316 Hwy 62/412, Salem, AR 72576
This exceptional commercial property, located at 316 Hwy 62/412 E in Salem, Arkansas, presents a compelling investment opportunity. Situated on a 0.23-acre lot, the 960-square-foot building boasts a prime location with high traffic volume, ideal for a variety of businesses. The interior layout includes a lobby, two offices, a bathroom, and a substantial storage area, offering versatility for diverse operational needs. The property's highway frontage ensures excellent visibility and accessibility, making it an attractive prospect for both established businesses and new ventures. Its location in Salem, Arkansas, within Fulton County, places it near Lake Norfork, adding to its appeal. The property's potential extends beyond immediate occupancy, as it also presents a strong opportunity for rental income generation. This well-maintained building offers a blend of functionality and location, making it a highly desirable asset in the North Central Arkansas region. The asking price is $119,000. This is a rare opportunity to acquire a thriving commercial property in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.