Property profile

12 Main St Booneville, AR 72927

OFF-MARKET
Warehouses
Property ID
US05-2135863
3,922 SF 0.16 ac lot
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional retail property, located at 12 W Main Street in historic downtown Booneville, Arkansas, presents a unique investment opportunity. Situated at the intersection of Highways 10 & 23, this corner lot boasts an impressive average daily traffic count exceeding 8,000 vehicles, as reported by the Arkansas Department of Transportation. The building features separate entrances on the north and east sides, allowing for flexible use and potential division into two distinct spaces to accommodate multiple tenants or business ventures. A significant upgrade was completed in the summer of 2020 with the installation of a new 26-gauge R-Panel roof, backed by a transferable five-year warranty covering both workmanship and materials. This prime location places the property within walking distance of a variety of restaurants, retail shops, and artisan stores. Its proximity to Broadway Memorial Park, a vibrant outdoor venue hosting farmers' markets, concerts, and community events, further enhances its appeal. Booneville itself is a thriving community of over 4,000 residents, supported by a diverse range of employers and amenities, including K-12 public schools, a Boys & Girls Club, a municipal airport, an 18-hole golf course, Rockline Industries, a USDA Research Center, Mercy Hospital and Emergency Room, a Walmart Supercenter, Tractor Supply Co., Dollar Tree, and numerous chain and local restaurants such as Yorokobi, Black Dog, and Reid's Barbecue. This property offers an unparalleled chance to establish or expand a business in a dynamic and supportive community environment. The 0.17-acre lot provides ample space for various business needs. Don't miss this chance to be part of Booneville's growth.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Total area 3,922 SF
Lot 0.16 ac (6,970 SF)
APN 800-00991-000
UPID US05-2135863

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Department Store Grocery & Convenience Store
  • Alternative Medicine Practice

Location

12 Main St Booneville, AR 72927
Booneville metro Census 950500
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

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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