Property profile

108 2nd St Flippin, AR 72634

OFF-MARKET
Turn key restaurants
Property ID
US05-0567066
2,061 SF 0.16 ac lot Built 1970
Individually Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This 2,246 square foot commercial building in Flippin, Arkansas, presents a fantastic opportunity for entrepreneurs. Located at 108 2nd Street, this vacant property offers a blank canvas for a variety of uses, including retail, commercial, office, or restaurant space. The building boasts a recently updated metal roof, a newly paved parking lot accommodating 25+ vehicles, and a newer HVAC system ensuring year-round comfort. Inside, the interior has been stripped to the studs, plumbing, and electrical, providing a clean slate for customization. Two and a half bathrooms are included, along with ample basement storage space. Added features enhance accessibility and convenience, including a handicap-accessible ramp at the main entrance and a fenced-in private area accessible from a side exit. The property is being sold "as is, where is," and requires a minimum of two hours' notice for showings. This is an exceptional opportunity to establish your business in a desirable location with significant potential. The property sits on a 0-acre lot. The asking price is $119,000.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1970
Total area 2,061 SF
Lot 0.16 ac (6,970 SF)
APN 770-00332-000
UPID US05-0567066

Cap rate & NOI

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

Location

108 2nd St Flippin, AR 72634-7906
Flippin metro Census 960202
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$175k

Owner & transaction history

since 2019
1 recorded transaction
2019
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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