1225 W Center St Greenwood, AR 72936
- Retail space
- 2,864 SF
- 0.66 lot acres
Current Use by Public Records
- Serendipity Consignment Boutique / Boutique
Property Details for 1225 W Center St
- Lot size
- 0.66 lot acres
- Property size
- 2,864 SF
- Property type
- Retail space
- APN
- 66349-0105-00000-00
- APU
- 6634901050000000
Description
This exceptional 0.66-acre commercial property at 1225 W Center Street in Greenwood, Arkansas, presents a remarkable opportunity for a variety of businesses. Situated on a main thoroughfare in one of Arkansas's fastest-growing communities, this high-visibility location is ideal for retail, restaurant, office, medical, or professional services. The property boasts a proven track record of success as the site of a long-term established business, ensuring immediate operational readiness. The existing structure offers ample space for immediate use, while also providing significant potential for expansion and upgrades to suit a new owner's specific needs. Greenwood is known for its strong family-oriented atmosphere and high quality of life, making it an attractive location for both employees and customers. This property offers a unique blend of established success and future growth potential, representing a compelling investment opportunity in a thriving community. The property is available for purchase at $389,000. The square footage is not currently specified.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $270,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $255,000
- 6.5%
- $275,000
- 7%
- $260,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $235,000
- Geo Method
- $285,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $265,000
- Retail
- $275,000
- Mixed-Use
- $330,000
- Hospitality
- $265,000
- Educational
- $275,000
- Residential Income
- $260,000
- Energy
- $315,000
- Income-Based Land
- $300,000
- Food Service
- $270,000
Location Insight
- Map
- Local Demand
- City
- Greenwood
- County
- Sebastian
- State
- Arkansas
- Longitude
- -94.2757
- Latitude
- 35.2193
- CBSA code
- 22900
- CBSA name
- FORT SMITH, AR-OK METROPOLITAN STATISTICAL AREA