6256 Hwy 5 Oakland, AR 72661
- Specialty properties
- 1,020 SF
Current Use by Public Records
- Specialty properties
Property Details for 6256 Hwy 5
- Property size
- 1,020 SF
- Property type
- Specialty properties
- Property subtype
- Land
Description
This exceptional 1,020 square foot commercial property, located at 6256 Hwy 5 North in Midway, Arkansas (zip code 72661), presents a unique redevelopment opportunity. Boasting over 207 feet of highway frontage on a busy thoroughfare, this lot enjoys high visibility and significant traffic volume. The 2023 Annual Daily Traffic count was 8,700 vehicles. The property's strategic location near the intersection of Hwy 5 North, Hwy 126, and Hwy 178, provides easy access to Bull Shoals Lake and traffic flowing from Missouri. The existing building, while requiring significant renovations, offers a solid foundation for various commercial ventures. Features include three overhead doors, a single bay with a working lift (per seller), and a double bay with a non-functional lift. The building also has a bathroom, sink, power, and water; however, the HVAC system is non-operational. Two in-ground gas tanks are present and would require recertification by the buyer if a gas station is planned. The property has been vacant since 2019. The seller will provide documentation on EPA certifications up to the closure date. This property is being sold "as is," with no warranties. The asking price is $159,000. This prime location is ideal for a 24-hour fuel station, vehicle repair shop, or even a unique themed business. The absence of nearby gas stations further enhances its potential.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oakland
- County
- BAXTER
- State
- Arkansas
- Longitude
- -92.5991
- Latitude
- 36.4731
