Property profile

106 CENTER ST Lonoke, AR 72086

OFF-MARKET
Retail Stores
Property ID
US05-0270307
1,613 SF 0.03 ac lot
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Property summary

AI-generated overview

The property at 106 N Center Street in Lonoke, Arkansas is a combined restaurant and art studio/gallery space totaling 2,213 square feet, situated on a 0.03-acre lot. The site is configured to support food service and an art-related public venue, with facilities suitable for activities such as art classes, gallery use, and private rentals, as well as complementary uses including a gift shop, takeout and prepared frozen meal sales, and catering. There are leasing options noted with a minimum term of six months.

Property profile

Verified
Property type Retail Stores
Total area 1,613 SF
Lot 0.03 ac (1,307 SF)
APN 780-10510-003
UPID US05-0270307

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

106 CENTER ST Lonoke, AR 72086
Lonoke metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

since 2017
Last sale
$18,000
1 recorded transaction
2017
$18,000
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