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Financial
Distress signals
Property profile

118 E Buchanan St Prairie Grove, AR 72753

FOR SALE
Retail space
Property ID
US05-0853336
3,080 SF 0.14 ac lot Built 1910
Last sale Jun 2006 · $97,000
Individually Owned Owner of record is an individual. 20-yr Hold Held for 20 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A 3,080-square-foot storefront-style commercial building located in Historic Downtown Prairie Grove. The property is positioned within a downtown commercial area and is configured to support retail occupancy, including potential use by an owner-occupant or operation by an investor for retail leasing purposes. The building’s layout is suited for retail operations serving the surrounding downtown retail district.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$1k
Tax billed · 2024
Assessed value$30k
Assessed land$5k
Assessed improvement$25k
Effective rate3.52%

Value estimate

· Oct 2026
$345k
$311k – $380k
AI approach$255k
NOI build-up
Gross scheduled income$55k
Vacancy & credit loss−$4k
Operating expenses−$16k
NOI · 10.07% cap applied$36k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$144/SF
County average, outlier-cleaned · 53 recorded sales of this use type
Observed band · Q1–Q3$72 – $211
Qualifying comparables4

Cap rate analysis

How does the asset earn?
10.07%
$36k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWASHINGTON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.9
Building Supply13.3
Wholesale Shop13.2

Location

118 E Buchanan St Prairie Grove, AR 72753
County assessor Recorded deeds · 2 transfers 4 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
116 Mock, Prairie Grove, AR 72753-2800 $550,000 Nov 2024 6,868 SF
111 Buchanan, Prairie Grove, AR 72753-2900 $275,000 Jan 2023 2,130 SF
2222 Heritage, Prairie Grove, AR 72753 $20,437 Nov 2021 6,200 SF
115 Buchanan, Prairie Grove, AR 72753-2900 $89,500 Oct 2021 2,460 SF
921 Douglas, Prairie Grove, AR 72753-8500 $15,711 Jul 2021 7,500 SF
15785 Hwy 62, Prairie Grove, AR 72753-9201 $140,000 Mar 2020 2,174 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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