101 Poplar St Searcy, AR 72143
- Outlet malls
- 91,577 SF
- 7.06 lot acres
Current Use by Public Records
- Outlet malls
Property Details for 101 Poplar St
- Year built
- 1983
- Lot size
- 7.06 lot acres
- Property size
- 91,577 SF
- Property type
- Outlet malls
- APN
- 016-09938-002
- APU
- 1609938002
Description
This exceptional retail opportunity presents approximately 30,000 square feet of space in Searcy, Arkansas's Town & Country Plaza. Located on Poplar Street and easily accessible from Race Street and US Highway 64, this Class B property boasts high visibility and significant daily traffic exceeding 23,000 vehicles on US Highway 64 and over 26,000 on Race Street. The property, built in 1983, sits on a 7.06-acre lot and is zoned C-2. Previously occupied by Tractor Supply, this single-tenant space features convenient roll-up doors and a truck-height docking facility, ideal for efficient loading and unloading. Ample parking is available to accommodate a large customer base. The property is part of an established shopping center anchored by national brands including Ashley Homestore, JC Penney, Big Lots, Maurices, Gamble Home, and Hibbett Sports. Exciting renovations are planned for this section of the plaza, creating a modern and attractive retail environment. A tenant allowance is available to assist with build-out, and the landlord may be able to expand the space by up to an additional 15,000 square feet to meet tenant needs. The APN is 016-09938-002.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $5,280,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,740,000
- 6.5%
- $5,015,000
- 7%
- $5,390,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $5,185,000
- Geo Method
- $4,680,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $5,425,000
- Retail
- $4,510,000
- Mixed-Use
- $4,825,000
- Hospitality
- $4,560,000
- Educational
- $5,530,000
- Residential Income
- $4,515,000
- Energy
- $5,175,000
- Income-Based Land
- $5,175,000
- Food Service
- $5,635,000
Location Insight
- Map
- Local Demand
- City
- Searcy
- County
- White
- State
- Arkansas
- Longitude
- -91.6923
- Latitude
- 35.247
- CBSA code
- 42620
- CBSA name
- SEARCY, AR MICROPOLITAN STATISTICAL AREA