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    FOR SALE
    Auto shops

    18614 Highway 71 S, Greenwood, AR 72936

    2,880 SF 4 ac lot
    Individually Owned ~ Est. High Equity
    Property ID
    US05-1323110
    Property summary
    AI-generated overview

    This exceptional 8-acre industrial property boasts 816 feet of prime frontage on Highway 71 South, offering unparalleled visibility and accessibility. A substantial 2880-square-foot commercial metal building is the centerpiece, featuring a versatile layout including an office area, kitchen, upstairs bedroom, and shower. The building's west end includes a large 16' wide by 17' tall overhead garage door, ideal for equipment access. Adding to the functionality is a separate 20' x 80' shop building, providing ample workspace. The property's extensive gravel surface is well-suited for heavy equipment, reflecting its previous use. The property is equipped for both residential and commercial use, featuring two septic systems and readily available city water and three-phase electric service. The convenient crossover/median turn lane allows for easy north and south access directly from Highway 71. This unique combination of land, building, and utilities presents a rare opportunity for a diverse range of businesses or mixed-use development. The property's location and features make it an attractive investment for those seeking a versatile and well-equipped industrial space. The asking price is $799,000.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Total area 2,880 SF
    Lot 4 ac (174,240 SF)
    APN 60001-0000-03588-00
    UPID US05-1323110
    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
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    Blend (final) Blend
    by Request
    Owner & transaction history
    RICKY L ALTES
    RICKY L ALTES
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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