Grocery Market with Garden
For Sale
$265,000
603 Highway 25 N, Guy, AR 72061
Market operation includes prepared foods, fresh produce, specialty beverages, storage, and covered vehicle parking.
Property Size1,327 SF
Lot Size2.00 Acres
Price / SF$199.70
Days on Market244
Property Features for 603 Highway 25 N
General Information
Standard status
Active
Size
1,327 SF
Lot size
2.00 Acres
Taxes and HOA fees
Annual Taxes
$688
Listing Agency:
LPT Realty Conway
(501) 291-3841
Listed By:
Lisa Martin · License #SA00076588
(501) 336-4315
Source:
Exprealty
Added: Feb 14
Changed: Oct 3
Last Checked: Oct 15 at 1:55AM
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 LPT Realty Conway
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Investment Insights
Based on property information with market context.
Located at 603 Highway 25 N in Guy, Arkansas, this grocery and convenience market occupies approximately 2 acres. The operation features fresh fruits and vegetables, locally oriented produce, baked goods, pies, jams, jellies, deli sandwiches, breakfast items, specialty coffees, and teas.
A well supports watering for garden space behind the shop, creating an on-site option for growing produce. The property also includes a red storage building and a carport adjacent to the market. The combination of food retail, prepared items, outdoor growing space, and accessory improvements supports continued operation as a community-serving market along Highway 25.
A well supports watering for garden space behind the shop, creating an on-site option for growing produce. The property also includes a red storage building and a carport adjacent to the market. The combination of food retail, prepared items, outdoor growing space, and accessory improvements supports continued operation as a community-serving market along Highway 25.
Key Highlights
- Approximately 2 acres at 603 Highway 25 N, Guy, AR
- Fresh produce, fruits, vegetables, baked goods, and prepared deli items
- Specialty coffees and teas offered on site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,915
Cap Rate
5.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$298,300
$298.3K
Cap Rate 7%
$213,071
$213.1K
Cap Rate 9%
$165,722
$165.7K
Market Conditions
NOI Build-Up for 1,327 SF
Gross rent
$21.2K $15.96/SF
− Vacancy
−$1.3K −$0.97/SF
EGI
$19.9K $14.99/SF
− OpEx
−$5.0K −$3.75/SF
NOI
$14.9K $11.24/SF
Area
Faulkner County, AR
Vacancy
6.10%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$298,300
Cap Rate 7%
$213,071
Cap Rate 9%
$165,722
Alternative Uses
Best Use
Specialty Retail
$213.1K
$186.4K – $248.6K
NOI $14,915 @ 7.0% cap · market cap 5.63%
Second Best
Retail
$186.9K
$163.6K – $218.1K
NOI $13,084 @ 7.0% cap · market cap 4.94%
Theoretical Best
Office A
$302.7K
$264.8K – $353.1K
NOI $21,187 @ 7.0% cap · market cap 8.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72061, AR
100
Population
79
Households
1.3
Avg Household Size
43
Median Age
16%
College-Educated
89%
High-School Grad
2.2 sq mi
ZIP Area
45
Density / Sq Mi
$78,657
Median Household Income
$24,423
Median Earnings
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
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Market operation includes prepared foods, fresh produce, specialty beverages, storage, and covered vehicle parking.
Where is this grocery and convenience store located?
The property is located at 603 Highway 25 N Guy, AR.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Approximately 2 acres at 603 Highway 25 N, Guy, AR; Fresh produce, fruits, vegetables, baked goods, and prepared deli items; Specialty coffees and teas offered on site
