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    OFF-MARKET
    Commercial real estate

    9746 Highway 62, Viola, AR 72583

    Property ID
    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
    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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