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    Property profile & analytics

    9978 Highway 38 Hickory Plains, AR 72066

    • Retail properties
    • 3,680 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Hickory Plains One Stop / Convenience Store

    Property Details for 9978 Highway 38

    Property size
    3,680 SF
    Property type
    Retail properties
    Property subtype
    Grocery and convenience stores

    Description

    This exceptional owner-user opportunity presents a thriving 3,680-square-foot convenience store and gas station situated on over 2.5 acres at 9978 Highway 38 in Hickory Plains, Arkansas, zip code 72066. The asking price is $1,400,000, translating to $380.43 per square foot. The property boasts 100% occupancy and includes both the business and real estate, offering a turnkey investment for an operator seeking expansion. Key features include newer MPDs, a canopy, and prominent signage. The open fuel supply agreement provides flexibility for the new owner. This location benefits from limited competition, serving as the primary source for groceries, fuel, and convenience items for the surrounding community. Strategically positioned less than an hour from Little Rock, Arkansas, and under two hours from Memphis, Tennessee, this property offers significant untapped market potential for expansion, including the addition of hot food options, new retail offerings, and enhanced customer services. This is a rare chance to acquire a well-established business with substantial growth potential in a desirable location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hickory Plains
    County
    State
    Arkansas
    Longitude
    -91.7375
    Latitude
    34.9898
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    9978 Highway 38
    Hickory Plains, AR 72066
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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