9746 Highway 62, Viola, AR 72583
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.
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.