Property profile

4245 State Hwy Calico Rock, AR 72519

OFF-MARKET
Hospitality properties
11,589 SF 5 ac lot Built 1940
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Property summary

AI-generated overview

This exceptional Arkansas business opportunity encompasses a highly-rated, 4-star restaurant and 11 newly refurbished nightly rental cabins situated on 5 acres near Norfork Lake. The restaurant boasts a rebuilt kitchen, seating for 100 indoors and 40 on a picturesque patio, and a popular catering side business. The 11 cabins, featuring 18 beds, are currently undermarketed, presenting significant growth potential. Built in 1940 and renovated in 2018, the property includes 15 buildings across two stories, totaling 11,589 square feet. The property enjoys a strong NOI of $310,000, a 21.02% cap rate, and is listed at $1,475,000 ($127.28/sq ft). The business benefits from its convenient location near the dam, attracting customers drawn to the area's renowned fishing and water sports. The existing infrastructure is complete, allowing a new owner to immediately manage, promote, and expand the business. An optional adjacent 36-acre parcel presents further expansion opportunities, potentially for a luxury residence or additional cabins/RV park. This turnkey operation offers a unique blend of culinary excellence, luxurious overnight accommodations, and a strong return on investment. The property is zoned commercial and is owner-occupied.

Property profile

Verified
Property type Hospitality properties
Year built 1940
Total area 11,589 SF
Lot 5 ac (217,800 SF)

Cap rate & NOI

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

Location

4245 State Hwy Calico Rock, AR 72519
Calico Rock 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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