Heated and Cooled Storefront
For Sale
Contact for pricing
692 Hwy 65 N, Greenbrier, AR 72058
Climate-controlled commercial space offers a functional setting for business operations.
Property Size2,400 SF
Price / SF$0.92
Days on Market52
Property Features for 692 Hwy 65 N
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Land
Amenities
heated and cooled
Building Details
Year Built
1999
Listing Agency:
Baxley-Penfield-Moudy Realtors
Listed By:
Amber Wood
(501) 444-2055
Source:
Midsouthar
Added: Aug 26
Changed: Oct 15
Last Checked: Oct 14 at 11:00PM
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 Baxley-Penfield-Moudy Realtors
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Investment Insights
Based on property information with market context.
This storefront property provides 2,400 square feet of heated and cooled commercial space. The building was constructed in 1999 and is located in Greenbrier, Arkansas. Its existing climate-controlled interior supports a range of business operations without requiring the occupant to begin with an unconditioned shell.
Key Highlights
- 2,400 square feet of heated and cooled space
- Building constructed in 1999
- Storefront property in Greenbrier, Arkansas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,663
Suggested Prices Based on Cap Rates
Cap Rate 5%
$473,260
$473.3K
Cap Rate 7%
$338,043
$338.0K
Cap Rate 9%
$262,922
$262.9K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$36.0K $15.00/SF
− Vacancy
−$2.2K −$0.92/SF
EGI
$33.8K $14.09/SF
− OpEx
−$10.1K −$4.23/SF
NOI
$23.7K $9.86/SF
Area
Faulkner County, AR
Vacancy
6.10%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$473,260
Cap Rate 7%
$338,043
Cap Rate 9%
$262,922
Alternative Uses
Best Use
Retail
$338.0K
$295.8K – $394.4K
NOI $23,663 @ 7.0% cap · market cap 1,075.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$547.4K
$479.0K – $638.7K
NOI $38,319 @ 7.0% cap · market cap 1,741.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
124
Businesses Nearby
10k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Mobil
Shops & Services
9,978 visits/mo
0.4 miles
Demographics for 72058, AR
18,525
Population
7,143
Households
2.6
Avg Household Size
37
Median Age
28%
College-Educated
96%
High-School Grad
157.3 sq mi
ZIP Area
118
Density / Sq Mi
$80,406
Median Household Income
$48,578
Median Earnings
$1,027
Median Rent
$203,400
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
Frequently Asked Questions
What type of property is this?
Storefront property - Climate-controlled commercial space offers a functional setting for business operations.
Where is this storefront property located?
The property is located at 692 Hwy 65 N Greenbrier, AR.
What are key features of this property?
This property features: 2,400 square feet of heated and cooled space; Building constructed in 1999; Storefront property in Greenbrier, Arkansas
