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    1213 S 2Nd St Cabot, AR 72023
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    1213 S 2Nd St, Cabot, AR 72023

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    • Grocery and convenience stores
    • 3,477 SF
    • 1.33 lot acres
    For Sale
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    Restaurant Opportunity in Cabot, Arkansas For Sale
    Contact for pricing
    2,000 SF

    Restaurant Opportunity in Cabot, Arkansas

    Restaurant for sale with potential for increased revenue.

    1213 S 2ND Street, Cabot, AR 72023
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    Property ID
    US05-2363923
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Swayze's Cabot Carwash / Car Wash
    • LibertyX Bitcoin ATM / Atm
    • Marathon / Gas Station

    Property Details for 1213 S 2Nd St

    Year built
    1992
    Lot size
    1.33 lot acres
    Property type
    Grocery and convenience stores
    APN
    723-70601-000
    APU
    72370601000

    Description

    This exceptional business opportunity presents a chance to own a well-established deli located at 1213 S 2nd Street in Cabot, Arkansas. The property encompasses a 2,000 square foot space, offering ample room for operations and potential expansion. Historically, the deli generated an impressive $60,000 in annual revenue. However, recent revenue decline is attributed to the current owner's limited availability to actively manage the business. This presents a unique opportunity for a hands-on owner to revitalize operations and recapture the deli's former success. The deli's strong reputation for quality food provides a solid foundation for future growth. The asking price for this turnkey business is $15,000, representing a significant value for a ready-to-operate establishment. The property itself is situated on a lot with no acreage, making it ideal for a focused business operation. This is an excellent chance to acquire a profitable business with significant upside potential, requiring only the dedication and time of a new owner to reach its full potential. Serious inquiries are encouraged to explore this promising investment. The property is being sold as a business opportunity, and the sale includes the existing business operations and equipment.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Cabot
    County
    Lonoke
    State
    Arkansas
    Longitude
    -92.0262
    Latitude
    34.9656
    CBSA code
    30780
    CBSA name
    LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,703
    $19,950
    $52,800
    $72,750
    -
    $99,750
    $264,000
    $363,750

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      1,431 SF

      Turnkey Gas Station with Store

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      View Details
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      Turnkey Gas Station Convenience Store

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      18,360 SF

      Retail or Flex Building ForSale

      18,360 SF building on 1.26 acre lot.
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      8,720 SF

      Income-Producing Property in Cabot

      Fully occupied commercial property with long-term tenants in Cabot, Arkansas.
      818-822 S 2Nd St, Cabot, AR 72023
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      10,545 SF

      Retail Space with New Roof

      Retail space featuring a new roof and below market rent.
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      58,924 SF

      Church and School on 5 Acres

      58,924 SF church and school on 5.07 acres.
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    Similar Nearby for Lease

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      1,200 SF

      Highway 5 Retail/Office Space

      Retail or office space with frontage on Highway 5.
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    • $13 SF/Yr

      Highway 5 Retail/Office Space

      Retail and office spaces available on Highway 5 in Cabot.
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      3,000 SF

      Spacious Shop with Integrated Offices

      3,000 SF shop with offices, secure parking, climate control.
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      High-Visibility Commercial Space in Cabot

      Commercial space with high traffic and convenient highway access.
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      Remodeled Office Building For Rent

      Fully remodeled office building with high visibility and modern amenities.
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      88,000 SF

      Redevelopment Opportunity in Cabot, Arkansas

      Rare redevelopment opportunity in booming Cabot, Arkansas market.
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    Cabot, AR 72023
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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