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    FOR LEASE
    Auto shops

    12329 Three Elms Rd, Farmington, AR 72730

    4,000 SF 0.91 ac lot Built 2008
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US05-0814377
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents two 4,000 square foot metal buildings situated on a 1.87-acre lot in Farmington, Arkansas. Located at 12329 & 12331 Three Elms Rd, this property boasts a prime location, just one mile from downtown Farmington and a convenient five miles from Interstate 49. The buildings, constructed in 2008, offer versatile flex space, ideal for a variety of uses. Each building (APN: 760-03098; 760-03098-001; 760-03098-000) features unique layouts; one includes an office space, while the other is equipped as a fully built-out apartment. Both units include their own bathrooms. The asking price is $695,000, translating to $86.88 per square foot. Currently occupied, this property offers a strong potential for rental income. Please schedule a showing appointment to explore this rare flex space opportunity in a desirable location. The property consists of two buildings, totaling 8,000 square feet.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 2008
    Total area 4,000 SF
    Lot 0.91 ac (39,640 SF)
    Zoning code AA2
    APN 760-03098-001
    UPID US05-0814377
    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
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Greenway Re Investment Holdings LLC · 1 yrs held
    Greenway Re Investment Holdings LLC
    since 2024
    2 recorded transactions
    2024
    $650,000
    2009
    $150,000
    Zoning & alternative use
    AA2 · Farmington, AR
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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