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Property profile & analytics
FOR SALE
Drive through restaurants

201 E 1St Ave Crossett, AR 71635

2,614 SF 0.65 ac lot Built 1990
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US05-0986263
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1990
Total area 2,614 SF
Lot 0.65 ac (28,227 SF)
APN 706-00117-000
UPID US05-0986263
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
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Fmi Us Property Holdings LLC · 9 yrs held
Fmi Us Property Holdings LLC
since 2017
1 recorded transaction
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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