112 3Rd St Ozark, AR 72949
- Strip malls
- 12,000 SF
- 0.28 lot acres
Current Use by Public Records
- Heather Cloos Massage / Massage Therapist
- Right Price Resale / Store
Property Details for 112 3Rd St
- Year built
- 1940
- Lot size
- 0.28 lot acres
- Property size
- 12,000 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 009-00879-000
- APU
- 900879000
Description
This exceptional retail property, located at 112 3rd Street in Ozark, Arkansas, presents a lucrative investment opportunity. Spanning 12,000 square feet on a 0.28-acre lot, this high-traffic location offers significant income potential. The property features four individual retail spaces, three of which are currently leased, generating a consistent monthly rental income of $1,650. The main warehouse space is included among the leased units. This ensures a steady cash flow from day one for the new owner. Recent improvements include a newly installed sprinkler system and updated electrical metering for each individual space, enhancing both safety and operational efficiency. The property's prime location and existing tenant base make it an ideal investment for both owner-operators seeking to establish their own business and investors looking for a strong rental income stream. The asking price of $130,000 represents an exceptional value given the property's size, location, and current income generation. Don't miss this chance to acquire a profitable and well-maintained retail property in a thriving Ozark, AR market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $220,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $165,000
- 6.5%
- $190,000
- 7%
- $180,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $200,000
- Geo Method
- $180,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $160,000
- Retail
- $160,000
- Mixed-Use
- $145,000
- Hospitality
- $155,000
- Educational
- $140,000
- Residential Income
- $175,000
- Energy
- $170,000
- Income-Based Land
- $185,000
- Food Service
- $165,000
Location Insight
- Map
- Local Demand
- City
- Ozark
- County
- Franklin
- State
- Arkansas
- Longitude
- -93.8268
- Latitude
- 35.4874
- CBSA code
- 22900
- CBSA name
- FORT SMITH, AR-OK METROPOLITAN STATISTICAL AREA