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Marina Store with RV Park
For Sale
$499,900

400 Lucky Landing, Atkins, AR 72823

Lake-oriented retail property combines live-bait infrastructure with RV and campground components.

Property Size1,936 SF
Price / SF$258.21
Days on Market56

Property Features for 400 Lucky Landing

General Information

Standard status Active
Size 1,936 SF

Additional Details

Business Included Yes

Amenities

complete live bait system
14-site RV park with full hookups
5-site campground

Building Details

Year Built 1977
Listing Agency: Dustin White Realty
Listed By: Micah Burlison
Source: Pcsingtolittlerock
Added: Aug 19 Changed: Oct 2 Last Checked: Oct 7 at 3:37PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dustin White Realty

Investment Insights

Based on property information with market context.

This marina property includes a retail store measuring approximately 1,936 square feet, with tackle, fishing equipment, boating accessories, small motors, and other inventory. The building also contains a live-bait operation with dedicated bait rooms, tanks, and related equipment. Built in 1977, the property includes a 14-site RV park with full hookups and a separate 5-site campground intended for self-contained RVs.

The property is located at 400 Lucky Landing in Atkins, Arkansas, near public boat docks and lake access administered by the Arkansas Game and Fish Commission. Its components are oriented toward boating, fishing, and outdoor recreation activity, with both retail and camping facilities included in the offering.

Key Highlights

  • Approximately 1,936‑square‑foot marina store with retail inventory
  • Live‑bait setup includes dedicated bait rooms, tanks, and supporting equipment
  • 14‑site RV park with full hookups

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,467
Cap Rate
3.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$349,340 $349.3K
Cap Rate 7%
$249,529 $249.5K
Cap Rate 9%
$194,078 $194.1K
Market Conditions
NOI Build-Up for 1,936 SF
Gross rent
$26.7K $13.80/SF
− Vacancy
−$1.8K −$0.91/SF
EGI
$25.0K $12.89/SF
− OpEx
−$7.5K −$3.87/SF
NOI
$17.5K $9.02/SF
Area
Pope County, AR
Vacancy
6.60%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$349,340
Cap Rate 7%
$249,529
Cap Rate 9%
$194,078

Alternative Uses

Best Use
Retail
$249.5K
$218.3K – $291.1K (±1% cap)
NOI $17,467 @ 7.0% cap · market cap 3.49%
Second Best
Apartment 5plus
$165.4K
$144.7K – $192.9K (±1% cap)
NOI $11,576 @ 7.0% cap · market cap 2.32%
Theoretical Best
Office A
$309.3K
$270.7K – $360.9K (±1% cap)
NOI $21,652 @ 7.0% cap · market cap 4.33%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Reba's Marina Bait ... Campground & RV Park Lucky Landing Boat ... Boat Ramp

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

6
Businesses Nearby

Demographics for 72823, AR

6,404
Population
2,792
Households
2.3
Avg Household Size
42
Median Age
16%
College-Educated
91%
High-School Grad
126.6 sq mi
ZIP Area
51
Density / Sq Mi
$66,711
Median Household Income
$45,322
Median Earnings
$894
Median Rent
$140,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Marina - Lake-oriented retail property combines live-bait infrastructure with RV and campground components.
Where is this marina located?
The property is located at 400 Lucky Landing Atkins, AR.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Approximately 1,936‑square‑foot marina store with retail inventory; Live‑bait setup includes dedicated bait rooms, tanks, and supporting equipment; 14‑site RV park with full hookups
More about this property
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