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    FOR SALE
    Outlet malls

    170 Highway 167 N, Bald Knob, AR 72010

    16,625 SF 1.86 ac lot Built 1999
    Trust Owned 18-yr Hold Absentee Owner Free & Clear
    Property ID
    US05-2144966
    Property summary
    AI-generated overview

    This exceptional 16,652-square-foot retail property in Bald Knob, Arkansas, presents a compelling investment opportunity. Located at 170 Hwy 167 N, 72010, this vacant Class C building sits on a 1.86-acre lot and boasts high visibility due to its highway frontage and proximity to Interstate 67. Previously occupied by Fred's Dollar Store, the building offers significant potential for a variety of retail uses. The property features ample parking and convenient access, enhanced by a drive-thru lane and a dedicated pharmacy window. Built in 1999, the structure is zoned for commercial use, providing flexibility for future tenants. Its strategic location next to an ARCare Medical office ensures high traffic counts and a strong customer base. The asking price is $849,000, translating to $50.98 per square foot. This property is ready for immediate occupancy and represents a rare chance to acquire a well-situated retail space in a growing market. The building's size and features make it suitable for a variety of retail businesses, offering a strong return on investment for the discerning buyer. The property's prime location and high visibility make it an ideal choice for businesses seeking to establish a strong presence in the Bald Knob area. Don't miss this chance to own a piece of prime Arkansas commercial real estate.

    Property profile
    Verified
    Property type Outlet malls
    Use group WHOLESALE OUTLET, DISCOUNT STORE
    Year built 1999
    Total area 16,625 SF
    Lot 1.86 ac (81,022 SF)
    APN 003-03333-005
    UPID US05-2144966
    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
    $2.02M
    Comparable Approach Comparable
    $1.11M
    Blend (final) Blend
    $1.53M
    Owner & transaction history
    Hershberger Family Trust · 18 yrs held
    Hershberger Family Trust
    since 2007
    2 recorded transactions
    2016
    2007
    $820,000
    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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