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    401 Michigan St Stuttgart, AR 72160

    Sponsored
    For Sale
    $400,000

    High-visibility retail space, ample parking.

    Property size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6,000 square foot storefront, located at 401 W Michigan St in Stuttgart, Arkansas, presents a unique investment opportunity. Built in 2014, this single-story building sits on a 0.54-acre lot and is zoned B-2. The asking price is $400,000, translating to a price per square foot of $66.67. The property boasts excellent frontage and high visibility on W Michigan Street, which sees 5,800 vehicles per day. Convenient access to Highway 165 (11,000 VPD) ensures high traffic flow. Ample parking is available for customers and employees. The open box layout is ideal for a single user. The property's previous tenant was Aaron's, and there's potential for expansion to the rear if needed. This location offers a strong combination of visibility, accessibility, and ample space, making it an attractive proposition for a variety of retail businesses. The property's 2014 construction ensures modern amenities and efficient operation. This is a rare opportunity to acquire a well-situated retail space in a thriving Arkansas community. The zip code is 72160.

    Property Features for 401 Michigan St

    General Information

    Property type
    Individual retail properties
    Square Feet
    6,000 SF
    Lot Size
    23,522 SF

    Building Details

    Year Built
    2014
    Buildings
    1
    Stories
    1

    HighLights

    • 6,000 SF storefront on 0.54‑acre lot in Stuttgart, AR.
    • $400,000 asking price ($66.67/SF).
    • High visibility on W Michigan St (5,800 VPD) with convenient Highway 165 access (11,000 VPD).
    • Ample parking and open box layout ideal for single‑user occupancy.
    • Former Aaron's location with potential for rear expansion.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Stuttgart
    County
    Arkansas
    State
    Arkansas
    Longitude
    -91.555559905256
    Latitude
    34.509298862961

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    FAQs

    What type of property is this?
    Individual retail property - High-visibility retail space, ample parking.
    Where is this individual retail property located?
    The property is located at 401 Michigan St Stuttgart, AR.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: 6,000 SF storefront on 0.54-acre lot in Stuttgart, AR.; $400,000 asking price ($66.67/SF).; High visibility on W Michigan St (5,800 VPD) with convenient Highway 165 access (11,000 VPD).
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    Stuttgart, AR 72160
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    401 Michigan St Stuttgart, AR 72160
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