Fenced Auto
For Sale
$265,200
401 Akron Street, Gravette, AR 72736
CommercialSale, Gravette, AR
Property Size2,652 SF
Lot Size0.25 Acres
Price / SF$100
Days on Market191
Property Features for 401 Akron Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
Commercial
Parking features
Parking Lot
Exterior features
Storage
Appliances
NoHotWater
Lot features
City Lot
Directions
From the intersection of highway 59 and highway 72 in Gravette take 59 north to Akron. Turn right onto Akron. Follow Akron approx 2.5-3 blocks. Building will be on the right. One minute to Main Street. 15 Minutes to Interstate 49!!
Standard status
Active
APN
11-00521-000
Size
2,652 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Description
11-00521-000
Tax Annual Amount
828
Legal Description
11-00521-000
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Electric
Water source
Public
Amenities
Large chain link fence around 4 sides
2 1/2 baths
Building Details
Year built
1970
Roof type
Metal
Additional Structures
Storage
Listing Agency:
Benton County Realty
(479) 787-5100
Listed By:
Larry Boling · License #SA00039551
(479) 790-5604
Added: Mar 30
Changed: Sep 2
Last Checked: Oct 6 at 6:06AM
MLS# 1340970
Copyright © 2026 ArkansasONE MLS. 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 2,652-square-foot heated and cooled auto shop sits on a 0.25-acre parcel and includes 2 1/2 baths, storage, and a parking lot. A chain-link fence encloses all four sides, providing defined outdoor space for property operations. The building dates to 1970 and has a metal roof, natural gas heating, electric cooling, public water, and public sewer.
The C1 zoning designation and existing improvements support a range of possible commercial applications identified for the property, including automotive, retail, neighborhood-store, church, impound-lot, and wrecker-service uses. The Akron Street address is in Gravette, Arkansas, within Benton County.
The C1 zoning designation and existing improvements support a range of possible commercial applications identified for the property, including automotive, retail, neighborhood-store, church, impound-lot, and wrecker-service uses. The Akron Street address is in Gravette, Arkansas, within Benton County.
Key Highlights
- 2,652 heated and cooled square feet
- 0.25‑acre parcel with chain‑link fencing on all four sides
- C1 zoning designation
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
NOI $30,169 @ 7.0% cap · market cap 11.38%
Second Best
Industrial
$142.6K
$124.8K – $166.3K
NOI $9,980 @ 7.0% cap · market cap 3.76%
Theoretical Best
Office A
$728.8K
$637.7K – $850.3K
NOI $51,015 @ 7.0% cap · market cap 19.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
249
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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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 - C1-zoned commercial building with enclosed outdoor space and flexible operational potential.
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 heated and cooled square feet; 0.25‑acre parcel with chain‑link fencing on all four sides; C1 zoning designation
