12281 Hwy 84 Hwy Bismarck, AR 71929
- Commercial real estate
- 12,520 SF
Current Use by Public Records
- Commercial real estate
Property Details for 12281 Hwy 84 Hwy
- Year built
- 1998
- Property size
- 12,520 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a fully occupied 12,520 square foot commercial building situated at 12281 Hwy 84 Highway in Bismarck, Arkansas. The property boasts a substantial concrete parking area, ensuring ample space for tenants and customers. Currently generating a 10% capitalization rate, this building offers a strong return on investment. Three tenants are currently under lease agreements, contributing to the consistent income stream. In addition to the leased space, the owner utilizes approximately 1,000 square feet for office and storage purposes. The building features a 400 square foot enclosed loading dock, enhancing functionality and efficiency for tenants. Constructed with a durable metal exterior and insulated for optimal climate control, the building also benefits from an expandable frame, allowing for future expansion to meet evolving business needs. The property sits on a 1.8-acre lot, providing ample space and potential for future development. This is a rare opportunity to acquire a stable, high-performing commercial property in a desirable location. The strong tenant occupancy and high cap rate make this an attractive investment for discerning buyers seeking immediate returns and long-term growth potential. Financial details are available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bismarck
- County
- Hot Spring
- State
- Arkansas
- Longitude
- -93.1668
- Latitude
- 34.3199
