201 E 1St Ave Crossett, AR 71635
For Sale
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This exceptional investment opportunity presents a vacant 2,614 square foot former Kentucky Fried Chicken restaurant situated on a 0.65-acre lot at 201 E 1st Ave, Crossett, AR 71635. Built in 1990, this single-story building offers a ready-made space for a quick-service restaurant or other suitable business. The property is located in Crossett, Arkansas, the largest city in Ashley County, boasting a population exceeding 10,752 residents. The area benefits from the presence of major employers like Georgia-Pacific Corporation and Georgia Pacific Resins Corporation, employing over 660 people. Crossett's low cost of living makes it an attractive location, further enhanced by a pleasant climate. Educational institutions such as UAM College of Technology-Crossett and the University of Arkansas are nearby, along with Ashley County Medical Center. Recreational opportunities abound with the Felsenthal National Wildlife Refuge, a mere 8-mile drive, offering 76,000 acres of natural beauty. Several apartment complexes, including Oakhurst, Village Creek, and Turtle Creek Apartments, are also conveniently located nearby, providing a substantial residential base. The asking price is $500,000, translating to $191.28 per square foot. This fee-simple ownership opportunity is ideal for an owner-user investor seeking to establish or relocate their business in a thriving community. The property's previous use as a Kentucky Fried Chicken restaurant, a globally recognized brand, speaks to its established viability and potential for future success.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.