Remodeled Gas Station with Food
For Sale
$449,900
6061 Hwy 167 S, Sheridan, AR 72150
COMMERCIAL - Sheridan, AR
Property Size3,980 SF
Lot Size1.18 Acres
Price / SF$113.04
Days on Market175
Property Features for 6061 Hwy 167 S
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
10
Interior features
Public Restrooms, Equipment (see remarks), Inventory (see remarks), Smoke Detector, Kitchen Area
Exterior features
Pole Sign, Wheelchair Accessible
Accessibility
Accessible Approach with Ramp
Lot features
Level
Directions
Go South on 167 approx 6 miles. Store located at the intersection of Hwy 167 and Grant 8
Subdivision
SHERIDAN & GRANT COUNTY
Standard status
Active
APN
001-044894-000C
Size
3,980 SF
Lot size
1.18 Acres
Taxes and HOA fees
Tax Description
courthouse
Tax Annual Amount
698
Legal Description
courthouse
Building Details
Year built
1985
Floors in Building
1
Flooring type
Carpet - Partial, Tile
Additional Structures
See Remarks
Listing Agency:
TMK Properties
(870) 942-0800
Listed By:
Lisa Ray
(870) 941-2294
Added: Feb 11
Changed: Aug 4
Last Checked: Aug 5 at 4:06PM
MLS# 26005365
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.
Investment Insights
Based on property information with market context.
Turn-key remodeled gas station with food service equipment included, offered for sale on an “as is” basis. The interior and exterior have been updated, and the building includes a kitchen area plus public restrooms and smoke detector. Flooring includes partial carpet and tile. Additional interior features referenced include equipment and inventory, and the property includes wheelchair accessibility elements.
The site is 1.18 acres with a 3,980 square-foot building and was built in 1985. Exterior features include a pole sign and an accessible approach with ramp. The property address is 6061 Hwy 167 S in Sheridan, Arkansas, with emphasis in the remarks on visibility, accessibility, and ample customer parking at a high-traffic location.
For buyers seeking an owner-operator or investor setup, the current configuration supports a gas station and food service operation using the equipment described in the interior features. Contact the listing agent for questions and showings.
The site is 1.18 acres with a 3,980 square-foot building and was built in 1985. Exterior features include a pole sign and an accessible approach with ramp. The property address is 6061 Hwy 167 S in Sheridan, Arkansas, with emphasis in the remarks on visibility, accessibility, and ample customer parking at a high-traffic location.
For buyers seeking an owner-operator or investor setup, the current configuration supports a gas station and food service operation using the equipment described in the interior features. Contact the listing agent for questions and showings.
Key Highlights
- 1.18‑acre site with a 3,980 SF gas station building
- Remodeled interior and exterior finishes, sold AS IS
- Food service equipment included; equipment and inventory referenced
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $60.2k | $15.12 |
| − Vacancy | −$3.6k | −$0.91 |
| EGI | $56.6k | $14.21 |
| − OpEx | −$17.0k | −$4.26 |
| NOI | $39.6k | $9.95 |
3,980 SF · lease $15.12/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$683.0K
$597.7K – $796.9K
NOI $47,813 @ 7.0% cap · market cap 10.63%
Second Best
Retail
$565.7K
$495.0K – $660.0K
NOI $39,597 @ 7.0% cap · market cap 8.80%
Theoretical Best
Office A
$810.4K
$709.1K – $945.4K
NOI $56,725 @ 7.0% cap · market cap 12.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
10
Businesses Nearby
Explore this area
Business Placement
Demographics for 72150, AR
12,218
Population
5,359
Households
2.3
Avg Household Size
41
Median Age
23%
College-Educated
90%
High-School Grad
293.5 sq mi
ZIP Area
42
Density / Sq Mi
$75,342
Median Household Income
$45,316
Median Earnings
$781
Median Rent
$176,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Gas station - Newly remodeled gas station with food service equipment included and wheelchair-accessible ramp approach.
Where is this gas station located?
The property is located at 6061 Hwy 167 S Sheridan, AR.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: 1.18‑acre site with a 3,980 SF gas station building; Remodeled interior and exterior finishes, sold AS IS; Food service equipment included; equipment and inventory referenced
