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    OFF-MARKET
    Commercial real estate

    1177 Hwy, Cotter, AR 72626

    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 1177 Hwy 62 in Cotter, Arkansas, presents a significant opportunity for business owners. Situated on a 0.91-acre lot, the building boasts over 6,000 square feet of versatile space, enjoying high visibility and traffic flow due to its prime Highway 62 frontage. The interior comprises numerous offices, a welcoming reception area, and a spacious lobby, providing ample room for various business needs. A key feature is the unfinished upstairs area, possessing the potential to be developed into a two-bedroom apartment complete with a kitchen, adding significant value and potential rental income. The property is zoned C-2, ensuring flexibility for a range of commercial uses. City utilities are readily available, including water, sewer, and natural gas connections. This property offers a blend of established office space and significant expansion potential, making it an ideal investment for entrepreneurs and businesses seeking a prominent location in Cotter, Arkansas. The substantial square footage, combined with the high-traffic location and potential for residential conversion, makes this a truly unique and attractive commercial offering. The property's location on Hwy 62 ensures excellent visibility and accessibility for clients and employees. The existing infrastructure and readily available utilities simplify the transition for any new business.

    Property profile
    Verified
    Property type Commercial real estate
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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