Equipped Restaurant with Cook
For Sale
$375,000
3891 Highway 365, Redfield, AR 72132
Commercial / Industrial, Traditional, Redfield, AR
Property Size5,000 SF
Lot Size2.00 Acres
Price / SF$75
Days on Market174
Property Features for 3891 Highway 365
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
50
Interior features
Public Restrooms, Display Window, Equipment (see remarks), Smoke Detector, Burglar Alarm, Ceiling Fans, Video Surveillance
Exterior features
Fully Fenced, Wheelchair Accessible
Fencing
Full
Accessibility
Accessible Approach with Ramp
Lot features
Level, Cleared
Directions
From White Hall take Highway 365 North. Restaurant will be located on the right.
Subdivision
PINE BLUFF AREAS - OTHER (REDFIE
Standard status
Active
Size
5,000 SF
Lot size
2.00 Acres
Taxes and HOA fees
Tax Description
Parcel 001-03983-000
Tax Annual Amount
2538
Legal Description
Parcel 001-03983-000
Amenities
TVs
security camera system
Building Details
Year built
2020
Floors in Building
1
Flooring type
Concrete
Roof type
Metal
Architectural style
Other
Additional Structures
See Remarks
Listing Agency:
Lunsford & Associates Realty Co.
(870) 247-2040
Listed By:
Theresa George
(870) 267-3779
Added: Apr 15
Changed: Oct 5
Last Checked: Oct 5 at 1:06PM
MLS# 26014982
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.
Investment Insights
Based on property information with market context.
This restaurant property includes a dedicated cook shack, a bait shop, and a separate dining area. Commercial kitchen equipment, tables, chairs, dishes, fountain drink machines, and four TVs are included; most equipment will convey. A 19-foot walk-in cooler and a security camera system are also in place. The building has three 5-ton HVAC units and one 2.5-ton unit, public restrooms, and a ramp-accessible approach.
The 2-acre site is fully fenced, and the building was constructed in 2020. The property is located on Highway 365 in Redfield.
The 2-acre site is fully fenced, and the building was constructed in 2020. The property is located on Highway 365 in Redfield.
Key Highlights
- Cook shack has a 90‑quart cooker
- 19‑foot walk‑in cooler
- HVAC comprises three 5‑ton units and one 2.5‑ton unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,884
Cap Rate
7.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$577,680
$577.7K
Cap Rate 7%
$412,629
$412.6K
Cap Rate 9%
$320,933
$320.9K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$49.8K $9.96/SF
− Vacancy
−$3.6K −$0.72/SF
EGI
$46.2K $9.24/SF
− OpEx
−$17.3K −$3.47/SF
NOI
$28.9K $5.78/SF
Area
Jefferson County, AR
Vacancy
7.20%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$577,680
Cap Rate 7%
$412,629
Cap Rate 9%
$320,933
Alternative Uses
Best Use
Specialty Retail
$900.6K
$788.1K – $1.05M
NOI $63,045 @ 7.0% cap · market cap 16.81%
Second Best
Mixed Use
$412.6K
$361.1K – $481.4K
NOI $28,884 @ 7.0% cap · market cap 7.70%
Theoretical Best
Office A
$1.28M
$1.12M – $1.50M
NOI $89,734 @ 7.0% cap · market cap 23.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
14
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72132, AR
3,577
Population
1,411
Households
2.5
Avg Household Size
41
Median Age
15%
College-Educated
89%
High-School Grad
69.2 sq mi
ZIP Area
52
Density / Sq Mi
$67,095
Median Household Income
$34,932
Median Earnings
$952
Median Rent
$116,400
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
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Food-service improvements include a bait shop, a separate dining area, and commercial kitchen equipment.
Where is this conventional restaurant located?
The property is located at 3891 Highway 365 Redfield, AR.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Cook shack has a 90‑quart cooker; 19‑foot walk‑in cooler; HVAC comprises three 5‑ton units and one 2.5‑ton unit
