102 Highway 178, Midway, AR 72653
For Sale
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This exceptional commercial property, situated at 102 HWY 178 in Midway, Arkansas, presents a unique investment opportunity. Boasting a prime location at the intersection of HWY 5 and HWY 178, between the popular Bull Shoals and Norfork Lakes, this property enjoys high visibility and convenient access. The property encompasses 0.61 acres and includes a diverse range of structures, making it suitable for a variety of uses. Six 12x24 foot storage units and eight 10x20 foot storage units provide ample storage space, generating potential rental income. Two generously sized attached shops, each equipped with a restroom and a large overhead door, offer versatile space for workshops, small businesses, or additional storage. The spacious front lot is partially fenced, ready for a gate, ideal for boat and RV storage, further enhancing the property's income potential. A smaller building with highway frontage adds to the property's flexibility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.