Entity Owned 
For Sale
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Property summary
This exceptional commercial property at 215 Westfork Street in Alma, Arkansas, presents a unique opportunity for a variety of businesses. Boasting a highly visible location directly off I-40, this former restaurant benefits from significant traffic flow, including proximity to Walmart and Alma schools. The building sits on a 0.52-acre lot and features a spacious open floor plan ideal for both restaurant and retail operations. The interior includes a large dining area with seating for over 150 patrons, a fully equipped kitchen with walk-in cooler, and multiple vent-a-hoods (10', 8', and 4'). Additional features include a convenient office, double-vestibule covered porch entries, a main dining area with elevated ceilings, three-phase electric service, and two 25-ton Pack units for climate control. The property also benefits from an elastomeric roof coating, ample lighting, ceiling fans, and double insulation, ensuring both energy efficiency and comfort. The current health department permit is in place. Tables and chairs are included in the sale. This versatile space offers immense potential for a savvy investor or business owner seeking a high-visibility location with established infrastructure. The asking price is $475,000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Alma market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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