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Property profile & analytics

308 2nd SE Ave Gravette, AR 72736-9465

  • Self service car washes
  • 2,511 SF
  • 0.37 lot acres
OFF-MARKET
Last Sale
Mar 17, 2020
$200,000
Value Estimations
$245,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US05-0411194
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Self service car washes

Property Details for 308 2nd SE Ave

Lot size
0.37 lot acres
Property size
2,511 SF
Property type
Self service car washes
APN
11-00326-000
APU
1100326000

Description

This exceptional commercial property, located at 308 SW 2nd Avenue in Gravette, Arkansas, presents a lucrative investment opportunity. The 2,511 square foot car wash boasts four updated manual washing bays, catering to a wide range of vehicles. A significant advantage is the inclusion of one updated bay specifically designed for large equipment and big rigs, expanding the potential customer base and revenue streams. Further enhancing its appeal is a brand-new automatic washing bay, providing modern convenience and efficiency. The property sits on a 0.37-acre lot and enjoys excellent visibility with 150 feet of frontage on 2nd Street, placing it directly within Gravette's bustling business district and conveniently situated at a major four-way intersection. This high-traffic location ensures consistent customer flow. The property's infrastructure is already plumbed for the addition of a laundromat, offering significant potential for expansion and diversification of income streams. The asking price for this turnkey operation is $550,000. This presents a rare opportunity to acquire a well-established, profitable business with significant growth potential in a thriving Arkansas community. The existing infrastructure and prime location make this a truly exceptional investment.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $215,000
    ML approach
    $250,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $336,000
    Market price range: $232k - $726k
    AI Estimate
    $146,000
    Market price range: $112k - $330k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Gravette
County
Benton
State
Arkansas
Longitude
-94.454
Latitude
36.4197
CBSA code
22220
CBSA name
FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,718
$7,740
$27,290
$35,030
-
$38,700
$136,450
$175,150
More about this property
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