Property profile

1156 Main St Booneville, AR 72927

OFF-MARKET
Specialty properties
3,485 SF 1.05 ac lot Built 1985
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Property summary

AI-generated overview

This exceptional 3,485 square foot commercial property, situated on 1.05 acres in Booneville, Arkansas, presents a unique investment opportunity. Located at 1156 W Main St, the building boasts 315 feet of frontage on Highway 10, experiencing over 4,000 vehicles daily. Completely remodeled in 2010, the single-story structure features all-new plumbing, a new central HVAC system with gas heat, updated carpeting and ceramic tile, remodeled ADA-compliant bathrooms, and a new architectural shingle roof. The property includes a spacious parking lot accommodating 40 vehicles, enhanced by a convenient breezeway. An additional outbuilding provides valuable on-site storage. The property is zoned R-1 and offers significant potential for various commercial uses. Booneville offers a thriving community with a population exceeding 4,000, boasting amenities such as K-12 schools, a Boys & Girls Club, a municipal airport, an 18-hole golf course, and various retail and restaurant options including Walmart, Tractor Supply, and local favorites. This property's prime location and recent renovations make it an ideal investment for businesses seeking to establish or expand their operations in a vibrant Arkansas community. The asking price is $129,900.

Property profile

Verified
Property type Specialty properties
Year built 1985
Total area 3,485 SF
Lot 1.05 ac (45,738 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1156 Main St Booneville, AR 72927
Booneville metro
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Value estimations

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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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