Listing Agency: Realty N LA

Listed By: Ethan Colbert · License #995710235

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 2:55AM

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Investment Insights

Based on property information with market context.

This conventional restaurant property includes the building and land, along with an attached mobile home. The restaurant building has been inactive for 15 or more years, while the mobile home has undergone partial remodeling that remains unfinished. The property is offered in its current as-is condition.

The address is 2648 Hwy 278 in Wilmar, Arkansas. The site sits immediately before the fire department when traveling east and directly beyond it when traveling west.

Key Highlights

• Restaurant building and land included
• Attached mobile home with unfinished partial remodeling
• Restaurant building has been inactive for 15 or more years

Property Analytics

Property Profile

Current Use

Conventional restaurants

Suggested Use

Top Pick Furniture & Home Goods Grocery & Convenience Store Tech Support Center 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.

Location Intelligence

Trade Area within ½ mile

20

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 71675, AR

1,751

Population

1,076

Households

1.6

Avg Household Size

45

Median Age

19%

College-Educated

88%

High-School Grad

172.0 sq mi

ZIP Area

10

Density / Sq Mi

$36,573

Median Household Income

$30,313

Median Earnings

$779

Median Rent

$136,600

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?

Conventional restaurant - Includes an attached mobile home requiring completion of partial remodeling.

Where is this conventional restaurant located?

The property is located at 2648 Hwy 278 Wilmar, AR.

What are key features of this property?

This property features: Restaurant building and land included; Attached mobile home with unfinished partial remodeling; Restaurant building has been inactive for 15 or more years