Property profile

205 S Main St Berryville, AR 72616

FOR SALE
Strip malls
Property ID
US05-1261846
16,200 SF 0.79 ac lot Built 1965
Individually Owned 21-yr Hold Free & Clear
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Property summary

AI-generated overview

A mixed-use building with more than 16,000 square feet of space that is configured to support multiple uses, including a long-standing 150-seat movie theater, a restaurant, office rental spaces, and retail spaces. The theater has origins dating to the late 1940s, and the overall property has been family-owned and operated since 1974. The site includes a large parking lot that is partially leased, and the rental spaces include both long-term tenant occupancy and newer tenants. The building has an active termite policy in place as of December 2024.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1965
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 16,200 SF
Lot 0.79 ac (34,412 SF)
APN 875-01262-000
UPID US05-1261846

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Clothing & Fashion Store

Location

205 S Main St Berryville, AR 72616
Berryville metro Census 950301
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$385k

Owner & transaction history

since 2005
2 recorded transactions
2019
Price N/A
2005
$390,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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