$159,900 1,920 SF

207 N Bay Dr, Bay, AR 72411
View Listing

The property at 207 N Bay Dr in Bay, Arkansas is a 1,920-square-foot commercial space configured for restaurant use and historically operated as Pam's Place. The existing restaurant layout can support continued restaurant operations or potential adaptation to another commercial use, subject to applicable requirements. The real estate is offered independently of restaurant equipment, with equipment potentially remaining in place or being removed to allow for the next owner’s preferred setup.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?

$379

Tax billed · 2024

Assessed value$7k

Assessed land$1k

Assessed improvement$6k

Effective rate5.14%

Value estimate

· Nov 2026

$180k

$162k – $198k

AI approach$245k

NOI build-up

Gross scheduled income$29k

Vacancy & credit loss−$2k

Operating expenses−$7k

NOI · 12.68% cap applied$20k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?

$222/SF

County average, outlier-cleaned · 33 recorded sales of this use type

Observed band · Q1–Q3$95 – $389

Qualifying comparables3

Cap rate analysis

How does the asset earn?

12.68%

$20k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCRAIGHEAD

Location intelligence

Which uses thrive at this corner?

Best fit: Auto Parts Store

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Auto Parts Store8.5

Furniture Store8.3

Garden Center8.3

207 N Bay Dr Bay, AR 72411

County assessor Recorded deeds · 1 transfer 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 properties nearby

No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.

Comparable nearby

Value Estimation
$290,000

1,900 SF

108 Bay Dr

CONVENIENCE STORE

108 Bay Dr, Bay, AR 72411-9470

View Details
Value Estimation
$190,000

2,296 SF

504 Main St

RETAIL STORES (PERSONAL SERVICES)

504 Main St, Bay, AR 72411

View Details
Value Estimation
$195,000

2,460 SF

508 Main St

RETAIL STORES (PERSONAL SERVICES)

508 Main St, Bay, AR 72411

View Details
Value Estimation
$255,000

2,468 SF

205 Bay Dr

RESTAURANT

205 Bay Dr, Bay, AR 72411

View Details
Value Estimation
$205,000

2,640 SF

312 Elder St

RETAIL STORES (PERSONAL SERVICES)

312 Elder St, Bay, AR 72411-9011

View Details
Value Estimation
$230,000

3,103 SF

103 Bay Dr

RETAIL STORES (PERSONAL SERVICES)

103 Bay Dr, Bay, AR 72411-9463

View Details

Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude

Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

One click on Google

207 N Bay Dr Bay, AR 72411

Property summary