1106 Fort StBarling, AR 72923

Property Details for 1106 Fort St

Year built

1969

Lot size

0.75 AC

Property size (Sq ft)

7,263 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

61356-0022-00000-00

APU

6135600220000000

Description

This exceptional 1,850-square-foot commercial property, located at 1106 Fort Street in Barling, Arkansas, presents a fantastic opportunity for a single tenant. The space is classified as both retail and office, offering flexibility for a variety of businesses. The building boasts a wide-open layout, providing excellent visibility from Fort Street. This prime location benefits from proximity to several established businesses, including Bruce & Terri's Catering, Farmers Insurance, Dollar General, and the new Yeager's Ace Hardware, ensuring high foot traffic and brand visibility. The entire 1,850 square feet is currently vacant and ready for immediate occupancy. The lease price is $1,550 per month, based on a three-year lease term. It's important to note that utilities are the responsibility of the tenant. This property is situated in Sebastian County, Arkansas, with a zip code of 72923. The property's address is 1106 Fort St, Barling, AR. This is a single-tenant space ideal for businesses seeking a high-traffic location with excellent visibility in a thriving commercial area. The property is ready for immediate occupancy and offers a great opportunity for a business to establish a strong presence in the Barling community.

• CAP approach

  CAP return

  Valuation

  6%

  $930,700

  6.5%

  $859,107

  7%

  $797,743

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,309,196

  Geo Method

  $1,309,196

• Alternative Use

  Use

  Valuation

  Residential

  $724,689

  Hospitality

  $663,812

  Educational

  $552,283

  Medical

  $571,277

  Retail

  $859,107

Location Insight

City

Barling

County

Sebastian

State

Arkansas

Latitude

35.331

Longitude

-94.3077

CBSA code

22900

CBSA name

FORT SMITH, AR-OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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