73.8K $18.00/SF
− Vacancy
−$4.9K −$1.19/SF
EGI
$68.9K $16.81/SF
− OpEx
−$20.7K −$5.04/SF
NOI
$48.3K $11.77/SF
Area
Washington County, AR
Vacancy
6.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$965,000
Cap Rate 7%
$689,286
Cap Rate 9%
$536,111

Alternative Uses

Best Use
Retail
$689.3K
$603.1K – $804.2K (±1% cap)
NOI $48,250 @ 7.0% cap · market cap 7.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.10M
$962.9K – $1.28M (±1% cap)
NOI $77,035 @ 7.0% cap · market cap 12.25%
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

Retail space

Suggested Use

Top Pick Bakery Butcher

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

13
Businesses Nearby

Demographics for 72727, AR

6,434
Population
2,803
Households
2.3
Avg Household Size
39
Median Age
18%
College-Educated
90%
High-School Grad
155.6 sq mi
ZIP Area
41
Density / Sq Mi
$71,705
Median Household Income
$37,373
Median Earnings
$1,063
Median Rent
$191,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Retail space in Washington County, AR

$223 Jul
$264 Aug
$259 Sep
$279 Oct

Properties on Market for Retail space in Washington County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - A climate-controlled building with substantial electrical service and specialized food-processing equipment is operating as a butcher shop.
Where is this retail space located?
The property is located at 20553 Durham McCord Elkins, AR.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: 4,100‑square‑foot building on 0.52 acres; 12' x 24' cooler and 12' x 24' freezer; Two 200‑amp electrical services and 3‑phase power
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