412 Washington St Forrest City, AR 72335
- Outlet malls
- 25,230 SF
- 0.64 lot acres
Current Use by Public Records
- Western Union / Money Transfer Service / Money Order Service
- Dollar General / Beauty Supply Store / Candy Store
Property Details for 412 Washington St
- Lot size
- 0.64 lot acres
- Property size
- 25,230 SF
- Property type
- Outlet malls
- APN
- 0700-00461-0000
- APU
- 700004610000
Description
This exceptional Class A retail property, located at 412 North Washington St. in Forrest City, AR, presents a unique opportunity for businesses seeking high visibility and ample space. The single-story building, totaling 25,000 square feet, boasts 12,500 square feet of immediately available space, perfect for a variety of uses including big box retail, a gym, or urgent care facility. Built in 1980 and extensively renovated in 2023, the property is in excellent condition and offers modern amenities. The minimum divisible space is 12,500 square feet, with a maximum contiguous space also at 12,500 square feet. The strategic location next to a busy Dollar General ensures high foot traffic and excellent visibility, maximizing exposure for your business. Customer convenience is further enhanced by the availability of 150 parking spaces. The property sits on two acres of land, providing ample room for expansion or outdoor activities. This is a rare opportunity to secure a prime retail location in a thriving area. Don't miss out on this chance to establish your business in a highly visible and accessible location. The property offers a blend of modern updates and a prime location, making it an ideal investment for discerning businesses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $535,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $450,000
- 6.5%
- $530,000
- 7%
- $465,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $495,000
- Geo Method
- $495,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $470,000
- Retail
- $450,000
- Mixed-Use
- $400,000
- Hospitality
- $370,000
- Educational
- $500,000
- Residential Income
- $380,000
- Energy
- $390,000
- Income-Based Land
- $465,000
- Food Service
- $505,000
Location Insight
- Map
- Local Demand
- City
- Forrest City
- County
- St. Francis
- State
- Arkansas
- Longitude
- -90.7863
- Latitude
- 35.0124
- CBSA code
- 22620
- CBSA name
- FORREST CITY, AR MICROPOLITAN STATISTICAL AREA
