Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1700 Main St Blytheville, AR 72315
    Back to Search
    Property profile & analytics

    1700 Main St Blytheville, AR 72315

    View on Map
    • Commercial real estate
    • 8,611 SF
    • 1.15 lot acres
    Off-Market
    Property ID
    US05-0009162
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Olympia Steak & Seafood / Restaurant

    Property Details for 1700 Main St

    Year built
    1983
    Lot size
    1.15 lot acres
    Property size
    8,611 SF
    Property type
    Commercial real estate
    APN
    305-00206-000

    Description

    This exceptional opportunity presents a 8,611 square-foot, single-tenant restaurant building situated on a 1.15-acre lot at 1700 E Main St, Blytheville, AR 72315. Built in 1983 and renovated in 2002, this property boasts a modified lease and is currently 100% occupied. The asking price is $1,950,000, translating to $226.45 per square foot. Ideally located in Blytheville's main retail trade area, near I-555 and major retailers like Walmart, Lowe's, and Tractor Supply, this restaurant has been a community staple for over two decades. The property's prime location and established history offer significant potential for continued success, whether as a turnkey restaurant operation or a standalone building investment. The property features a beautiful exterior and interior, and is a stand-alone building. The property's APN is 305-00206-000. Blytheville is the county seat of Mississippi County, Arkansas, and home to Nucor Steel, a major employer in the region. This is a rare opportunity to acquire a well-established restaurant property in a thriving community. The property is a one-story building.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Blytheville
    County
    Mississippi
    State
    Arkansas
    Longitude
    -89.875941337415
    Latitude
    35.929348925246

    Comparable in this City

    • Contact for pricing
      12,640 SF

      Twilight Bowling Center For Sale

      Bowling alley with arcade, restaurant, and party room.
      3007 Floral Plz, Gosnell, AR 72315
      View Details
    • $1,854,000
      12,480 SF

      New Dollar General Market Property

      New 15-year NNN Dollar General Market for sale.
      123 Bevill Ave, Gosnell, AR 72315
      View Details
    • $1,056,000
      56,365 SF

      Large Retail Opportunity in Blytheville

      Large commercial property on 6.19 acres, ideal for redevelopment.
      1040 E Main St, Blytheville, AR 72315
      View Details
    • $1,056,000
      6.19 Acres

      Blytheville Commercial Opportunity on Main

      Large commercial building and land for redevelopment or flagship operation.
      1040 E Main St, Blytheville, AR 72315
      View Details
    • $200,000
      32,115 SF

      Blytheville Retail Investment Opportunity

      Downtown Blytheville property with storefronts and apartment units for sale.
      203 W Main St, Blytheville, AR 72315
      View Details
    • $275,000
      1,440 SF

      Commercial Business & Residential Opportunity

      Commercial building, tire shop, residential property on 2.92 acres.
      3315 Division St, Blytheville, AR 72315
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      12,640 SF

      Twilight Bowling Center For Sale

      Bowling alley with arcade, restaurant, and party room.
      3007 Floral Plz, Gosnell, AR 72315
      View Details
    • $1,854,000
      12,480 SF

      New Dollar General Market Property

      New 15-year NNN Dollar General Market for sale.
      123 Bevill Ave, Gosnell, AR 72315
      View Details
    • $200,000
      32,115 SF

      Blytheville Retail Investment Opportunity

      Downtown Blytheville property with storefronts and apartment units for sale.
      203 W Main St, Blytheville, AR 72315
      View Details
    • $275,000
      1,440 SF

      Commercial Business & Residential Opportunity

      Commercial building, tire shop, residential property on 2.92 acres.
      3315 Division St, Blytheville, AR 72315
      View Details
    • $1,056,000
      6.19 Acres

      Blytheville Commercial Opportunity on Main

      Large commercial building and land for redevelopment or flagship operation.
      1040 E Main St, Blytheville, AR 72315
      View Details
    • $1,056,000
      56,365 SF

      Large Retail Opportunity in Blytheville

      Large commercial property on 6.19 acres, ideal for redevelopment.
      1040 E Main St, Blytheville, AR 72315
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1700 Main St
    Blytheville, AR 72315
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1700 Main St, Blytheville, AR, 72315
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!