Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    937 1St St Stephens, AR 71764

    For Sale
    $70,000

    Distressed Grocery Store, 5,040 SF, $70,000

    Property size:
    5,040 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This 5,040-square-foot retail property, located at 937 N 1st St, Stephens, AR 71764, presents a unique investment opportunity. Built in 1970, this single-story building previously operated as a successful grocery store for many years. However, due to mismanagement and disrepair, it is now being sold in its current "as-is" condition. The asking price is $70,000, translating to $13.89 per square foot. The property requires significant renovations, including exterior and roof repairs, and mold remediation. The entire 5,040 square feet is net rentable. Despite its current condition, the property's size and location in Ouachita County, Arkansas, offer considerable potential for redevelopment. It could be restored to its former use as a commercial enterprise, or repurposed for alternative uses, potentially including residential conversion. This distressed sale presents a chance to acquire a substantial property at a significantly reduced price, allowing for substantial value creation through renovation and repositioning. The property's history as a thriving grocery store demonstrates the inherent viability of the location. Investors seeking a value-add project with high upside potential should seriously consider this opportunity.

    Property Features for 937 1St St

    General Information

    Property type
    Individual retail properties
    Square Feet
    5,040 SF

    Building Details

    Year Built
    1970
    Stories
    1

    HighLights

    • $70,000 asking price for a 5,040 SF grocery store in Stephens, AR.
    • Distressed sale condition; needs exterior/roof repair and mold remediation.
    • Located at 937 N 1st St, Stephens, AR 71764.
    • $13.89/SF price.
    • Built in 1970, single‑story building.
    • Broker co‑op available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Spa & Massage Auto Repair Shop Hair Salon Nail Salon Auto Parts Store Accounting Firm Bookstore

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

    Location Insight

    • Map
    • Local Demand
    City
    Stephens
    County
    Ouachita
    State
    Arkansas
    Longitude
    -93.06531616141
    Latitude
    33.420259678581

    Nearby Comparable

    • $125,000
      1.00 Acre

      Prime Stephens AR Business Land

      Acre lot, high potential, $125,000.
      118 Ky Dr, Stephens, AR 71764
      View Details
    • $47,000
      1,520 SF

      Commercial Building in Stephens, AR

      Commercial building for sale in Stephens, Arkansas. Sold as-is.
      521 South 1St St, Stephens, AR 71764
      View Details

    Nearby Similar for Sale

    • $47,000
      1,520 SF

      Commercial Building in Stephens, AR

      Commercial building for sale in Stephens, Arkansas. Sold as-is.
      521 South 1St St, Stephens, AR 71764
      View Details
    • $125,000
      1.00 Acre

      Prime Stephens AR Business Land

      Acre lot, high potential, $125,000.
      118 Ky Dr, Stephens, AR 71764
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Distressed Grocery Store, 5,040 SF, $70,000
    Where is this individual retail property located?
    The property is located at 937 1St St Stephens, AR.
    What is the asking price?
    The asking price for this property is $70,000.
    What are key features of this property?
    This property features: $70,000 asking price for a 5,040 SF grocery store in Stephens, AR.; Distressed sale condition; needs exterior/roof repair and mold remediation.; Located at 937 N 1st St, Stephens, AR 71764.
    Request Owner's contact information
    937 1St St Stephens, AR 71764
    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.
    937 1St St
    Stephens, AR 71764
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    937 1St St Stephens, AR 71764
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.