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Fenced Auto Shop
For Sale
$265,200

401 Akron Street, Gravette, AR 72736

The building offers heated and cooled interior space with two and a half bathrooms.

Property Size2,652 SF
Price / SF$100
Days on Market213

Property Features for 401 Akron Street

General Information

Standard status Active
Size 2,652 SF
Property subtype Commercial
Zoning Commercial

Additional Details

Fenced Yard Yes
Automotive Uses auto repair, vehicle storage, towing
Real Estate Included Yes

Taxes and HOA fees

Annual Taxes $828

Amenities

heated and cooled
2 1/2 baths
Storage

Building Details

Building Size 2,652 SF
Year Built 1970
Listing Agency: Benton County Realty
Listed By: Larry Boling · License #SA00039551
Source: Harpandassociates
Added: Mar 30 Changed: Oct 27 Last Checked: Oct 27 at 3:52AM

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 Benton County Realty

Rey
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Investment Insights

Based on property information with market context.

This auto shop in Gravette, Arkansas, contains 2,652 square feet of heated and cooled space and has two and a half bathrooms. A chain-link fence encloses all four sides of the property. Built in 1970, the building is located at 401 Akron Street.

Key Highlights

  • 2,652 square feet of heated and cooled space
  • Chain‑link fence encloses all four sides
  • Two and a half bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$9,980
Cap Rate
3.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$199,600 $199.6K
Cap Rate 7%
$142,571 $142.6K
Cap Rate 9%
$110,889 $110.9K
Market Conditions
NOI Build-Up for 2,652 SF
Gross rent
$15.9K $6.00/SF
− Vacancy
−$1.7K −$0.62/SF
EGI
$14.3K $5.38/SF
− OpEx
−$4.3K −$1.61/SF
NOI
$10.0K $3.76/SF
Area
Benton County, AR
Vacancy
10.40%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$199,600
Cap Rate 7%
$142,571
Cap Rate 9%
$110,889

Alternative Uses

Best Use
Retail
$431.0K
$377.1K – $502.8K (±1% cap)
NOI $30,169 @ 7.0% cap · market cap 11.38%
Second Best
Industrial
$142.6K
$124.8K – $166.3K (±1% cap)
NOI $9,980 @ 7.0% cap · market cap 3.76%
Theoretical Best
Office A
$728.8K
$637.7K – $850.3K (±1% cap)
NOI $51,015 @ 7.0% cap · market cap 19.24%
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

KT Auto Sales Car Dealership

Suggested Use

Top Pick Dental Office Law Firm Grocery & Convenience Store Bakery (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

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
Fenced yard

Location Intelligence

Trade Area within ½ mile

249
Businesses Nearby
Well-served
Demand for This Use

Demographics for 72736, AR

7,046
Population
2,682
Households
2.6
Avg Household Size
38
Median Age
24%
College-Educated
88%
High-School Grad
98.5 sq mi
ZIP Area
72
Density / Sq Mi
$73,565
Median Household Income
$43,892
Median Earnings
$1,012
Median Rent
$277,500
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

Similar Off Market Nearby

  • Gravette Tire Shop — 801 1st Ave SE, Gravette, AR 72736
  • All Around Mobile RV Service — 310 5th Ave SW, Gravette, AR 72736
  • BMS Auto Center — 208 2nd Ave SE, Gravette, AR 72736

Frequently Asked Questions

What type of property is this?
Auto shop - The building offers heated and cooled interior space with two and a half bathrooms.
Where is this auto shop located?
The property is located at 401 Akron Street Gravette, AR.
What is the asking price?
The asking price for this property is $265,200.
What are key features of this property?
This property features: 2,652 square feet of heated and cooled space; Chain‑link fence encloses all four sides; Two and a half bathrooms
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Includes: Price & PSF · Cap rate · Location · Zoning

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