Property profile

1311 Ft St Barling, AR 72923

OFF-MARKET
Strip malls
Property ID
US05-1122865
20,593 SF 1.85 ac lot
Individually Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial investment opportunity in Barling, Arkansas, presents 18 rentable storefronts situated on a substantial 1.85-acre lot. The property enjoys a high-visibility location along the main street, ensuring maximum exposure for tenants. Ample parking is provided with 105 spaces, catering to the needs of businesses and their customers. Each of the 18 units is delivered in a "white box" condition, offering flexibility for diverse tenant uses. Standard features within each unit include a kitchen and bathroom, providing immediate functionality. Currently generating income from existing tenants, this property offers a strong foundation for investors seeking reliable cash flow. The property's strategic location within a high-traffic area is poised for even greater growth once nearby highway construction is completed, further enhancing its long-term value and potential. This turnkey property represents a rare opportunity to acquire a multi-use commercial center in a thriving Arkansas community. The property's size, location, and current occupancy make it an attractive investment for both seasoned investors and those seeking a stable, income-producing asset. The 105 parking spaces are a significant advantage, ensuring ample parking for tenants and their customers. The "white box" condition of the units allows for customization to suit a variety of business needs.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Total area 20,593 SF
Lot 1.85 ac (80,586 SF)
APN 63020-0203-00000-00
UPID US05-1122865

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
  • Physician Medical Clinic
  • Insurance Agency
  • Foster Care Service Social Service Agency
  • Foster Care Service Social Service Agency
  • Foster Care Service Social Service Agency

Location

1311 Ft St Barling, AR 72923-2045
Barling metro Census 1308 FORT SMITH, AR-OK METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$445k
CAP Approach CAP
by Request
Comparable Approach Comparable
$577k
Blend (final) Blend
$445k

Owner & transaction history

since 2017
1 recorded transaction
2017
$1.2M

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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