215 Westfork St Alma, AR 72921
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.