Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Property Near Greers Ferry Title is generated by Realmo AI

    244 US-65, Clinton, AR 72031

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Retail space with visibility and expansion potential near popular lake.

    Type:Retail
    Property size:
    13,500 SF
    Price / SF:
    $73/SF
    Added:
    Jun 19, 2024
    Days on Market:
    702
    Last Refresh:
    Mar 17 at 1:26 pm

    Property Features for 244 US-65

    General Information

    Standard status
    Active
    Size
    13,500 SF
    Property subtype
    Retail

    Building Details

    Year Built
    2004

    We can help!

    Listing Contact
    Clint Bailey

    Listing agent Clint Bailey License #SA00073895

    Listing office ​Moses Tucker Partners

    Listing date Jun 19, 2024

    Source Crexi

    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 ​Moses Tucker Partners

    HighLights

    • Priced below replacement value with additional acreage for expansion.
    • Excellent visibility and easy ingress/egress.
    • Direct proximity to Archey Park (walking trails, playgrounds, picnic areas, sports fields, event spaces).
    • Near Greers Ferry Lake (boating, fishing, swimming, water sports).
    • 2023 capital improvements: resurfaced parking lot and replaced exterior lighting.
    • Room to add value through rent increases.

    Overview

    This retail property offers high visibility and convenient access. Capital improvements completed in 2023 include resurfacing of the parking lot and replacement of exterior lighting. The property is located near Greers Ferry Lake, a destination for boating, fishing, swimming, and water sports. Situated directly in front of Archey Park, a community park featuring walking trails, playgrounds, picnic areas, sports fields, and event spaces, the property is positioned to benefit from local community activity. The property, with a size of 13500 square feet, is priced below replacement value and includes additional acreage for potential expansion and opportunities to increase value through rent adjustments.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Clinton
    County
    Van Buren
    State
    Arkansas
    Longitude
    -92.5508
    Latitude
    35.6269

    Nearby Similar for Sale

    • $700,000
      6,445 SF

      Medical Office Space Available

      Turn-key medical office space in Clinton, Arkansas for sale.
      2097 Hwy 65 S., Clinton, AR 72031
      View Details
    • $229,900
      4,190 SF

      Clinton Retail/Office Building on Highway

      Two-story building suitable for retail, restaurant, or office use.
      2747 Hwy 65 South, Clinton, AR 72031
      View Details
    • $325,000
      8,330 SF

      Former Dealership on Highway 65

      8,330 SF former Chevrolet dealership with upgrades on 2 acres.
      314 U.S.-65 Bus, Clinton, AR 72031
      View Details
    • $1,850,000
      24,000 SF

      Retail Center on Highway 65

      Well-maintained retail center with high visibility and diverse tenant mix.
      230 N Highway 65 Highway, Clinton, AR 72031
      View Details
    • $2,368,000
      504,424 SF

      Profitable RV Park with Expansion Potential

      Income-producing RV park on 11.58 acres with expansion possibilities.
      2521 S Highway 65, Clinton, AR 72031
      View Details
    • $59,900
      1,426 SF

      Historic Commercial Building and Land

      Iconic commercial property in Clinton, Arkansas, with renovation potential.
      614 HWY 65 B, Clinton, AR 72031
      View Details
    • $95,000
      1,800 SF

      Commercial Building on Highway Frontage

      Retail or restaurant opportunity with high visibility and traffic.
      794 Hwy 65 B, Clinton, AR 72031
      View Details
    • $397,462
      6,010 SF

      Clinton, AR Multifamily Opportunity

      Operating motel suitable for conversion to monthly rentals.
      424 Highway 65 B, Clinton, AR 72031
      View Details
    • $397,462
      6,010 SF

      Clinton Commercial Motel Opportunity

      Seventeen-room motel near Greers Ferry Lake, Clinton, Arkansas.
      424 Highway 65 Business, Clinton, AR 72031
      View Details
    • $799,000
      1,050 SF

      Turn-Key Broiler Farm Opportunity

      Income-producing broiler farm on 23.50 acres in Clinton, Arkansas.
      799 Barrens Community Road, Clinton, AR 72031
      View Details
    • $399,000

      Clinton Motel Near Greers Ferry

      Motel with 17 rooms near Greers Ferry Lake.
      424 Highway 65 Bus, Clinton, AR, 72031-6635
      View Details
    • $700,000

      Retail Property For Sale

      Retail property available for purchase.
      2097 Hwy 65 S, Clinton, AR 72031
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space with visibility and expansion potential near popular lake.
    Where is this retail space located?
    The property is located at 244 US-65 Clinton, AR.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: Priced below replacement value with additional acreage for expansion.; Excellent visibility and easy ingress/egress.; Direct proximity to Archey Park (walking trails, playgrounds, picnic areas, sports fields, event spaces).
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Clint Bailey
    Real Estate License ID: SA00073895
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    244 US-65, Clinton, AR 72031
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!