Auto Body Shop with Paint
For Sale
$240,000
7080 Market St., Dover, AR 72837
A collision-repair operation includes a paint booth and automotive lift.
Property Size4,016 SF
Lot Size0.70 Acres
Price / SF$59.76
Days on Market15
Property Features for 7080 Market St.
General Information
Standard status
Active
Size
4,016 SF
Lot size
0.70 Acres
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Outdoor Storage
Yes
Tenancy & Operations
Currently Operating
Yes
Real Estate Included
Yes
Additional Details
Business Included
Yes
Automotive Uses
collision/body shop, auto repair, detailing
Amenities
paint booth
automotive lift
Lot Size Acres: 0.7
Percentage of Tax that is Deductable: 0
Sale, Sale Type: Foreclosure
Property Township: Dover
Above Area Square Feet: 4016
Building Details
Buildings
1
Listing Agency:
Mossy Oak Properties Field, Farm, and Homes
Listed By:
Logan May
(479) 480-7000
Source:
Doyle-realty
Added: Oct 11
Changed: Oct 25
Last Checked: Oct 24 at 6:40PM
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 Mossy Oak Properties Field, Farm, and Homes
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The operating auto body and paint business occupies a 4,016+/- square-foot commercial building on a concrete foundation. A paint booth and automotive lift convey with the property. The 0.70+/- acre parcel, equivalent to 30,492+/- square feet, also has space for customer parking, vehicle storage, and work in progress.
Located at 7080 Market St. in Dover, the property is on the Highway 7 corridor between Dover and Russellville.
Located at 7080 Market St. in Dover, the property is on the Highway 7 corridor between Dover and Russellville.
Key Highlights
- 4,016+/- sq ft commercial building on a concrete foundation
- 0.70+/- acre lot (30,492+/- sq ft)
- Paint booth and automotive lift convey with the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,585
Cap Rate
6.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$311,700
$311.7K
Cap Rate 7%
$222,643
$222.6K
Cap Rate 9%
$173,167
$173.2K
Market Conditions
NOI Build-Up for 4,016 SF
Gross rent
$24.1K $6.00/SF
− Vacancy
−$1.8K −$0.46/SF
EGI
$22.3K $5.54/SF
− OpEx
−$6.7K −$1.66/SF
NOI
$15.6K $3.88/SF
Area
Pope County, AR
Vacancy
7.60%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$311,700
Cap Rate 7%
$222,643
Cap Rate 9%
$173,167
Alternative Uses
Best Use
Retail
$517.6K
$452.9K – $603.9K
NOI $36,234 @ 7.0% cap · market cap 15.10%
Second Best
Industrial
$222.6K
$194.8K – $259.8K
NOI $15,585 @ 7.0% cap · market cap 6.49%
Theoretical Best
Office A
$641.6K
$561.4K – $748.6K
NOI $44,915 @ 7.0% cap · market cap 18.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Get the owner's phone numbers and email
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
34
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72837, AR
7,897
Population
3,988
Households
2
Avg Household Size
43
Median Age
16%
College-Educated
83%
High-School Grad
244.2 sq mi
ZIP Area
32
Density / Sq Mi
$47,250
Median Household Income
$37,507
Median Earnings
$847
Median Rent
$124,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Market Street Auto Service — 6625 Market St, Dover, AR 72837
- Mountain Enterprises — 120 Linker Mountain Rd, Dover, AR 72837
- Smitty's AUTO PAINTING — Dover, AR 72837
- Arkansas chrome and customs — 7080 Market St, Dover, AR 72837
- Picture Perfect Auto Body — 7080 Market St, Dover, AR 72837
Frequently Asked Questions
What type of property is this?
Auto shop - A collision-repair operation includes a paint booth and automotive lift.
Where is this auto shop located?
The property is located at 7080 Market St. Dover, AR.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: 4,016+/- sq ft commercial building on a concrete foundation; 0.70+/- acre lot (30,492+/- sq ft); Paint booth and automotive lift convey with the property
