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    Property profile & analytics
    FOR SALE
    Warehouses

    15651 Highway 72 W, Gravette, AR 72736

    13,693 SF 5.05 ac lot
    Individually Owned 9-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US05-0308523
    Property summary
    AI-generated overview

    This exceptional 11.7-acre commercial property in Gravette, Arkansas, presents a significant development opportunity. Boasting 13,693 square feet of existing building space, the property is strategically located on Highway 72, offering 476 feet of prime road frontage. Its proximity to Interstate 49, approximately 800 feet from Exit 100 and directly across from the future Arkansas Welcome Center, ensures exceptional visibility and accessibility. Daily traffic counts on this section of Highway 72 reach 9,400 vehicles, with 11% being trucks, indicating substantial potential for various commercial ventures. The existing structures include an auto repair shop, a U-Haul rental facility, additional shop space, and ample trailer parking. The property's location offers a unique advantage, situated midway between gas stations and fast-food establishments along this stretch of Interstate 49, where such amenities are spaced considerably further apart (gas stations are 28 miles and 9 exits apart, while fast food is 30 miles apart). The nearest truck stops are 38 miles north and 17 miles south. Convenience stores and restaurants along Highway 72 are a short 8-minute drive. This property's high traffic count, strategic location, and existing infrastructure make it an ideal investment for developers seeking a high-return opportunity in a rapidly growing area. The asking price is $2,250,000.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Total area 13,693 SF
    Lot 5.05 ac (219,978 SF)
    APN 11-01580-000
    UPID US05-0308523
    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
    Current use
    Occupant on record · Public records
    • U-Haul Neighborhood Dealer Car Rental Facility
    • Intoxalock Ignition Interlock Building Supply General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $965k
    Comparable Approach Comparable
    $625k
    Blend (final) Blend
    $890k
    Owner & transaction history
    Billy W Johnson · 9 yrs held
    Billy W Johnson
    since 2017
    2 recorded transactions
    2017
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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