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    Turnkey Outfitter Business Opportunity Title is generated by Realmo AI

    420 Highway 63, Hardy, AR 72542

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    Claim this Listing
    For Sale
    $279,000

    COMMERCIAL - Hardy, AR

    Property size:
    1,152 SF
    Lot size:
    0.53 Acres
    Price / SF:
    $242/SF
    Added:
    Mar 2, 2026
    Days on Market:
    81
    Last Refresh:
    May 22 at 2:06 am

    Property Features for 420 Highway 63

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Interior features
    Equipment (see remarks), Inventory (see remarks), Furnished
    Exterior features
    Storage Building, Outside Storage Area, Roof Sign, Pole Sign
    Standard status
    Active
    Size
    1,152 SF
    Lot size
    0.53 Acres

    Taxes and HOA fees

    Tax Description
    PT NW/4 NW/4
    Tax Annual Amount
    623

    Utilities

    Utilities
    Propane

    Building Details

    Floors in Building
    1
    Flooring type
    Concrete, Carpet - Partial
    Roof type
    Metal
    Architectural style
    Other
    Additional Structures
    See Remarks, Storage

    We can help!

    Listing Contact
    Jessie Friend
    Jessie Friend

    Listing agent Jessie Friend

    Listing office Coldwell Banker Ozark Real Estate Company 3917 Hwy 62/412, Hardy, AR

    Listing date Mar 2, 2026

    MLS# 26009338

    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.

    HighLights

    • Turnkey outfitter business opportunity near the Spring River.
    • Includes a large inventory of canoes, kayaks, tubes, rafts and equipment.
    • Features shuttle vans and buses for river transportation, plus trailers.
    • Established business with live bait systems and a repair shop.
    • Located across from the Spring River Motel and near historic downtown Hardy.
    • Established website included.

    Overview

    This turnkey outfitter business opportunity is located in Hardy, Arkansas, near the Spring River. The established canoe, kayak, tube, and raft rental operation is fully equipped and ready for new ownership. The sale includes a large inventory of watercraft, including canoes, kayaks, tubes, and rafts, plus paddles, life jackets, coolers, waterproof supplies, water shoes, hats, and retail items for floaters and anglers. Business assets include shuttle vans and buses for river transportation, trailers for hauling kayaks and canoes, and equipment needed to operate a successful float service and fishing outfitter. The property also features live bait systems for minnows and crickets and a repair shop with tools, parts, and materials for maintaining kayaks, rafts, and canoes. The property is located across from the Spring River Motel and minutes from historic downtown Hardy with shopping, dining, and tourism traffic. The property size is 1152 square feet and the lot size is 0.53 acres. An established website is included.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Marinas

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Hair Salon Auto Repair Shop Nail Salon Pharmacy Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hardy
    County
    Sharp
    State
    Arkansas
    Longitude
    -91.4878009
    Latitude
    36.3201062

    Nearby Similar for Sale

    • $349,900
      7,200 SF

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      5 Spring Street, Hardy, AR 72542
      View Details
    • $199,900
      2,995 SF

      Highway 63 Commercial Opportunity

      Versatile commercial property with high visibility on Highway 63.
      2516 Us Highway 63, Hardy, AR 72542
      View Details
    • $295,000
      3,080 SF

      Former Restaurant on High-Traffic Corner

      Former fast-food restaurant at a signalized, high-traffic intersection.
      270 W Main St, Hardy, AR 72542
      View Details

    FAQs

    What type of property is this?
    Marina - Established outfitter business near Spring River, fully equipped and ready.
    Where is this marina located?
    The property is located at 420 Highway 63 Hardy, AR.
    What is the asking price?
    The asking price for this property is $279,000.
    What are key features of this property?
    This property features: Turnkey outfitter business opportunity near the Spring River.; Includes a large inventory of canoes, kayaks, tubes, rafts and equipment.; Features shuttle vans and buses for river transportation, plus trailers.
    (870) 751-0841
    We can help!
    Listing Contact
    Jessie Friend
    Jessie Friend
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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