Property profile

9746 Highway 62 Viola, AR 72583

OFF-MARKET
Commercial real estate
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Property summary

AI-generated overview

This exceptional commercial property, located at 9746 HWY 62 EAST in Viola, Arkansas, presents a fantastic investment opportunity. Priced at $275,000, the property boasts a prime corner lot and has undergone significant recent updates. Currently leased to a thriving Mexican restaurant, the property generates a consistent monthly rental income of $1,800. The existing tenant expresses a strong desire to remain, ensuring a stable and immediate return on investment. The property's size, in terms of square footage and acreage, is not specified in the available information. However, the prominent corner location offers excellent visibility and accessibility for customers. This makes it an ideal investment for those seeking a reliable income stream from a well-established business in a desirable location. The property's recent updates contribute to its overall appeal and potential for continued profitability. The strong tenant occupancy and consistent rental income make this a low-risk, high-reward investment opportunity. Serious inquiries are encouraged to explore this promising commercial property further. Further details regarding the property's precise dimensions and specific updates are available upon request.

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

Location

9746 Highway 62 Viola, AR 72583
Viola metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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