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Property profile & analytics
OFF-MARKET
Commercial real estate

116 County Road 228 Eureka Springs, AR 72631

3,800 SF
Property ID
US05-1475115
Property summary
AI-generated overview

This exceptional Eureka Springs, Arkansas commercial property encompasses 2.75 acres of cleared land, ideally situated near several lakes and the Arkansas/Missouri state line. The property currently features a seven-unit complex, comprising five one-bedroom units (approximately 600-625+ square feet each) and two studio units (350 square feet each). A brand-new, two-bedroom, two-bathroom tiny home with a back deck adds to the existing rental portfolio. The entire complex generates a substantial gross monthly income of $8,300. The expansive flat land offers significant potential for future development, allowing for the construction of additional residential units or a new commercial structure, thereby expanding the investment opportunity. The property is located at 116 and 118 County Road 228, Eureka Springs, AR 72631, and totals 3,800 square feet of land. Detailed financial information is available upon request. This presents a rare chance to acquire a lucrative income-producing property with considerable upside potential in a desirable location. Don't miss this opportunity to own a piece of Eureka Springs' thriving real estate market.

Property profile
Verified
Property type Commercial real estate
Total area 3,800 SF
UPID US05-1475115
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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