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Gas Station with Two-Bay Garage
New
For Sale
$1,150,000

2936 S Main Street, Searcy, AR 72143

Commercial / Industrial, Searcy, AR

Property Size3,421 SF
Lot Size1.24 Acres
Price / SF$336.16
Days on Market1

Property Features for 2936 S Main Street

General Information

Property type Commercial Sale
Property subtype Other
Parking 15
Interior features Equipment (see remarks), Public Restrooms
Exterior features Pole Sign
Subdivision Azad
Lot features Major Road Frontage
Directions West Beebe Capps Expy, Turn Right at light on South Main Street , 2.6 Miles Exxon on the left
Standard status Active
Size 3,421 SF
Lot size 1.24 Acres

Tenancy & Operations

Currently Operating Yes
Real Estate Included Yes

Automotive

Automotive Uses fuel station, auto repair, tire service, quick lube/oil change
Convenience Store Yes
Fuel Supply Obligation No

Taxes and HOA fees

Tax Description See Attached Survey- Lot 2
Tax Annual Amount 4485
Legal Description See Attached Survey- Lot 2

Amenities

bait shop
studio apartment

Building Details

Year built 1973
Floors in Building 1
Flooring type Tile
Roof type Flat
Additional Structures See Remarks
Listing Agency: Dalrymple
Listed By: Dawn Bitner
Added: Nov 2 Last Checked: Nov 2 at 8:06PM
MLS# 26044097

Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 3,421-square-foot gas station and convenience store sits on 1.24 acres and includes recently updated 4-MPD gasoline pumps and a dedicated diesel pump. The two-bay garage is equipped with two lifts, an oil-change station, tire-repair equipment, two tire balancers, an air compressor, and a waste-oil tank. Store equipment includes a pizza oven, deli case, freezers, a seven-door walk-in cooler, beverage machines, and an ice maker. A bait shop and its lot are part of the sale; the shop includes a studio apartment with a kitchen and full bathroom.

The property is adjacent to the on- and off-ramps for Highway 67. No fuel contract is in place.

Key Highlights

  • 1.24‑acre gas station property with a 3,421‑square‑foot building
  • Recently updated 4‑MPD gasoline pumps and a dedicated diesel pump
  • Two‑bay garage with two lifts and equipment for oil changes and tire service

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$35,946
Cap Rate
3.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$718,920 $718.9K
Cap Rate 7%
$513,514 $513.5K
Cap Rate 9%
$399,400 $399.4K
Market Conditions
NOI Build-Up for 3,421 SF
Gross rent
$51.3K $15.00/SF
− Vacancy
−$3.4K −$0.99/SF
EGI
$47.9K $14.01/SF
− OpEx
−$12.0K −$3.50/SF
NOI
$35.9K $10.51/SF
Area
White County, AR
Vacancy
6.60%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$718,920
Cap Rate 7%
$513,514
Cap Rate 9%
$399,400

Alternative Uses

Best Use
Specialty Retail
$513.5K
$449.3K – $599.1K (±1% cap)
NOI $35,946 @ 7.0% cap · market cap 3.13%
Second Best
Retail
$385.9K
$337.7K – $450.2K (±1% cap)
NOI $27,012 @ 7.0% cap · market cap 2.35%
Theoretical Best
Office A
$625.6K
$547.4K – $729.9K (±1% cap)
NOI $43,794 @ 7.0% cap · market cap 3.81%
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

SOUTH MAIN EXXON Grocery & Convenience Store LibertyX Bitcoin ATM Atm Exxon Gas Station

Suggested Use

Top Pick Building Supply Plumbing Service Big Box & Wholesale Store Garden Center Storage Facility Grocery & Convenience Store

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

2
Service bays
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

61
Businesses Nearby
4k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Exxon Shops & Services
3,897 visits/mo 0.0 miles
Red Dot Storage Shops & Services
212 visits/mo 0.2 miles

Demographics for 72143, AR

35,111
Population
14,948
Households
2.3
Avg Household Size
37
Median Age
27%
College-Educated
89%
High-School Grad
302.1 sq mi
ZIP Area
116
Density / Sq Mi
$55,522
Median Household Income
$33,315
Median Earnings
$851
Median Rent
$176,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Gas station - Fuel service, automotive repair equipment, and a bait shop with a studio apartment are included.
Where is this gas station located?
The property is located at 2936 S Main Street Searcy, AR.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 1.24‑acre gas station property with a 3,421‑square‑foot building; Recently updated 4‑MPD gasoline pumps and a dedicated diesel pump; Two‑bay garage with two lifts and equipment for oil changes and tire service
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