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    OFF-MARKET
    Retail space

    205 College St, Mountain Home, AR 72653-3653

    2,700 SF 0.48 ac lot
    Individually Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US05-2057988
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 205 & 209 N College Street in Mountain Home, Arkansas, presents a unique investment opportunity. Boasting a prime location across from Walgreens, at one of the city's busiest intersections, this property offers unparalleled visibility and accessibility. The two buildings, totaling approximately 4,740 square feet on one level, are situated on a sizable lot with ample front and rear parking. The property features three units, with two currently rented, providing immediate income potential. Recent major upgrades include new heating and cooling systems, insulation, storefront and garage doors, fresh paint, and new 26-gauge standing seam metal roofs. The interior spaces are flexible and adaptable, with the main building including a half and three-quarter bath, and a kitchenette area. Rental units each have half baths. The property is fully fenced, offering secure access to rear bay doors. C2 zoning allows for a variety of commercial uses. With its high traffic location, major upgrades, and room for expansion, this property is an ideal investment for discerning buyers seeking a high-return commercial asset in a thriving Arkansas market. The property is situated in Baxter County, Arkansas, zip code 72653. The buildings are all on one level and are approximately 4740 square feet.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Total area 2,700 SF
    Lot 0.48 ac (20,909 SF)
    APN 007-14175-001
    UPID US05-2057988
    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
    Current use
    Occupant on record · Public records
    • Mountain Home Clock & More Computer & Electronic Repair
    • Quaint Cottage Antiques Home Decor Store (Bike/Boat/Book/etc) Store
    • Corner Joint Gallery & Picture Framing Art Gallery Picture Frame Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Charies H Grinder · 5 yrs held
    Charies H Grinder
    since 2021
    Last sale
    $360,000
    2 recorded transactions
    2021
    $133,000
    2020
    $118,500
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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